NSG UK Enterprises Limited (“NSG UK” or “the Company”), a leading global glass producer, has invited IFC to consider providing up to US$40 million corporate loan to finance its subsidiary in Argentina, Vidrieria Argentina S.A. (“VASA”, a JV 51% NSG UK and 49% Saint-Gobain). The IFC Loan will finance the completion of the Company’s greenfield glass production plant in Argentina (partially financed by the IFC in 2019, Original Project, NSG Argentina #42550).
This project is linked to project NSG Argentina #42550, https://disclosures.ifc.org/project-detail/ESRS/42550/nsg-argentina
IFC proposed investment consists of a US$40 million A Loan to finance the completion and start of operations of the Company's greenfield (approximately 225,000 tons per annum) float glass production plant in Argentina.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|Vidrieria Argentina S.A.||Parent Company||Industry and Trade||has unknown relation to||NSG UK ENTERPRISES LIMITED||Investor||Industry and Trade|
Project contacts not available at the time of disclosure.
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