America Embalagens (IFC-50229)

Countries
  • Brazil
Geographic location where the impacts of the investment may be experienced.
Specific Location
City of Jundiaí
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
America Industria e Comercio de Embalagens S.A.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 70.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 70.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Mar 24, 2025

Disclosed by Bank Mar 5, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

America Embalagens S.A. (“America Embalagens” or the “Company” - https://www.americaembalagens.com), part of the Evora Group, produces plastic closures and packaging for food, beverages (mainly bottled water and soft drinks), home cleaning, personal care, and beauty markets. IFC is considering a US$70 million Loan, being US$35 million A Loan and US$35 million B Loan to America Embalagens, for the expansion and modernization of the facility in Jundiai, Sao Paulo state, which produces plastic preforms (tubes) used in packaging for the beauty and personal hygiene industries (the “Project”). The expanded facility will produce packaging products from up to 70% post-consumer recycled material (PCR) which will increase the production resource efficiency. , reduce the amount of plastic that goes to landfills and reduce GHG footprint of the production considering that plastic recyclizing uses less energy and fuel than virgin plastic production. In Brazil, plastic production generates approximately 8 million (m) tons of CO2 equivalent annually.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
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ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org.  You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/

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