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According to the bank website, the IFC is considering a loan to support Celulosa Arauco y Constitución (Arauco) for the construction and operation of the Sucuriú Project, an industrial pulp plant in Inocência, Mato Grosso do Sul, Brazil. The facility will have an annual production capacity of 3.5 million tons of short-fiber pulp, supported by 400,000 hectares of eucalyptus plantations, with operations expected to begin in late 2027. The project includes a 91 km transmission line connecting the plant to the Ilha Solteira substation and a 47 km railway link to the Rumo Logística network, facilitating pulp distribution. The plant will incorporate high-efficiency processing units, including a recovery boiler, lime kilns, an evaporation plant, and a crystallization plant. Thegasification system will feature two 92 MW units, while a biomass boiler with a 200 t/h capacity will contribute to energy self-sufficiency. The facility is expected to generate 400 MW of clean energy, with 220 MW available for sale through Brazil’s National Interconnected System (SIN).
With the support of specialized external consultants, the project has developed an Environmental & Social Impact Assessment (ESIA) titled “Estudo De Impacto Ambiental (EIA/RIMA) - Fábrica de Celulose Branqueada em Inocência – MS” dated “October 2023” to address E&S risks, impacts and mitigations for the project. The ESIA was submitted for approval to the Mato Grosso do Sul Environmental Institute (IMASUL). The ESIA should not be taken as an indication that IFC has completed its review of the potential investment. Upon completion of the E&S Due Diligence process, an Environmental and Social Review Summary (ESRS) will be prepared and published on this website.
Investment amount not available at the time of disclosure.
As stated by Bloomberg, Celulosa Arauco y Constitucion S.A. manufactures wood products. The Company produces wooden cellulose, coated and naked boards, laminated beams, and moldings. Celulosa Arauco y Constitucion serves customers worldwide.
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
- | - | - | - | Celulosa Arauco y Constitucion S.A. | Client | - |
No contacts available at the time of disclosure.
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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/