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Summary of Project Information (SPI) |
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| Project number | 7960 |
| Project name | Dunapack Rambox Prodimpex LLC |
| Country | Romania |
| Sector | Pulp & Paper |
| Department | Global Manufacturing & Services |
| Company name | Dunapack Rambox Prodimpex S.R.L. |
| Environmental category | B |
| Date disclosed | January 30, 1997 |
| Status | Completed |
| Previous Events | Invested: October 13, 1998
Signed: September 14, 1998
Approved: June 17, 1997 |
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Summary Of Project Information (SPI)
| Project Name | Romania-Rambox Prodimpex LLC |
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| Region | Europe |
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Project No007960
Projected Board DateMarch 3, 1997
Company NameRambox Prodimpex LLC
Technical Partner and/or Major Shareholders
Dunapack Paper and Packaging Limited
Project Cost Including proposed IFC investment
US$12.1 million including an IFC loan of US$3 million and equity of up to US$1 million.
Location of project and Description of site
The plant will be located in Sfantu Gheorghe which is in the southern part of Transylvania in Romania, about 200 kilometers from Bucharest. The Company has purchased 4 hectares of land in Sfantu Gheorghe which is one of the most industrialized regions in Romania and has good transportation and communication facilities as well as a plentiful supply of workers. The plant will be located less than one kilometer from the railway station and will be connected to the railway grid by a private railway. In addition, the plant is well connected to the road network in Romania.
Description of Company and Purpose of Project
The project involves the consolidation and expansion of Dunapack Paper and Packaging Ltd.’s (Dunapack) activities in Romania. Dunapack, the largest manufacturer of paper and packaging materials in Hungary, currently has two subsidiary companies in Romania: (a) Dunapack Impex (DI) which was established in September 1994 as a sales and marketing company for corrugated products; and (b) Dunapack Rom-Convert (DRC) which was established in April 1996 to convert corrugated board, bought from a local company (AMCO), into boxes. The proposed project would consolidate the operations of DI and DRC into one new company, Rambox, which would further integrate backwards into the production of corrugated board. The designed capacity of the consolidated plant is expected to be 20,000 tons per year (tpy) which will be expanded to 30,000 tpy in the second phase of the project. The entire production will be primarily for the domestic market.
Environmental Category and Issues
This is a category B project according to IFC’s environmental review procedure. The key environmental, health and safety issues considered in this project include: liquid effluents, employee safety during construction, employee exposure to noise and chemicals; and fire prevention and life safety, including emergency response. Based on its review of available information regarding potential environmental impacts and proposed mitigation measures, IFC’s Environmental Division has concluded that the proposed project will meet World Bank environmental, health and safety policies and guidelines and host country requirements. The facility development includes the construction of water purification, waste water treatment and recycling systems. Waste water including treated process water and domestic sewage will be discharged to the Sfantu Gheorghe sewage treatment plant. The boiler system and process drying will be fired with fuel oil. The boiler specifications will be selected to ensure the operation achieves World Bank air emission guidelines. The Company will recycle all production waste which will be baled and shipped to paper mills for use in the production of paper. Employees will be trained to ensure safe working practices including orientation for emergency response situations. Dunapack will conduct training programs and monitor the use of safety equipment to ensure compliance. Provisions for fire protection and prevention in the new facilities will comply with World Bank guidelines.
The is from the Public Information Center.
| Date SPI sent to PIC | January 30, 1997 |
For Additional Information contact: Corporate Relations Unit -
telephone: (202) 473-7711
facsimile: (202) 676-0365 |
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| Environmental documents for this project are available at http://www.ifc.org/projects and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html). |
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