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Summary of Project Information (SPI)
Project number7218
Project nameCalex (IFC/GEF)
CountrySlovakia
SectorIndustrial & Consumer Products
DepartmentEnvironment & Social Development
Company nameGEF Calex
Environmental categoryB
Date disclosedSeptember 14, 1995
StatusCompleted
Previous EventsApproved: June 11, 1996

Summary Of Project Information (SPI)
Project NameSlovakia-Calex – GEF/MP Project
RegionEurope
Sector
Project No007218
Projected Board DateOctober 12, 1995
Company NameCalex, a.s.
Technical Partner and/or Major Shareholders

Calex, Slovakia (government owned)

Project Cost Including proposed IFC investment

USD 2,400,000 (provided as a grant)

Location of project and Description of site

The project will be undertaken at Calex’s manufacturing site located in Zlate Moravce, Slovakia.

Description of Company and Purpose of Project

Calex is a 100% state-owned company. In 1993, an additional company was formed as a joint venture with Samsung of South Korea to manufacture refrigerators and freezers. Calex has also invested in a state-of-the-art compressor manufacturing facility built by Samsung. Calex is one of two companies manufacturing refrigerators and freezers in Slovakia. The purpose of the project is to assist the company in complying with the requirements of the Montreal Protocol.

Environmental Category and Issues

The project will eliminate CFC use by Calex in the manufacture of insulation for refrigerators and freezers and will result in avoiding the use of more than 130 tons of CFCs per year. CFC use will be replaced with cyclopentane as the blowing agent. This will involve appropriate storage and piping of pentane, installation of safety measures, and worker training. Calex has already taken measures to convert the refrigerant circuit to using HFC-134a. The project has been classified as Category B.

The is September 29, 1995 from the Public Information Center.

Date SPI sent to PIC September 14, 1995

For Additional Information contact: Corporate Relations Unit -
telephone: (202) 473-7711
facsimile: (202) 676-0365

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).