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Corporacion Dinant S.A. de C.V.
Summary of Proposed Investment

This Summary of Proposed Investment is prepared and distributed to the public in advance of the IFC Board of Directors’ consideration of the proposed transaction. Its purpose is to enhance the transparency of IFC’s activities, and this document should not be construed as presuming the outcome of the Board decision. Board dates are estimates only.

Project number 27250
Company nameCorporacion Dinant S.A. de C.V.
Country
Honduras
Sector1Palm Vegetable Oil
Environmental categoryB
Department
StatusActive
Date SPI disclosedNovember 13, 2008
Projected board dateDecember 15, 2008
Previous EventsInvested: November 5, 2009
Signed: April 3, 2009
Approved: January 26, 2009
View Environmental & Social Review Summary (ESRS), click here
click here
  Overview     Sponsor/Cost/Location     Development Impact     Contacts     Attachments  

Project description
The project will consist of a corporate loan to Corporacion Dinant S.A. de C.V. (“Dinant”), a vertically-integrated palm oil and food company in Honduras. The company is seeking funds primarily to:

- increase production capacity in its snacks and edible oils divisions;
- expand and upgrade its distribution network;
- develop young palm oil plantations; and
- build a biogas facility to generate electricity for own and third-party consumption.

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