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Corporacion Dinant S.A. de C.V.
Environmental & Social Review Summary

This Environmental and Social Review Summary is prepared and distributed 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 of Director’s decision. Board dates are estimates only.
Any documentation which is attached to this Environmental and Social Review Summary has been prepared by the project sponsor and authorization has been given for public release. IFC has reviewed this documentation and considers that it is of adequate quality to be released to the public but does not endorse the content.
Project number 27250
Country
Honduras
RegionLatin America and the Caribbean
SectorPalm Vegetable Oil
Department
Company nameCorporacion Dinant S.A. de C.V.
Environmental category:B
StatusActive
Date ESRS disclosedNovember 13, 2008
Previous EventsInvested: November 5, 2009
Signed: April 3, 2009
Approved: January 26, 2009
View Summary of Proposed Investment (SPI), click here

OverviewCategory &

Applicable Standards
Key Issues

& Mitigation
Community/

Engagements
Client's

Documentation

Overview of IFC's scope of review
The appraisal of this project consisted of a review of technical, environmental and social information prepared by an independent consultant, interviews with company management, staff, and representatives of several local communities, as well as site visits to the company’s industrial and agricultural operations in Honduras.  
Project description
The project will consist of a corporate loan to Corporacion Dinant S.A. de C.V., 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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