Supply of paper machine and various equipment for a pulp mill in Brazil
Andritz Inc., Andritz Oy and Valmet Technologies Oy supply a paper machine and various equipment for a pulp mill in Brazil. Finnvera and Finnish Export Credit Ltd. have provided the delivery with an export credit and an export credit guarantee.
Read also about previous supplies of Andritz and Valmet:
The pulp mill modernisation and expansion in Chile is one of the largest pulp mill investments at the moment (7 October 2019)
Pulp mills are undergoing a clear investment boom – A new mill always requires Finnish expertise (25 September 2019)
Exporters: Andritz Inc., Andritz Oy, Valmet Technologies Oy
Guarantee Holder: HSBC Bank USA, N.A.
Lender: Finnish Export Credit Ltd
Arrangers: HSBC Bank USA, N.A., Credit Agricole Corporate and Investment Bank, Banco Santander S.A.
Buyer: Klabin S.A.
Buyer's country: Brazil
Export transaction/Goods: The supply of paper machine and various pulp mill equipment
Credit amount: EUR 217,6 million or its equivalent in USD
Credit period: 2 + 10 years
Project classification: A
Source of environmental and social impact information (projects in category A):
Basic information as well as information on environmental and social impacts were published at least 30 days before the guarantee agreement was signed. Date of publication: August 19, 2019.
https://www.finnvera.fi/sites/finnvera.fi/files/imported_files/Relatorio_Ambiental_Preliminar_Puma_II.pdf
International standards applied in benchmarking: IFC Performance Standards and relevant EHS Guidelines
Contact point: environment (at) finnvera.fi
Information published: August 20, 2020
