LC Packaging International B.V.
Status: Approved investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
LC Packaging International B.V, serves as contracting representative for Dutch-Bangla Pack Ltd (DBPL). DBPL is a Netherlands-Bangladesh joint venture company established in 2007. DBPL is a producer of FIBCs (Flexible Intermediate Bulk Containers) in Bangladesh and is implementing an ambitious strategy to reduce emissions by 50% from 2021 to 2030.
What is our funding objective?
The funding objective is to build the understanding and skillset needed to execute projects that promote energy efficiency and CO2 reduction.
Why do we fund this investment?
We fund this project to develop the capacity of DBPL to execute their emission reduction strategy and to bring awareness and capacity on this topic to a larger group in Bangladesh.
More investments
| Date | Total FMO financing |
|---|---|
| 9/26/2019 | EUR 0.13 MLN |
- Website customer/investment
- http://www.lcpackaging.nl
- Region
- Asia
- Country
- Bangladesh
- Sector
- Agribusiness, Food & Water
- Publication date
- 12/21/2023
- Effective date
- 11/29/2023
- Total FMO financing
- EUR 0.04 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B+