LC PACKAGING INTERNATIONAL BV
Status: Completed 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 BV is the leading supplier in Europe for agricultural packaging and bulk bags. The company produces high quality, large & flexible industrial containers (“FIBCs” or “big bags”) used for storing and transporting products including foods, pharmaceuticals and speciality chemicals. LC Packaging has a subsidiary in Bangladesh named Dutch-Bangla Pack Ltd.
What is our funding objective?
This Capacity Development project comprises a twofold corporate footprint research, and on level of the production plant a 1) waste recycling unit and 2) a waste reduction project.
Why do we fund this investment?
This is in line with FMO’s strategy. LC Packaging has a strong focus on sustainable business and sustainable production. This project will include a twofold footprint research: so called “Corporate research: and “product lifecycle research”. LC Packaging envisages a planned, dynamic and sustainable expansion project in 2017, for which FMO is considered a financial partner as well.
More investments
| Date | Total FMO financing |
|---|---|
| 11/29/2023 | EUR 0.04 MLN |
- Website customer/investment
- http://www.lcpackaging.nl
- Region
- Asia
- Country
- Bangladesh
- Sector
- Agribusiness, Food & Water
- Effective date
- 6/28/2017
- End date
- 9/26/2019
- Total FMO financing
- EUR 0.13 MLN
- Funding
- ForeignAffairs - CD
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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+