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GENEVA, Switzerland, June 15, 2020 (Press Release) -Malaysia-based company Teo Seng Paper Products stamped a mark in the local paper industry when it recently became the first company in the country to obtain PEFC chain of custody certification for its eco-friendly egg trays.

The PEFC certificate enables Teo Seng Paper Products to use the PEFC label on its egg trays as a mark of its compliance to the sustainability requirements of the PEFC Chain of Custody standard.

The label will not only boost the company’s competitive edge but also reflects its commitment in supporting the national sustainability agenda.

Edan Na, product development executive at Teo Seng Paper Products said the company had been producing sturdy egg trays made of recycled newspapers and corrugated cartons since 1995, in line with its vision to produce sustainable products for the industry.

At present, the company uses 400 tonnes of recycled paper to produce 6.3 million units of egg trays every month, mainly for local consumption.

New opportunities on new markets

The company sees the PEFC certification not only for the green cause but also as a good marketing tool to penetrate new markets and enhance market presence.

“Currently, most of our egg trays are utilised for our in-house egg brand and sold to local farms. With the PEFC label, we’re gearing up our efforts to enhance our sales and tap into other potential markets,” Mr. Na explained.

“The certification is an important milestone for us, as it is one of the company’s targets in going green. Turning waste papers into an eco-friendly product is our way to help reduce congestion at the already limited dumpsites in our country. It’s our little contribution for Malaysia,” he added.

Congratulating the company, MTCC CEO Yong Teng Koon said the effort by Teo Seng Paper Products to have its paper egg trays certified is commendable and in line with the UN Sustainable Development Goal (SDG) 12: Responsible Consumption and Production.

Malaysia-based Teo Seng Paper obtains PEFC chain of custody certification for its eco-friendly egg trays

Posted in: Packaging Technology 06/15/2020 - 10:53

GENEVA, Switzerland, June 15, 2020 (Press Release) -Malaysia-based company Teo Seng Paper Products stamped a mark in the local paper industry when it recently became the first company in the country to obtain PEFC chain of custody certification for its eco-friendly egg trays.

The PEFC certificate enables Teo Seng Paper Products to use the PEFC label on its egg trays as a mark of its compliance to the sustainability requirements of the PEFC Chain of Custody standard.

The label will not only boost the company’s competitive edge but also reflects its commitment in supporting the national sustainability agenda.

Edan Na, product development executive at Teo Seng Paper Products said the company had been producing sturdy egg trays made of recycled newspapers and corrugated cartons since 1995, in line with its vision to produce sustainable products for the industry.

At present, the company uses 400 tonnes of recycled paper to produce 6.3 million units of egg trays every month, mainly for local consumption.

New opportunities on new markets

The company sees the PEFC certification not only for the green cause but also as a good marketing tool to penetrate new markets and enhance market presence.

“Currently, most of our egg trays are utilised for our in-house egg brand and sold to local farms. With the PEFC label, we’re gearing up our efforts to enhance our sales and tap into other potential markets,” Mr. Na explained.

“The certification is an important milestone for us, as it is one of the company’s targets in going green. Turning waste papers into an eco-friendly product is our way to help reduce congestion at the already limited dumpsites in our country. It’s our little contribution for Malaysia,” he added.

Congratulating the company, MTCC CEO Yong Teng Koon said the effort by Teo Seng Paper Products to have its paper egg trays certified is commendable and in line with the UN Sustainable Development Goal (SDG) 12: Responsible Consumption and Production.

HELSINKI, June 11, 2020 (Press Release) -Self-adhesive label stock supplier UPM Raflatac has achieved sustainability certification from the International Sustainability and Carbon Certification Scheme ISCC PLUS at three of its factories and nine distribution terminals worldwide. The company is proud to make a change in the sustainable labels value chain and be one of the first adopters in the packaging industry to deliver this certification. UPM Raflatac’s ISCC PLUS certified products via mass-balance approach include UPM Raflatac Forest Film and UPM Raflatac PP C-PCR.

ISCC PLUS is one of the leading global sustainability certification schemes for a fully traceable supply chain to support the transition to a circular economy and bioeconomy. It allows biobased raw materials as well as waste and residue-based feedstock for plastic labels to be certified. The ISCC PLUS certification provides a strong external proof of sustainably managed raw materials and value chains for renewable and chemically recycled products. This truly sustainable packaging value chain brings customers and brand owners closer to their sustainability goals.

More and more companies in the self-adhesive label industry have made the commitment to transform the industry toward a circular economy, and UPM Raflatac has been a frontrunner in this charge. The company’s factories in Tampere, Finland; Nowa Wies, Poland; and Mills River, North Carolina, USA; as well as its distribution terminals with ISCC PLUS certification ensure that the whole supply chain is operating according to ISCC PLUS guidelines.

“From the beginning, it has been important to us that new raw materials we introduce to the market are coming from sustainable sources via a verifiable and transparent value chain. Hence it was clear that our Forest Film and PP C-PCR label materials must be externally verified. As ISCC Plus is a globally recognized high-quality certification scheme for biobased and circular plastic, it is an excellent choice for us to continue our journey,” says Oona Koski, Sustainability Manager at UPM Raflatac.

UPM Raflatac

UPM Raflatac is leading in sustainable labeling through our innovative self-adhesive label materials and services. We offer high-quality paper and film label stock for branding and promotion, informational labels, and labels with functionality. We operate a global network of factories, distribution terminals and sales offices. Our company employees around 3,000 people and made sales of EUR 1.6 billion (USD 1.8 billion) in 2019. UPM Raflatac is part of UPM.

UPM

We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. We employ around 19,100 people worldwide and our annual sales are approximately EUR 10 billion. Our shares are listed on NASDAQ OMX Helsinki. UPM Biofore – Beyond fossils.

UPM Raflatac's multiple sites around world achieves ISCC PLUS certification

Posted in: Environment 06/11/2020 - 12:10

HELSINKI, June 11, 2020 (Press Release) -Self-adhesive label stock supplier UPM Raflatac has achieved sustainability certification from the International Sustainability and Carbon Certification Scheme ISCC PLUS at three of its factories and nine distribution terminals worldwide. The company is proud to make a change in the sustainable labels value chain and be one of the first adopters in the packaging industry to deliver this certification. UPM Raflatac’s ISCC PLUS certified products via mass-balance approach include UPM Raflatac Forest Film and UPM Raflatac PP C-PCR.

ISCC PLUS is one of the leading global sustainability certification schemes for a fully traceable supply chain to support the transition to a circular economy and bioeconomy. It allows biobased raw materials as well as waste and residue-based feedstock for plastic labels to be certified. The ISCC PLUS certification provides a strong external proof of sustainably managed raw materials and value chains for renewable and chemically recycled products. This truly sustainable packaging value chain brings customers and brand owners closer to their sustainability goals.

More and more companies in the self-adhesive label industry have made the commitment to transform the industry toward a circular economy, and UPM Raflatac has been a frontrunner in this charge. The company’s factories in Tampere, Finland; Nowa Wies, Poland; and Mills River, North Carolina, USA; as well as its distribution terminals with ISCC PLUS certification ensure that the whole supply chain is operating according to ISCC PLUS guidelines.

“From the beginning, it has been important to us that new raw materials we introduce to the market are coming from sustainable sources via a verifiable and transparent value chain. Hence it was clear that our Forest Film and PP C-PCR label materials must be externally verified. As ISCC Plus is a globally recognized high-quality certification scheme for biobased and circular plastic, it is an excellent choice for us to continue our journey,” says Oona Koski, Sustainability Manager at UPM Raflatac.

UPM Raflatac

UPM Raflatac is leading in sustainable labeling through our innovative self-adhesive label materials and services. We offer high-quality paper and film label stock for branding and promotion, informational labels, and labels with functionality. We operate a global network of factories, distribution terminals and sales offices. Our company employees around 3,000 people and made sales of EUR 1.6 billion (USD 1.8 billion) in 2019. UPM Raflatac is part of UPM.

UPM

We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. We employ around 19,100 people worldwide and our annual sales are approximately EUR 10 billion. Our shares are listed on NASDAQ OMX Helsinki. UPM Biofore – Beyond fossils.

BROOKHAVEN, MS, June 9, 2020 (Local News) -Georgia-Pacific’s containerboard mill in Monticello has again been awarded a Conservation Certification from the Wildlife Habitat Council, an international organization that works with industrial sites to promote wildlife habitats.

GP Monticello was re-certified based on two annual projects, the Catch-A-Dream Foundation hunt and a project to monitor wildlife on the mill’s property.

Daily Leader - GP Monticello recognized for conservation efforts

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Georgia-Pacific containerboard mill in Mississippi recognized for conservation efforts

Posted in: Environment 06/09/2020 - 15:33

BROOKHAVEN, MS, June 9, 2020 (Local News) -Georgia-Pacific’s containerboard mill in Monticello has again been awarded a Conservation Certification from the Wildlife Habitat Council, an international organization that works with industrial sites to promote wildlife habitats.

GP Monticello was re-certified based on two annual projects, the Catch-A-Dream Foundation hunt and a project to monitor wildlife on the mill’s property.

Daily Leader - GP Monticello recognized for conservation efforts

Fastmarkets RISI is not responsible for the reliability or availability of content on external websites.

ISTRANA, Italy, May 29, 2020 (Press Release) -With reference to the administrative procedure concerning the new project of the Mantua plant of Cartiere Villa Lagarina S.p.A., which includes the withdrawal of the incinerator and the authorization to double the production, the Pro-Gest S.p.A. (“Pro-Gest”) informs of the following.

After our press release of May 22, 2020 regarding the conclusion of the works of the Conferenza dei Servizi, Pro-Gest announces that today it has been issued the final executive order of the Province of Mantua, as expected.

The procedure regarding the Valutazione di Impatto Ambientale (V.I.A.), the Autorizzazione Integrata Ambientale (A.I.A.) and all the qualifications necessary for the construction and the operation of the plant is now concluded definitively.

The Company is engaged in interventions and completion works and is planning the start of production soon.

Pro-Gest receives all authorizations for new Cartiere Villa Lagarina plant in Mantua, Italy

Posted in: Environment 06/03/2020 - 03:01

ISTRANA, Italy, May 29, 2020 (Press Release) -With reference to the administrative procedure concerning the new project of the Mantua plant of Cartiere Villa Lagarina S.p.A., which includes the withdrawal of the incinerator and the authorization to double the production, the Pro-Gest S.p.A. (“Pro-Gest”) informs of the following.

After our press release of May 22, 2020 regarding the conclusion of the works of the Conferenza dei Servizi, Pro-Gest announces that today it has been issued the final executive order of the Province of Mantua, as expected.

The procedure regarding the Valutazione di Impatto Ambientale (V.I.A.), the Autorizzazione Integrata Ambientale (A.I.A.) and all the qualifications necessary for the construction and the operation of the plant is now concluded definitively.

The Company is engaged in interventions and completion works and is planning the start of production soon.

FORT MILL, SC, May 28, 2020 (Press Release) -Our Plymouth Mill has taken another step toward a more sustainable future thanks to the success of a recent resource conservation project. Just one year after the installation of a cooling tower and new heat exchangers, the mill’s closed-loop system for heating process water has exceeded expectations by dramatically reducing daily water consumption and fuel costs.

Lower Daily Water Consumption

Last May, the team installed a cooling tower and two large heat exchangers to reclaim waste heat from the mill and use it to reduce steam consumption. While the resource conservation project was originally expected to eliminate the use of about 11 million gallons of river water per day, Operations Manager David Council says the system is performing better than expected, saving approximately 18 million gallons of water per day.

Before the team installed the new equipment, the mill used water from the nearby Roanoke River to cool mill processes. The mill returned the water to the river in the same condition, only slightly warmer.

With the addition of the cooling tower and heat exchangers, the mill now has a closed-loop system that reclaims heat from the mill’s evaporation equipment and transfers it to process water. The reclaimed heat reduces the mill’s steam load, which means it burns less fuel in the boilers to make steam.

“Our water use reductions are exceeding our expectations thanks to the new cooling tower and heat exchangers,” Council says of the resource conservation project. “We are more than achieving our goal, and our water use is now among the lowest of Domtar’s mills.”

More Efficient Heating

Council says the resource conservation project is also exceeding the mill’s expectations with regard to heating process water. Before installing the new heat exchangers, the team expected the system to heat water to 85 degrees Fahrenheit. Instead, Council says the heat exchangers are warming it to 97 degrees, and they are confident they can reach 100 degrees soon.

Why is this so important? Many processes across the mill operate at temperatures at or above 140 degrees. Before the new closed-loop system was operating, the mill burned fuels like biomass or natural gas to make steam that was used to heat the river water to process temperatures. The colder the river water, the more fuel required to reach process temperatures.

“In the winter, the river water can be as cold as 45 degrees,” Council says. “It takes a lot of heat to bring it up to temperature. Today, the heat exchangers use waste heat from the mill to achieve a portion of this heating requirement, reducing the need for inefficient and costly heat sources.”

A More Sustainable Future

Plymouth Mill Manager Everick Spence says the resource conservation project is creating efficiencies that will ensure the Plymouth Mill has a strong and sustainable future.

“This resource conservation project has played an important role in helping achieve our strategic vision of becoming a highly efficient mill,” he says. “I look forward to continuing to realize and build on these benefits to ensure our mill continues to be a great place to work for many years to come.”

Domtar's resource conservation project exceeds expectations at its mill in Plymouth, NC

Posted in: Mills 05/29/2020 - 12:13

FORT MILL, SC, May 28, 2020 (Press Release) -Our Plymouth Mill has taken another step toward a more sustainable future thanks to the success of a recent resource conservation project. Just one year after the installation of a cooling tower and new heat exchangers, the mill’s closed-loop system for heating process water has exceeded expectations by dramatically reducing daily water consumption and fuel costs.

Lower Daily Water Consumption

Last May, the team installed a cooling tower and two large heat exchangers to reclaim waste heat from the mill and use it to reduce steam consumption. While the resource conservation project was originally expected to eliminate the use of about 11 million gallons of river water per day, Operations Manager David Council says the system is performing better than expected, saving approximately 18 million gallons of water per day.

Before the team installed the new equipment, the mill used water from the nearby Roanoke River to cool mill processes. The mill returned the water to the river in the same condition, only slightly warmer.

With the addition of the cooling tower and heat exchangers, the mill now has a closed-loop system that reclaims heat from the mill’s evaporation equipment and transfers it to process water. The reclaimed heat reduces the mill’s steam load, which means it burns less fuel in the boilers to make steam.

“Our water use reductions are exceeding our expectations thanks to the new cooling tower and heat exchangers,” Council says of the resource conservation project. “We are more than achieving our goal, and our water use is now among the lowest of Domtar’s mills.”

More Efficient Heating

Council says the resource conservation project is also exceeding the mill’s expectations with regard to heating process water. Before installing the new heat exchangers, the team expected the system to heat water to 85 degrees Fahrenheit. Instead, Council says the heat exchangers are warming it to 97 degrees, and they are confident they can reach 100 degrees soon.

Why is this so important? Many processes across the mill operate at temperatures at or above 140 degrees. Before the new closed-loop system was operating, the mill burned fuels like biomass or natural gas to make steam that was used to heat the river water to process temperatures. The colder the river water, the more fuel required to reach process temperatures.

“In the winter, the river water can be as cold as 45 degrees,” Council says. “It takes a lot of heat to bring it up to temperature. Today, the heat exchangers use waste heat from the mill to achieve a portion of this heating requirement, reducing the need for inefficient and costly heat sources.”

A More Sustainable Future

Plymouth Mill Manager Everick Spence says the resource conservation project is creating efficiencies that will ensure the Plymouth Mill has a strong and sustainable future.

“This resource conservation project has played an important role in helping achieve our strategic vision of becoming a highly efficient mill,” he says. “I look forward to continuing to realize and build on these benefits to ensure our mill continues to be a great place to work for many years to come.”

SHANGHAI, China, May 25, 2020 (Press Release) -Sateri has successfully commenced production of Lyocell fibre in Rizhao, Shandong, China. In collaboration with Asia Symbol, China’s leading producer of pulp and packaging board, the newly installed 20,000 ton per annum production line will broaden Sateri’s portfolio of high quality fibre products, and bolster Lyocell supply to the textile and non-woven markets.

Industry associations such as the China National Textile and Apparel Council (CNTAC) welcome the news. Duan Xiaoping, Deputy President of CNTAC and President of the China Chemical Fibers Association (CCFA), said, “Lyocell is not only a higher value product but also an eco-friendly fibre that is bio-based and minimises chemical use and emissions. Sateri’s investment in Lyocell is very much aligned with the aim for technical and product upgrading for China’s textile industry.”

A natural and biodegradable fibre, Sateri’s Lyocell is made from wood pulp sourced from sustainable plantations. It is manufactured using closed-loop technology, requiring minimal chemical input during the production process, and utilising an organic solvent that can be almost fully recovered and recycled. Lyocell is used to produce high quality textiles and personal hygiene materials. Textiles made from Lyocell possess high tenacity and bright lustre, and share similar qualities with textiles made from viscose – soft and silky with good drape, breathability, and absorption.

Allen Zhang, President of Sateri, said, “The in-house development of Lyocell is part of Sateri’s pursuit of innovation. We have worked intensively on developing this in recent years. While we may be the world’s largest viscose producer, we are not wedded to any single technology or process for fibre production. We are steadfast in our commitment to innovation and continuous improvement even in the face of global health and economic challenges currently confronting us.”

Sateri is part of the RGE group of companies which has committed to investing USD200 million to advance next-generation textile fibre innovation and technology. In March this year, Sateri achieved a breakthrough in commercial production of viscose using recycled textile waste.

About Sateri

Sateri is the world’s largest producer of viscose fibre, a natural and sustainable raw material found in everyday items like textiles, baby wipes and personal hygiene products. Our range of high quality viscose products is independently verified as safe and responsibly produced.

Our five mills in China collectively produce about 1.4 million metric tonnes of viscose fibre yearly. We also operate a yarn spinning mill. Headquartered in Shanghai, where we have a sales, marketing and customer service network covering Asia, Europe and the Americas, Sateri is strategically positioned to serve the China market which is the world’s largest and fastest growing market for viscose fibre.

Sateri is committed to sustainable development. We actively engage communities living around our mills, providing them meaningful employment and social services that meet community needs. Our Sustainability Policy and Sustainable Pulp Sourcing Policy govern our operations, in compliance with national and international environment, health and safety standards.

Sateri starts production of Lyocell fibre in collaboration with Chinese pulp and packaging board producer Asia Symbol in Rizhao, China

Posted in: Chemicals 05/25/2020 - 05:55

SHANGHAI, China, May 25, 2020 (Press Release) -Sateri has successfully commenced production of Lyocell fibre in Rizhao, Shandong, China. In collaboration with Asia Symbol, China’s leading producer of pulp and packaging board, the newly installed 20,000 ton per annum production line will broaden Sateri’s portfolio of high quality fibre products, and bolster Lyocell supply to the textile and non-woven markets.

Industry associations such as the China National Textile and Apparel Council (CNTAC) welcome the news. Duan Xiaoping, Deputy President of CNTAC and President of the China Chemical Fibers Association (CCFA), said, “Lyocell is not only a higher value product but also an eco-friendly fibre that is bio-based and minimises chemical use and emissions. Sateri’s investment in Lyocell is very much aligned with the aim for technical and product upgrading for China’s textile industry.”

A natural and biodegradable fibre, Sateri’s Lyocell is made from wood pulp sourced from sustainable plantations. It is manufactured using closed-loop technology, requiring minimal chemical input during the production process, and utilising an organic solvent that can be almost fully recovered and recycled. Lyocell is used to produce high quality textiles and personal hygiene materials. Textiles made from Lyocell possess high tenacity and bright lustre, and share similar qualities with textiles made from viscose – soft and silky with good drape, breathability, and absorption.

Allen Zhang, President of Sateri, said, “The in-house development of Lyocell is part of Sateri’s pursuit of innovation. We have worked intensively on developing this in recent years. While we may be the world’s largest viscose producer, we are not wedded to any single technology or process for fibre production. We are steadfast in our commitment to innovation and continuous improvement even in the face of global health and economic challenges currently confronting us.”

Sateri is part of the RGE group of companies which has committed to investing USD200 million to advance next-generation textile fibre innovation and technology. In March this year, Sateri achieved a breakthrough in commercial production of viscose using recycled textile waste.

About Sateri

Sateri is the world’s largest producer of viscose fibre, a natural and sustainable raw material found in everyday items like textiles, baby wipes and personal hygiene products. Our range of high quality viscose products is independently verified as safe and responsibly produced.

Our five mills in China collectively produce about 1.4 million metric tonnes of viscose fibre yearly. We also operate a yarn spinning mill. Headquartered in Shanghai, where we have a sales, marketing and customer service network covering Asia, Europe and the Americas, Sateri is strategically positioned to serve the China market which is the world’s largest and fastest growing market for viscose fibre.

Sateri is committed to sustainable development. We actively engage communities living around our mills, providing them meaningful employment and social services that meet community needs. Our Sustainability Policy and Sustainable Pulp Sourcing Policy govern our operations, in compliance with national and international environment, health and safety standards.

Construction work at Belgrade’s Vinča landfill in full swing
Project successfully reaches financial close for a €290 million loan facility

The Belgrade waste-to-energy project in Vinča, which will provide the 1.7 million inhabitants of the Serbian capital with a modern waste management system, has reached financial close. As all the conditions of the financing agreement have now been fulfilled, lenders are starting loan disbursements to support the timely implementation of the project.

The new facility will replace Europe’s largest unmanaged landfill, located just 15 kilometres from the centre of Belgrade and holding more than 10 million tonnes of waste after more than four decades of operation. The site will be fully remediated with a new sanitary landfill, a waste-to-energy plant and a modern facility to process construction and demolition waste.

This landmark €370 million project is one of the largest public-private partnerships (PPPs) in Serbia to date and brings private funding and expertise to a public sector project. A total of €290 million in debt is provided by a pool of lenders.

The European Bank for Reconstruction and Development (EBRD) is contributing a €128.25 million syndicated loan, including a loan of €72.25 million for its own account, a loan of €35 million provided by Erste Group Bank AG under the A/B loan structure, and €21 million in concessional finance from the Green Energy Special Fund.

Construction of the new facilities started in October 2019 and continued throughout the recent public health measures in Serbia. The private investors – SUEZ (France), ITOCHU Corporation (Japan) and the European fund Marguerite – made sure that project implementation continued despite the challenges posed by the Covid-19-related restrictions, and all preconditions for financial close have been met successfully.

Zsuzsanna Hargitai, EBRD Regional Director, Western Balkans and Head of Serbia, said: “Serbia has responded quickly and decisively to the pandemic and we are heartened that the country is now re-emerging with the same determination and will to succeed. Continuing the work at the Vinča landfill demonstrates the joint priority of the public and private partners and their lenders such as the EBRD to create a clean and healthy environment. The EBRD stands united with other financiers to bring the Vinča project to its successful completion and start of operations as planned. The EBRD is also pleased to support the project implementation by extending technical assistance to the city of Belgrade for the establishment of a PPP monitoring unit and its capacity-building.”

The new landfill will be EU-compliant, with modern waste-management and treatment technology. Replacing the existing landfill will also address a major environmental and health risk, including the pollution of the nearby river Danube.

The 103 MW waste-to-energy facility will contribute to reducing greenhouse gas emissions and the dependence of Belgrade on fossil fuels. It will have capacity for a volume of approximately 340,000 tonnes per year of household waste, while the construction and demolition waste facility will treat 200,000 tonnes per year.

The new sanitary landfill, with a capacity of 170,000 tonnes per year, will be finalised by the end of 2020, while project completion and full commercial operations are expected in 2022.

Susan Goeransson, EBRD Director, Infrastructure, Europe, added: “This is a milestone project which will change people’s lives in Serbia. It will address pressing environmental challenges as well as introducing a new dimension in generating energy. It demonstrates the EBRD’s commitment to vital infrastructure development, which today is more pressing than ever.”

The EBRD financing is part of a wider package including the International Finance Corporation (IFC) and the Austrian development bank Oesterreichische Entwicklungsbank (OeEB), with loans of up to €72.25 million and €35 million, respectively.

The total investment is mobilised by Beo Čista Energija Ltd., a special-purpose vehicle formed by the global utility company SUEZ, the Japanese conglomerate ITOCHU and Marguerite, a pan-European equity fund investing in renewables, energy and transport. Beo Čista Energija entered a 25-year PPP with the city of Belgrade in 2017 for the first large-scale environmental infrastructure PPP investment in the Western Balkans region.

The EBRD is a leading institutional investor in Serbia. The Bank has invested more than €5.9 billion across 264 projects in the country to date. The EBRD is focusing on supporting private-sector development, improvement of public utility services and on the overall transition towards a green economy.

The Bank also has extensive experience in public-private partnership projects and, for example, has also provided financing for the Belgrade Nikola Tesla Airport concession led by Vinci of France.

EBRD provides Euro 128.25 million syndicated loan for waste-to-energy project in Belgrade,Serbia

Posted in: Bio-Insight 05/25/2020 - 03:52

Construction work at Belgrade’s Vinča landfill in full swing
Project successfully reaches financial close for a €290 million loan facility