Loan for Forestation, Woodchip Manufacturing and Sales Project
Supporting Japanese Companies to Secure Long-term Stable Woodchip Supply
- Area: Latin America and the Caribbean
- Manufacturing and Services
- Energy and Natural Resources
JBIC signed a loan agreement with Amapá Florestal e Celulose S.A. (AMCEL), a Brazilian company capitalized by Japanese companies. This loan provides the necessary funds for AMCEL to plant eucalyptus trees and manufacture and sell woodchips sourced from plantation forests in Brazil. World woodchip supply and demand is expected to tighten over the medium to long term as demand for paper expands with economic growth in emerging market countries, and this loan will help Japanese companies to secure a long-term and stable supply of woodchips from plantation forests.