Company name
Interpack S.A.
Project number
15931-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S category
B
Country
Argentina
Sector
Manufacturing
Status
Proposed
Disclosed date
05/04/2026
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
06/15/2026
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Corporates Division
Investment type
Syndicated amount
USD $ 20,000,000
Financing amount
USD $ 40,000,000
Currency
USD
Project scope and objective
The proposed transaction consists of a senior secured A/B loan of up to US$60 million to Interpack S.A., a leading packaging Company in Argentina and the main operating entity of Grupo HZ, a regional industrial group. The financing includes a committed tranche of US$40 million, comprised of a US$20 million IDB Invest A loan and a US$20 million B loan, as well as an additional uncommitted tranche of up to US$20 million for potential future investments. The funds will be used to finance capital investments for the development of a corrugated cardboard plant, including civil works and the acquisition of industrial machinery. This will allow for increased production of value-added products, import substitution, and the promotion of local procurement, as well as the creation of formal employment opportunities. In addition, IDB Invest will support Grupo HZ through the implementation of Environmental, Social, and Governance (ESG) action plans, as well as through technical assistance related to renewable energy, climate resilience, and gender inclusion in the workforce.
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Contact information
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Client Contact
PHONE NUMBER
+54-5163-6300
POST OFFICE ADDRESS
Cacique Coliqueo 1041, B1865 El Palomar, Province of Buenos Aires
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For information requests about the project.
Request informationLearn more about how we provide private-sector solutions in the region .
Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
GROUP HZ - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)
256.0 Kb
GROUP HZ - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)
204.8 Kb