Project number : 35042 Status : Pend FAP Region : East Asia and the Pacific Country : China Sector : M-FC - Wood Panels and Engineered Wood Products Department : Reg Manufact, Agri & Services, ASIA Project Description The proposed project will provide the Fenglin Group Corporation ( Fenglin , the Group or the Company ) with a loan for working capital and CAPEX for the Company s recently built fiberboard plants. The Company is headquartered in Nanning, Guangxi Autonomous Province. The Company operates four medium density fiberboard (MDF) plants in Guangxi and one particle board plant (PB) in Huizhou, Guangdong. Wood-based panels manufactured from residual wood fiber from plywood and lumber mills and low value forest thinnings (e.g. thinnings, branches, side cuts, sawdust). Although the Group manages about 15,000 hectares of timberland in Guangxi, wood supply costs mean that it rarely, if ever, uses its own round wood for panel feedstock.
Project completion date : 2015-12-31 12:00:00
Major organization : GUANGXI FENGLIN
Address : China
Financier : International Finance Corporation (IFC),
Financier address : INTERNATIONAL FINANCE CORPORATION 2121 Pennsylvania Avenue, NW Washington, DC 20433 United States Tel: (202) 473-3800 Fax: (202) 974-4384 E-mail: Webmaster