Bericap Kazakhstan

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The operation will support investment in a manufacturing facility producing plastic closures (or lids) for the Central Asian food and beverage container market. Bericap Kazakhstan LLC is a plastic closures (container tops) producer, supplying Kazakhstan and other Central Asian markets from a local manufacturing base. It is part of the larger Bericap Holding Group. USD 2.5 million senior loan. USD 2.5 million. The construction and operation of the new plastic closures manufacturing plant is likely to be associated with limited environmental, health and safety issues, which can be read-ily identified, assessed and mitigated. The facilities will be located in an industrial area. However, the land allocated for the project has never been used for any industrial activi-ties before. There are no known environmentally or archaeologically valuable or sensitive areas in the vicinity of the site. For the above mentioned reasons, the EBRD has classified the project B/0, requiring an Environmental Analysis. The Environmental Analysis was carried out by EBRD En-vironment Department. The investigations showed that the Project will be structured to meet Kazakh environmental, health and safety requirements and EU environmental standards, and that the direct environmental, health and safety impacts during the construction and the operation of the new plastic caps plant would be insignificant and effi-ciently mitigated. Environmental protection measures will be fully incorporated in the project design. None. Serdar Hatipoglu, General Director Bericap Kazakhstan LLP 93d Burundaiskaya street, Turksib rayon Almaty, Republic of Kazakhstan Tel: + 7 3272 340603 Fax: + 7 3272 340631