Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Exports to Brazil: KfW IPEX-Bank finances European plant engineering

07.08.2014
  • Bilateral loan of EUR 51 million
  • SMEs deliver special equipment for environmentally friendly production
  • Recycling: wood chips processed into various particle board materials

KfW IPEX-Bank is using a loan worth EUR 51m to finance the export of special equipment to South America for the environmentally friendly production of particle boards.

Brazilian-based Berneck S.A. Painéis e Serrados (Berneck) is the borrower and the company ordering the equipment, which is supplied by various small and medium-sized enterprises from Germany and other parts of Europe. The funds come with an export credit guarantee by the German Federal Government (covered by Hermes).

"The Brazilian economy continues to grow, and with it, opportunities for German and European special equipment manufacturers to boost their unit sales", said Markus Scheer, member of the Management Board of KfW IPEX-Bank. "We are financing investments in modern equipment for our long-standing customer Berneck. With the new machines the company will be able to significantly increase its environmentally friendly production." Even the first production facility for particle boards from 2001 can be traced back to financing from KfW.

... more about:
»Exports »KfW »construction »materials »processing

Berneck has been active in the Brazilian wood processing and production market more than 60 years. The family-owned company initially started off as a pure saw mill business and has grown to become the country's second-largest particle board manufacturer.

The export of machines from SMEs currently being financed by KfW IPEX-Bank is now expected to help further expand production at the Curitibanos site in the south of Brazil. This is where Berneck produces various particle board materials, largely using waste from its own saw mills.

Some expect considerable growth potential from the Brazilian furniture market: The Brazilian government has created the state-funded "Minha Casa, Minha Vida, Minha Casa Melhor" housing construction aid programme, especially for the poorer parts of the population. In doing so, it has made loans available at cheaper rates for home financing as well as for outfitting such homes with furniture. As a result, the furniture industry anticipates stronger demand for particle boards, one of the most important basic materials in the segment.

About KfW IPEX-Bank GmbH

Within the KfW Group, KfW IPEX-Bank is responsible for international project and export finance. Its function of providing financing to boost the German and European economy is derived from the legal mandate assigned to KfW. It offers medium- and long-term financing to support key export industries, to develop economic and social infrastructure and to fund environmental and climate protection projects. KfW IPEX-Bank operates as a legally independent group subsidiary and plays a major role in fulfilling KfW's promotional mission. It is represented in the most important economic and financial centres across the globe. To support its business operations in South America, KfW IPEX-Bank has maintained a representative office in São Paulo, Brazil's main economic hub, since 2002.

Contact:

KfW IPEX-Bank GmbH, Palmengartenstraße 5-9, 60325 Frankfurt
Thomas Krick 
E-Mail: thomas.krick@kfw.de
Tel. +49 69 7431-8454, Fax: 069 7431-9409, 
E-Mail: info@kfw-ipex-bank.de, 
Internet: www.kfw-ipex-bank.de 

Thomas Krick | presseportal

Further reports about: Exports KfW construction materials processing

More articles from Business and Finance:

nachricht Mathematical confirmation: Rewiring financial networks reduces systemic risk
22.06.2017 | International Institute for Applied Systems Analysis (IIASA)

nachricht Frugal Innovations: when less is more
19.04.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: The pyrenoid is a carbon-fixing liquid droplet

Plants and algae use the enzyme Rubisco to fix carbon dioxide, removing it from the atmosphere and converting it into biomass. Algae have figured out a way to increase the efficiency of carbon fixation. They gather most of their Rubisco into a ball-shaped microcompartment called the pyrenoid, which they flood with a high local concentration of carbon dioxide. A team of scientists at Princeton University, the Carnegie Institution for Science, Stanford University and the Max Plank Institute of Biochemistry have unravelled the mysteries of how the pyrenoid is assembled. These insights can help to engineer crops that remove more carbon dioxide from the atmosphere while producing more food.

A warming planet

Im Focus: Highly precise wiring in the Cerebral Cortex

Our brains house extremely complex neuronal circuits, whose detailed structures are still largely unknown. This is especially true for the so-called cerebral cortex of mammals, where among other things vision, thoughts or spatial orientation are being computed. Here the rules by which nerve cells are connected to each other are only partly understood. A team of scientists around Moritz Helmstaedter at the Frankfiurt Max Planck Institute for Brain Research and Helene Schmidt (Humboldt University in Berlin) have now discovered a surprisingly precise nerve cell connectivity pattern in the part of the cerebral cortex that is responsible for orienting the individual animal or human in space.

The researchers report online in Nature (Schmidt et al., 2017. Axonal synapse sorting in medial entorhinal cortex, DOI: 10.1038/nature24005) that synapses in...

Im Focus: Tiny lasers from a gallery of whispers

New technique promises tunable laser devices

Whispering gallery mode (WGM) resonators are used to make tiny micro-lasers, sensors, switches, routers and other devices. These tiny structures rely on a...

Im Focus: Ultrafast snapshots of relaxing electrons in solids

Using ultrafast flashes of laser and x-ray radiation, scientists at the Max Planck Institute of Quantum Optics (Garching, Germany) took snapshots of the briefest electron motion inside a solid material to date. The electron motion lasted only 750 billionths of the billionth of a second before it fainted, setting a new record of human capability to capture ultrafast processes inside solids!

When x-rays shine onto solid materials or large molecules, an electron is pushed away from its original place near the nucleus of the atom, leaving a hole...

Im Focus: Quantum Sensors Decipher Magnetic Ordering in a New Semiconducting Material

For the first time, physicists have successfully imaged spiral magnetic ordering in a multiferroic material. These materials are considered highly promising candidates for future data storage media. The researchers were able to prove their findings using unique quantum sensors that were developed at Basel University and that can analyze electromagnetic fields on the nanometer scale. The results – obtained by scientists from the University of Basel’s Department of Physics, the Swiss Nanoscience Institute, the University of Montpellier and several laboratories from University Paris-Saclay – were recently published in the journal Nature.

Multiferroics are materials that simultaneously react to electric and magnetic fields. These two properties are rarely found together, and their combined...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

“Lasers in Composites Symposium” in Aachen – from Science to Application

19.09.2017 | Event News

I-ESA 2018 – Call for Papers

12.09.2017 | Event News

EMBO at Basel Life, a new conference on current and emerging life science research

06.09.2017 | Event News

 
Latest News

Rainbow colors reveal cell history: Uncovering β-cell heterogeneity

22.09.2017 | Life Sciences

Penn first in world to treat patient with new radiation technology

22.09.2017 | Medical Engineering

Calculating quietness

22.09.2017 | Physics and Astronomy

VideoLinks
B2B-VideoLinks
More VideoLinks >>>