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 How Strong Brands Translate into Money
15.11.2016 | Kühne Logistics University - Wissenschaftliche Hochschule für Logistik und Unternehmensführung

nachricht Demographic change depresses tax revenues
04.11.2016 | Fraunhofer-Institut für Angewandte Informationstechnik FIT

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: Traffic jam in empty space

New success for Konstanz physicists in studying the quantum vacuum

An important step towards a completely new experimental access to quantum physics has been made at University of Konstanz. The team of scientists headed by...

Im Focus: How gut bacteria can make us ill

HZI researchers decipher infection mechanisms of Yersinia and immune responses of the host

Yersiniae cause severe intestinal infections. Studies using Yersinia pseudotuberculosis as a model organism aim to elucidate the infection mechanisms of these...

Im Focus: Interfacial Superconductivity: Magnetic and superconducting order revealed simultaneously

Researchers from the University of Hamburg in Germany, in collaboration with colleagues from the University of Aarhus in Denmark, have synthesized a new superconducting material by growing a few layers of an antiferromagnetic transition-metal chalcogenide on a bismuth-based topological insulator, both being non-superconducting materials.

While superconductivity and magnetism are generally believed to be mutually exclusive, surprisingly, in this new material, superconducting correlations...

Im Focus: Studying fundamental particles in materials

Laser-driving of semimetals allows creating novel quasiparticle states within condensed matter systems and switching between different states on ultrafast time scales

Studying properties of fundamental particles in condensed matter systems is a promising approach to quantum field theory. Quasiparticles offer the opportunity...

Im Focus: Designing Architecture with Solar Building Envelopes

Among the general public, solar thermal energy is currently associated with dark blue, rectangular collectors on building roofs. Technologies are needed for aesthetically high quality architecture which offer the architect more room for manoeuvre when it comes to low- and plus-energy buildings. With the “ArKol” project, researchers at Fraunhofer ISE together with partners are currently developing two façade collectors for solar thermal energy generation, which permit a high degree of design flexibility: a strip collector for opaque façade sections and a solar thermal blind for transparent sections. The current state of the two developments will be presented at the BAU 2017 trade fair.

As part of the “ArKol – development of architecturally highly integrated façade collectors with heat pipes” project, Fraunhofer ISE together with its partners...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Sustainable Water use in Agriculture in Eastern Europe and Central Asia

19.01.2017 | Event News

12V, 48V, high-voltage – trends in E/E automotive architecture

10.01.2017 | Event News

2nd Conference on Non-Textual Information on 10 and 11 May 2017 in Hannover

09.01.2017 | Event News

 
Latest News

New Study Will Help Find the Best Locations for Thermal Power Stations in Iceland

19.01.2017 | Earth Sciences

Not of Divided Mind

19.01.2017 | Life Sciences

Molecule flash mob

19.01.2017 | Physics and Astronomy

VideoLinks
B2B-VideoLinks
More VideoLinks >>>