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Complaint > Pan African Paper-01/Webuye

Eligibility: Assessment Report, October 15, 2008

...windling wood supply and high fuel costs. In May of 1994, IFC led a financial restructuring of the company. Both the restructuring (in 1998) and the final IFC loan (in 1996) were intended to support a Technical Upgrade Program that included the elimination of elemental chlorine bleaching and conversion to chlorine dioxide. According to IFC, by March of 1996 the upgrade program had not been fully completed due to the continued cash flow difficulties. In May 2008, the Government of Kenya pledged t...
IFC Compliance Advisor/Ombudsman - Kenya