Packem closes credit line with Itaú BBA

  • 7 de February de 2022
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To continue bringing innovations to the circular economy concept, Packem closed a credit line of R$80 million with Itaú BBA. Divided into two tranches (when the same contract is broken up into different parts, with different conditions), the operation bears the ESG seal in one of them.

This is because R$ 56 million will be allocated to the purchase of imported equipment that will enable the production of packaging made with 100% recycled and 100% recyclable material, after use in the agricultural, chemical and mineral extraction industries, in addition to civil construction. The other amount, in turn, will be used for working capital.

Soon we will bring more details about this novelty that intends to renew the market.

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