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The project involves the modernisation of existing facilities and the completion of a new glass container production plant. It was screened as B/1, requiring an Environmental Analysis of the proposed development and an Environmental Audit of the existing facilities. Environmental due diligence was conducted, which led to the preparation of an Environmental Action Plan (EAP).
The modernisation which is planned as part of the project will bring operations in line with international industry standards, as applied by the sponsors in Canada. It will result in energy and water-efficient operations and raw material conservation. The project encourages the recycling of glass material as it includes provisions for the collection of broken glass bottles from major towns. In addition, the refurbishing of the basic infrastructure will bring about resource efficiency in terms of industrial and run-off water recycling and the utilisation of waste heat.
The due diligence did not identify any significant environmental liabilities. Some environmental issues were identified which will be addressed, partly by the modernisation programme and partly by the implementation of the EAP, which the company will adopt as part of the requirements of the Bank. Raised issues comprised: overall environmental management; workers' health and safety in relation to ambient air quality, heat and noise levels; housekeeping; hazardous material management and waste management. The EAP includes a series of measures to address the issues identified, most importantly a programme for improvement of housekeeping and plans for the upgrading of hazardous material storage units, for waste management and for environmental monitoring.
The company will be required to designate an environmental manager and to develop an environmental management system. Environmental covenants for this project also include compliance with applicable Ukrainian and EU standards for environment and health and safety, periodic reporting to the Bank on environment and health and safety, in particular on the implementation of the EAP, and immediate notification of any incident or accident with significant material damage or other environmental consequences.
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