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China HaoHua Chemicals Group Corporation (CHC)
The project would be a program of emission reduction and energy efficiency investments in two chemical plants of the Haohua chemical group.
The project will contribute to Climate change mitigation through the efficient use of energy, the development of renewable energy, and the associated avoidance or reduction of green house gas emissions.
Both investments included in the project have been subject to a full EIA process, including public consultation, in line with relevant PRC legislation and EU Directive 97/11 and received a construction permit from the environmental authorities. Both investments are located in already developed industrial sites and will allow for an improvement of the environmental performance of the sites, in particular by reducing CO2 emissions but also reducing SO2, NOx and particulate (dust) emissions.
The Bank will require the promoter to ensure that implementation of the project will be done in compliance with the Bank’s Guide to Procurement.