Ipackchem’s investment is financed by CIB Bank
Ipackchem Kft. chose us to finance its investment with a total cost of more than 3 million euros. The purpose of the investment is to expand capacity, purchase new production machines and peripherals, and improve energy efficiency – which is in line with our bank's ESG aspirations.
During its 35 years in the marketplace, Ipackchem has become an international leader in the design and manufacturing of innovative, high-performance rigid plastic barrier packaging with uncompromising quality and service. Ipackchem produces Sustainable, Secure & Safe UN-certified packaging solutions technology for the transport of life enhancing chemicals for various markets such as crop protection and nutrition, flavors and fragrances, animal health, laboratory and medical. Beyond Europe, the group has dynamically developed in recent years, and among others is present in Brazil, South Africa, India, China as well as in the USA.
The company chose CIB as main bank at its foundation in 2007, and since then we have been its loyal partner and financier with working capital and investment loans, and we also provide it with a treasury limit.