Proteak Uno, S.A.B. de C.V. received a second disbursement under the $10 million credit line signed with the International Finance Corporation (IFC) in July 2012. Funds will be used for the continued expansion of Proteak’s forestry operations in Mexico.

Timberlands

Proteak received second tranche of IFC loan

Oct 21, 2014. /Lesprom Network/. Proteak Uno, S.A.B. de C.V. received a second disbursement under the $10 million credit line signed with the International Finance Corporation (IFC) in July 2012. Funds will be used for the continued expansion of Proteak’s forestry operations in Mexico, as the company said in the press release received by Lesprom Network.

Proteak is the largest forestry-industrial company in Mexico and Central America. With over 18,000 hectares of plantations in Mexico, Costa Rica and Colombia, Proteak exports its products to over 15 destinations in North America, Europe and Asia.