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Mitsui Chemicals China subsidiary first to get China Environmental Assessment Loan

Mitsui Chemicals China subsidiary first to get China Environmental Assessment Loan, Tianjin Cosmo Polyurethane Co Ltd, Mitsui Chemicals, SKC Polyurethanes Inc, Sumitomo Mitsui Banking Corporation (China) Limited
CHINA -
Tianjin Cosmo Polyurethane Co Ltd (TCPC), a Chinese 50:50 joint venture of Mitsui Chemicals and SKC Polyurethanes Inc, has received a “Platinum” ranking from SMBC China and became the first company to receive the newly launched SMBC China Environmental Assessment Loan of the Sumitomo Mitsui Banking Corporation (China) Limited, a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation.

The new SMBC China Environment Assessment Loan, which supports environmental-friendly activities of companies in China, was jointly developed by SMBCCN and Ernst & Young China. Financing services are provided with reference to assessment results of a customer’s Environmental Management System, which is conducted in accordance to criteria complying with environmental regulations in China.

TCPC, under an integrated environmental management system, received a “Platinum” ranking as a company that proactively implements environment and sustainability (“E&S”) initiatives derived from evaluated E&S opportunities/risks, in alignment to the corporate vision/mission statement.

 

 

Mitsui Chemicals China subsidiary first to get China Environmental Assessment Loan, Tianjin Cosmo Polyurethane Co Ltd, Mitsui Chemicals, SKC Polyurethanes Inc, Sumitomo Mitsui Banking Corporation (China) LimitedDownload your Complementary Copy 
 
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