Project Adelca
Location Ecuador, Milagro, Provincia de Guayas
Institution/Company Acería of Ecuador C.A
IDB Financing / Chinese cofinancing Fund. Total amount USD 49 Millon: USD 12 millon from the Chinese cofinancing LAC Fund
Starting year / State Approved on 20/05/2015
Project Overview The project expects to increase steel production in Ecuador through recycling 400,000 tons of scrap metal per year. The project supports the production of products derived from steel (wire rod) by integrating a greater number of small scrap metal recyclers value chain of the company.