World Bank mission to mull credit to Baikal pulp mill
Wednesday, May 22, 2002
ITAR-TASS By Vladimir Khodiy
Irkutsk -- A World Bank mission, led by Julian Schweizer, permanent representative of the IBRD in Moscow and director of programmes for Russia, arrives here on Wednesday to consider the question of granting a credit to the Baikal pulp-and-paper mill for restructuring production, an Irkutsk Region administration official has told Itar-Tass.
An expert group of the World Bank is already staying in Baikalsk. The economists, ecologists, and other specialists, who arrived there on Tuesday, have set about studying the state of affairs at the mill and its preparedness to utilize resources to create a closed cycle of water circulation, which is the first phase of production restructuring at the mill.
Federal authorities are known to have upheld the mill management's application for a World Bank credit of $22-23 million for the start of work to stop the discharge of industrial effluents, which contain sulphates, chlorides, and other harmful substances, into Lake Baikal, to purify air discharges, and recultivate "dry "waste dumps which have piled op over the 35 years of the mill's operation.
The implementation of this phase of work is intended for the period ending in 2005. This is to be followed by the termination of pulp bleaching and subsequently by a changeover to the manufacture of paper, cardboard, and other products exclusively from raw materials brought from another place.