From the Newsroom*
São Paulo – Aracruz Celulose began yesterday (12) a plan for modernization of their unit in the city of Guaíba, in the southern Brazilian state of Rio Grande do Sul. State governor Germano Rigotto accompanied the inauguration of the works. The company is going to begin another enterprise in the country, in which they should invest US$ 1.2 billion, and the state is among the candidates that may receive the company.
Expansion of the Guaíba plant is going to make it possible to increase production from 400,000 tons of bleached eucalyptus pulp a year to 430,000 tons. Investment has totalled R$ 150 million (around US$ 66 million), of which R$ 100 million (US$ 44 million) are turned to the industrial process and R$ 50 million (US$ 22 million) to the forestry area. This information was disclosed by a spokesperson for the government of the state of Rio Grande do Sul.
The Guaíba factory has 90% of operations turned to the production of pulp and just 10% to the production of paper. The main buyers of company pulp are in Asian countries like China, Japan and Indonesia.
*Translated by Mark Ament
