The Brazilian Development Bank (BNDES) approved financing for Fibria-MS Celulose Sul Mato-Grossense, in the amount of R$ 2.3 billion ($636 million) to implement a new production line for whitened eucalyptus pulp,with a nominal capacity of 1,750 tons/year.
The project includes acquiring wagons,
locomotives as well as nationally-produced machinery and equipment, besides
social investments in areas affected by the company.
With a total investment of R$ 8.7 billion ($2.4 billion), the project aims to
expand the production capacity of the industrial plant at Três Lagoas by more
than 135% and the company by close to 33%.
This is the second credit operation the BNDES has approved within the scope of
the Incentive Program for the Fixed-income Market.
The new production line should be operational in the last quarter of 2017,
creating 800 new jobs in areas such as support, industry and forest activities.
During construction, works will generate close to 40,000 direct and indirect
jobs, as well as 890,000 hours in training for skilled professionals.
With one of the lowest production costs in the world, investments will provide
the most modern technology available in the market to produce pulp and will be
self-sufficient in electric energy, with the capacity to generate more than it
actually uses.
Transport logistics for pulp after the expansion will involve three different areas
working together (highways, railways, and ports), to make it possible to
transport the pulp form the plant to the end customer via the Port of Santos,
from where the product will be exported.
Fibria-MS Celulose Sul-Mato-Grossense is a subsidiary of Fibria Celulose S.A,
the world’s largest producer of whitened eucalyptus pulp.
