Apr 03, 2009. /Lesprom Network/. Votorantim Celulose e Papel S.A. (VCP) have started production at its new pulp mill in the Brazilian federal state of Mato Grosso do Sul situated in the south-east part of the country, as Branschnyheter.se informed Lesprom Network. The new fibre plant, with an annual capacity of 1.3 million t of bleached eucalyptus pulp, initiated operations on March 30, more than one month ahead of schedule. VCP puts the investment volume at. According to VCP, the project called Projeto Horizonte is today the only expanding project within the cellulose business in the world. VCP has invested $1.5 billion in the Projeto Horizonte.