Fibria, a Brazilian company that is the world’s leading producer of eucalyptus pulp from planted forests, informed that the company had advanced in the operational startup of its new mill at Três Lagoas in the state of Mato Grosso do Sul of Brazil. According to the announcement, the company’s second pulp production line goes operational three weeks ahead of schedule, while originally slated for the first half of September 2017.
Marcelo Castelli, CEO of Fibria, commented:
“In this period spanning slightly over two years, we finished the world´s largest single line pulp mill ahead of schedule and bellow budget, which proves the commitment demonstrated by the entire team to increasing productivity, reducing costs and always delivering the best, with safety and respect to people and the environment. The startup of our second plant at Três Lagoas represents the start of a new phase for the company, consolidating our global leadership in the industry.”
Fibria estimated that, from September to 2017 year-end, the new mill in Três Lagoas will produce 377kt of pulp. Production will ramp up gradually to reach the mill’s full capacity of 1.95 Mtpa in 2020.
In 2Q2017 Fibria increased EBITDA margin to 45%.
Earlier Fibria announced an investment into intermodal terminal for pulp shipment in Brazil.
The company is a global leader in eucalyptus pulp production. With an annual pulp production capacity of 5.3 million tons, it has industrial units in the cities of Aracruz (Espírito Santo), Jacareí (São Paulo) and Três Lagoas (Mato Grosso do Sul), and in Eunápolis (Bahia), where it operates the Veracel plant through a joint venture with Stora Enso. Fibria owns a forest area of around 969,000 hectares, distributed across six Brazilian states (São Paulo, Minas Gerais, Rio de Janeiro, Espírito Santo, Bahia and Mato Grosso do Sul), with 568,000 hectares of planted forests, 338,000 hectares of environmental preservation and conservation areas. The pulp manufactured by Fibria is exported to more than 40 countries.