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J&F announces an investment of R$ 25 billion in Eldorado Brasil and promises to revolutionize the cellulose sector, increasing production capacity and generating 50 thousand new jobs. Read more:
During the Brazil Today seminar held in São Paulo last Monday (22), the J&F Group surprised the business sector with a large-scale announcement: an investment of R$ 25 billion in the Eldorado Brasil line in Três Lagoas, Mato Grosso do Sul.
“This R$ 25 billion project is the construction of a second line. Today, we produce 1.8 million tons of cellulose and, with this project, we will add 2.6 million tons of cellulose,” said Batista.
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Without a mansion, without high investment, and without a traditional classroom, a teacher living in a 22 m² house taught students to build a 9 m² studio apartment with the equivalent of R$10,000.
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Without her own home and pressured by rent, a 25-year-old bought a small 15-meter boat, gradually renovated the interior by herself, transformed the interior with paint, new flooring, a larger bathroom, and started living on the canals, paying much less per month.
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Long before sustainable construction became a trend, China built earthen fortresses with multiple floors, a central courtyard, and the capacity to house up to 800 people living in a community.
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He got tired of renting, bought an old school bus, removed the seats, modified the roof, reinforced everything with steel, and created a two-story mobile home that looks small on the outside but houses two bedrooms inside.
See Details of Eldorado’s Investment
Wesley Batista, representing the J&F Group, enthusiastically shared the details of the venture. He highlighted that in addition to expanding production capacity, the investment will include the construction of a 90-kilometer railway extension, as well as investments in forestry areas and improvements to the factory itself.
According to Batista, this R$ 25 billion investment in the Eldorado line will not only strengthen Eldorado Brasil but also open doors for new job opportunities. It is estimated that around 50 thousand new job openings will be created, including 10 thousand during the construction phase of the new factory and an additional 2 thousand after its completion.
In a scenario where J&F announces an investment of R$ 25 billion in Eldorado, it represents a significant step not only for Eldorado Brasil but also for the entire cellulose and paper industry in the country. This is a testament to the commitment of the J&F Group to sustainable growth and innovation, and a promise of a promising future for all involved.
Learn More About Eldorado Brasil
The Eldorado Brasil is one of the leaders in cellulose and paper production in Brazil. It is known for excelling in its field and for caring for the environment.
It started in 2009 and soon stood out both in Brazil and abroad, being recognized for its efficiency and creativity. Nowadays, it produces an amazing 1.8 million tons of cellulose per year, significantly contributing to the country’s economy and creating jobs in the Três Lagoas area and surrounding regions.
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