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Located in Ortigueira, Paraná, Klabin will allocate more investments to the Puma II project. The total investment will reach R$ 12.9 billion, with expectations of generating many jobs
Klabin announced yesterday that it will invest over R$ 2.6 billion in the Puma II Project, located in the municipality of Ortigueira, in the state of Paraná. The Puma II Project is Klabin’s largest investment, which will include two paper machines, with the first machine (with a capacity of 450,000 tons/year) expected to be delivered later this year. The second paper machine (with a capacity of 470,000 tons/year) is expected to be delivered in 2023. Many job opportunities will be created, both directly and indirectly, when it becomes operational.
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Klabin’s Investments in the State of Paraná
Cristiano Teixeira, CEO of Klabin, says that over the past year, the company conducted a thorough assessment of market trends and conditions to reach a conclusion. The CEO also emphasizes that the packaging paper sector has enormous growth potential and foresees that cardboard will provide even more value to Klabin, reinforcing the company’s integrated, diversified, and flexible business model.
Meanwhile, Carlos Massa Ratinho Junior, Governor of the state of Paraná, says that the state welcomes this news of more investments from Klabin with great enthusiasm, as the company is a major partner of Paraná, generating more than 10,000 jobs directly and indirectly. Ratinho Junior also mentions that, even during a pandemic, Klabin is making investments, which generates more economic development for the region.
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Klabin’s Investments in the Puma Project
The Puma project plant is located in Campos Gerais, in the municipality of Ortigueira, Paraná. The project will receive an investment of R$ 2.6 billion, allocated for the installation of a cardboard machine and no longer for the kraftliner (initially planned).
With this additional investment announced by Klabin in Paraná, the project will total around R$ 12.9 billion, considered the largest investment in Klabin’s history. The kraftliner machine is expected to start in the second half of July this year and the MP28 (second machine) is set to operate in the second quarter of 2023, focusing on serving the cardboard market.
About Klabin’s Puma Project
The Puma I Project in Paraná was designed with the goal of doubling Klabin’s production capacity within three years. The Puma Unit, resulting from the Puma I Project, had a total investment of R$ 8.5 billion allocated for the construction of the factory, which was inaugurated in 2016 and recognized as the largest private enterprise in Paraná until that time.
The unit in Ortigueira, Paraná, is self-sufficient in electricity generation, with a capacity of 270 MW (120 MW are used by Klabin, and the other 150 MW are supplied to the Brazilian electrical system). In comparison, the electricity generated is sufficient to supply a city of 500,000 inhabitants,
The Puma II Project will have two expansion phases until 2023, including the construction of two innovative paper machines (as mentioned above). The project will make Klabin the first company to produce Eukaliner paper in the world. In the project located in Paraná, approximately 9,000 jobs were created during the works, and 1,500 will be generated, both directly and indirectly, when the Puma II unit begins operations.
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