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Paper Excellence Plans to Invest R$ 20 Billion in the Construction of a New Pulp Factory in Mato Grosso do Sul, Aiming to Strengthen Its Position in the Brazilian Market. The Project Promises to Generate Thousands of Jobs and Boost the Local Economy, Highlighting the State as an Industrial Development Hub.
In a move that promises to transform the industrial sector of Mato Grosso do Sul, Paper Excellence, one of the largest producers of paper and pulp in the world, is evaluating the construction of a new pulp factory in the state. The estimated investment is R$ 20 billion, according to sources linked to the negotiation. The expectation is that thousands of jobs will be generated.
Expansion Plans and Billion-Dollar Investment for Factory in Brazil
The news surfaced after a meeting between Indonesian businessman Jackson Wijaya, founder of Paper Excellence, and the governor of Mato Grosso do Sul, Eduardo Riedel.
During the meeting, Wijaya expressed interest in expanding the company’s business in the region, reinforcing the strategic importance of Mato Grosso do Sul for the pulp sector.
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Jackson Wijaya is no stranger to announcing big plans.
In 2023, he had already revealed the intention to invest around US$ 4 billion in a new pulp project in Brazil, with an estimated production capacity of 2.5 million tons annually.
The confirmation of the exact location for this new factory, however, was still under analysis.
Mato Grosso do Sul as a Development Hub
Mato Grosso do Sul emerges as one of the favorites to receive this gigantic investment due to its already established infrastructure in the sector.
The eastern region of the state, known as the “Pulp Valley,” is identified as the ideal location for the new factory.
This area already houses the Três Lagoas factory, where Eldorado Celulose, in which Paper Excellence holds a 49.41% stake, produced 1.78 million tons of pulp in 2023.
Although Mato Grosso do Sul is well positioned, Paper Excellence is also exploring other regions in Brazil for the new factory installation.
Minas Gerais, for example, has been analyzed as a potential candidate, with Pirapora and Grão Mogol in the Jequitinhonha Valley among the possible locations.
In addition, the state of Mato Grosso, specifically the Alto Taquari region, is also being considered.
Economic Impact and Job Creation at the New Factory
The construction of a new pulp factory in Mato Grosso do Sul would not only strengthen the state’s position as a pulp hub.
But it would also generate thousands of direct and indirect jobs, in addition to boosting the local economy.
With an investment of R$ 20 billion, the economic impact would be significant, covering everything from the construction of the plant to its full operation.
Global Production and Expansion of Paper Excellence
Currently, Paper Excellence has six pulp and paper factories in Canada, with an annual production of over 2.5 million tons.
The expansion to Brazil is part of a global growth and diversification strategy, aiming to further consolidate its presence in the international market.
The partnership with J&F Investimentos at Eldorado Celulose highlights Paper Excellence’s commitment to investing in sustainable, long-term projects in Brazil.
The company is committed to promoting sustainable practices in pulp production, ensuring that new investments meet strict environmental standards and contribute to the sustainable development of the region.
Thus, the possible construction of a new pulp factory by Paper Excellence in Mato Grosso do Sul represents a significant milestone for the state’s industrial sector.
With a billion-dollar investment and the creation of thousands of jobs, the project has the potential to transform the local economy and further strengthen Brazil’s position as a global leader in pulp production.
Aparecida do Taboado mato grosso do Sul também seria um bom lugar
Já que faz divisa com estado de são Paulo
E tem a linha ferroviária ferro norte
Aqui em alto Araguaia mt daria muito certo uma fábrica de celulose contém tudo uma fábrica precisa
Se fosse em Alto Taquari seria muito bom, 🙏🙏