Brazil's Leading Paper Manufacturer to Build New Pulp Terminal

SEATTLE (Scrap Monster): Klabin- Brazil’s largest paper manufacturer and exporter announced that it has started construction of its new pulp terminal at the Port of Paranagua in Brazil. The terminal will further streamline its pulp and pulp byproduct operations.

The construction phase is expected to create around 180 new jobs. Upon full operations, it will create additional 170 direct and indirect jobs. In addition to creation of jobs, the investment in the state’s port infrastructure will generate substantial income for the coastal region, noted Luiz Fernando Garcia, CEO of the state-owned port company.

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Klabin plans investment of around $130 million over the next year. The investment covers acquisition of equipment and operational systems. Also, construction of a two-kilometer rail branch and a 22,000 square metre warehouse are also part of the investment. The company has also signed a 25-year concession contract, with provision to renew it for additional 45 years.

The company expects to move 1.4 million tons through the port during its first year of operations. The second phase of expansion in 2023 will lift this to 2.2 million tons per year.

In addition, Klabin announced $8 million investment in its Monte Alegre unit in Brazil. The proposed investment will modernize a coating machine at the plant and boost its capacity to 60,000 tons per year.