Eldorado starts construction of Pulp production line

The Eldorado Brazil Pulp said it is initiating the process of building a new production line with a capacity of 2 million tons of raw material per year and an investment of 8 billion reais in Três Lagoas (MS), in what will be the biggest industrial complex of short-fiber pulp in the world.
The company stated that the start of work of earthwork still occurs in May and that the operation of the new plant must commence in the first half of 2018.
"The prediction of industrial investment in the new production line is about 8 billion reais, with 70 percent of financing lines and 30 percent of equity. The capital structure will be defined and passed along to 2015, "said the Eldorado, in a statement.