After the partnership with the government of Minas Gerais in March, Celulose Irani signed a new letter of intent, this time with the government of Santa Catarina. The goal is to expand the manufacturing plant in Vargem Bonita, located in the Midwest of Santa Catarina.
The total investment is estimated to be approximately R$ 600 million, and the project is to be completed in 2019. The investment is be used to expand the productive capacity of the Paper Packaging unit by approximately 135 thousand tons/year. The same is planned for the Corrugated Cardboard Boxes unit, also in Vargem Bonita, which will have an approximate increase of 24 thousand tons/year.
The signing of the document confirms the support of the Government of the State of Santa Caterina in the implementation of the project, besides the recognition of the importance of the project to generate jobs and the industrial, commercial and socioeconomic development of the State.
