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Aracruz Celulose to invest in its Guaíba unit

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Published in issue 39/2004
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Aracruz Celulose S.A. is to invest a total of around US$50m (approximately R$150m) in its company unit Aracruz Guaíba by March 2006. The company stated that it intends to invest around US$33m (R$100m) in updating the Guaíba pulp mill. A further $17m (R$50m) is earmarked for the forestry division. The investments are ...

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