Brazil

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Brazil pension fund Petros to exit pulpmaker Eldorado

Oct 16, 2017 at 10:45 am by admin

SAO PAULO, Brazil (From news reports) -- Petros Fundacao, the pension fund for employees of state-controlled Petroleo Brasileiro SA , has agreed to sell an 8.53 percent stake.... Read More

Brazil's Funcef to exercise tag-along rights in Eldorado stake sale

Oct 05, 2017 at 10:45 am by admin

SAO PAULO, Brazil (From news reports) -- Brazilian pension fund Funcef decided to exercise tag-along rights and sell its 8.53 percent stake in wood pulpmaker Eldorado Brasil C.... Read More

WestRock to Build New Corrugated Packaging Plant in Brazil

Sep 18, 2017 at 10:15 am by admin

NORCROSS, Ga. -- WestRock Company announced plans to build a new corrugated box plant in the Brazilian state of Sao Paulo to meet growing demand from WestRock's regional custo.... Read More

Chile's Arauco buys rival Masisa's facilities in Brazil in $100 million deal

Sep 11, 2017 at 10:45 am by admin

SANTIAGO (From news reports) -- Chilean forestry company Arauco has reached an agreement to buy two wood panel plants in Brazil from competitor Masisa, in a deal worth $102.8.... Read More

Pöyry manages investor partnership process that results in Spinnova and Fibria joining forces

Aug 31, 2017 at 10:45 am by admin

BRAZIL (News release) -- Fibria, the leading producer of eucalyptus pulp, and Spinnova, a Finnish start-up developing wood to fabrics technology, recently announced that Fibri.... Read More