SAO PAULO , Sept. 10, 2012 (RISI) -
Brazilian pulp producer Lwarcel Celulose has received an environmental license from São Paulo's Environmental Sanitation Technology office (Cetesb) to expand its bleached eucalyptus kraft (BEK) pulp capacity as well as its forest base. Controlled by Grupo Lwart, the firm intends to build a new 750,000 tonnes/yr BEK pulp line at its current Lencóis Paulista industrial site, located in São Paulo state, where it produces 250,000 tonnes/yr of BEK.
The next step is to work on its project's financing structure as well as its technical details. "We project an investment of Real 2 billion ($980 million) in the industrial site that's why we're evaluating some financial options which might include partnerships," Lwarcel's general director Luis Künzel stated. In the best scenario, the new pulp line will start up by 2016, the executive added.
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