SAO PAULO , March 23, 2012 (RISI) -
Companhia Brasileira de Celulose (Braxcel), controlled by the Brazilian GMR group, on Mar. 22 announced plans to build a 1.5 million tonnes/yr bleached eucalyptus kraft (BEK) pulp mill in the city of Peixes, Tocantins state, midwestern Brazil.
Braxcel estimates an investment of Real 4 billion ($2.2 billion) in the mill, which is scheduled to start up in the fourth quarter of 2018.
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