Deal #10503

Brazil
Created at
2024-08-05
Last update
2024-08-09
Last full update
2024-08-09

Land area

Size under contract (leased or purchased area)
  • [2019, current] 41702.52 ha
Comment on land area
The data provided by the National Rural Registry System (SNCR) does not indicate the amount of area designated for the production of the enterprise. According to the Brazilian Forest Code (2012), an area must be designated as a legal reserve.

Intention of investment

Intention of investment
  • [current] Timber plantation for wood and fiber
Comment on intention of investment
Pulp Production

Nature of the deal

Nature of the deal
Outright purchase
Comment on nature of the deal
The amount of hectares described above was obtained from the National Rural Registry System (SNCR), which is managed by the National Institute for Colonization and Agrarian Reform (INCRA), meaning it corresponds to the area controlled by the company through purchase. There are two issues that need to be highlighted: The data from the National Rural Registry System (SNCR) are official; however, the methodology for obtaining this data is based on self-declaration. State oversight is not common. There are reports that the company also leases land. It is not possible to determine the amount of leased land.

Negotiation status

Negotiation status
  • [2009] Concluded (Contract signed)
  • [2019] Concluded (Change of ownership)
  • [2019, current] Concluded (Contract signed)
Comment on negotiation status
The company was founded in 1967 in Aracruz during a period of "occupation" of the state of Espírito Santo, driven by the federal government as part of the national development plans. In 2009, Aracruz was acquired by the Votorantim Group, creating the company Fibria, and in 2019, Fibria was acquired by Suzano Papel e Celulose S.A. Suzano Papel e Celulose S.A.'s expansion is continuous, meaning new lands are added to its portfolio each year.

Implementation status

Implementation status
  • [current] In operation (production)
Comment on implementation status
The factory in Aracruz was inaugurated in 2004. In 2023, the construction of a new facility in the same municipality was announced. The new factory is expected to start operations in the first half of 2026 and will be dedicated to tissue paper production.