Deal #10507
Brazil
Created at
2024-08-06
Last update
2024-08-15
Last full update
2024-08-15
Land area
Size under contract (leased or purchased area)
- [2022, current] 2622.08 ha
Comment on land area
Inocência: Fazenda Almar - 1,811.53 hectares.
Água Clara: Fazenda Paraiso - 810,55 hectares.
Arauco announced the construction of the processing plant in Inocência in 2022.
Intention of investment
Intention of investment
- [2022, current] Timber plantation for wood and fiber
Nature of the deal
Nature of the deal
Outright purchase
Comment on nature of the deal
News reports indicated that the company requires 380,000 hectares, which will need to be accessed through leasing and contract farming. The amount of 2,622.08 hectares corresponds only to what the company has reported to the National Rural Registration System (SNCR).
Negotiation status
Negotiation status
- [2022] Intended (Under negotiation)
- [2024, current] Concluded (Contract signed)
Comment on negotiation status
The company announced the investment in 2022, and in May 2024, the state government of Mato Grosso do Sul approved the installation license. Construction for the factory has already begun.