Brazil Fibria to invest BRL 100 million ($57 million) in Espirito Santo unit
Moscow. Jan 14, 2010. /Lesprom Network/. Brazilian paper and pulp giant Fibria Celulose SA (FBR) will invest 100 million Brazilian reals ($57 million) in its unit in Espirito Santo state, as Dow Jones informed Lesprom Network.
The investment will be used in the modernization program of its unit, which will take place in the next 16 months.
Fibria was formed last year by a merger of Votorantim Celulose e Papel SA and Aracruz Celulose SA.
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