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Pulp producer Eldorado Brasil arranges financing of 108M Chinese yuan, about R$75M Brazilian reais, with Bocom BBM bank for its export activities; transaction in Chinese currency is unprecedented among the companies, aims to mitigate exchange rate risk
Published: April 29, 2024 by CE Noticias Financieras
Paper Excellence hires Brazil's former National Secretary of Justice, Augusto de Arruda Botelho, to act in the protracted billion-dollar legal dispute with J&F Investimentos over control of Eldorado Celulose; he held the position until February this year
Published: April 03, 2024 by CE Noticias Financieras (Latin America)
J&F, Paper Excellence dispute over Eldorado Celulose in Brazil has become web of parallel legal actions that has driven the parties to exasperation; Paper Excellence says J&F is using misinformation, stall tactics, and J&F says PE refuses to reach a deal
Published: April 01, 2024 by CE Noticias Financieras (Latin America)
Brazil's forest-based industry has announced investments of more than R$67B until 2028, mostly directed to pulp, paper projects; growth in global pulp demand, domestic consumption of packaging, tissue paper to drive forest planting, new installed capacity
Published: March 26, 2024 by Valor International (Brazil)
Incra denies Paper Excellence's appeal in Eldorado dispute with J&F; federal agency ruled in December that Paper Excellence's acquisition of Eldorado presumed foreign ownership of land, leasing of rural properties, which requires approval from Congress
Published: February 23, 2024 by CE Noticias Financieras (Latin America)

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