Brazil’s forest sector to invest USD 7.84 billion in additional production capacity by 2023
Investments in pulp, soluble cellulose, paper and wood panels - the sector represented by the Brazilian Tree Industry Asociation (Ibá) -are growing. As a result Ibá has updated its investments projection for the planted forest sector, estimating it at USD 7.84 billion (BRL 32.6 billion) for the 2020 and 2023 period. These investments are to be carried out in six states and represent increases of 3.2 million tons in pulp production, 1.9 million tons in soluble cellulose, 1.2 million tons of paper, and an additional 570,000 m3 of MDF and 450 ...
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