Brazil's Paper Producer Klabin Expands Footprint Amid COVID-19

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Researched by Industrial Info Resources (Sugar Land, Texas)--Klabin (Sao Paulo), Brazil's largest producer and exporter of packaging paper, is expanding in the face of COVID-19 and the acceleration of the e-commerce market.

The company recently acquired the corrugated packaging plants in Brazil belonging to International Paper (NYSE:IP) (Memphis, Tennessee), and are now planning to expand the Horizonte Corrugated and Packaging Converting Plant. Inaugurated in 2020, the plant is in a strategic location for the company, both due to its proximity to the Ceara state capital, Fortaleza, and Porto de Pecém.

Industrial Info is tracking 44 projects attributed to Klabin in Brazil, worth US$957.93 million, including 11 plant expansions. Subscribers to Industrial Info's Global Market Intelligence (GMI) Pulp, Paper & Wood Project Database can click here for a full list of detailed project reports.

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