date:Dec 19, 2012
Brazilian group JBS-Friboi, a leading global exporter of meat products, has inaugurated an industrial complex for pulp production with an investment of 6.2 billion Reais (approx 3 billion dollars).
The El Dorado Brasil complex located ten miles from Porto Alegre, the capital of Rio Grande do Sul, the southern most state, will have an initial production capacity of 1.5 million tons of pulp annually.
The company expects an annual turnover of 2 billion Reais (some 1 billion dollars) in its fir