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Sat, Aug 24, 2019 01:12
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Klabin to spend $2.3 billion in expansion

SAO PAULO (From news reports) -- Klabin SA said on Tuesday that its board approved a 9.1 billion-real ($2.3 billion) containerboard expansion project.

Klabin expects to build the Puma II project in the southern state of Parana between this year and 2023. Klabin will build two new paper machines, with production of integrated pulp, in the same industrial unit in the city of Ortigueira.

In a securities filing, Klabin said most of the investment will be funded by its cash flow, but the project may also require debt.

********** has taken off like a rocket! Over fifty jobs are posted, in many interesting categories. These jobs are in at least ten different US states. [06.19.19]


Employers are on board with There are nearly thirty employers located in fifteen different US states and two other countries. [06.19.19]

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