Aracruz
Encyclopedia
Aracruz Celulose S.A. was the major Brazil
ian manufacturer of pulp
and paper
. In 2009 the company merged with VCP
and renamed Fibria
. The new company maintained its headquarters in Sao Paulo.
The company is the world's leading supplier of bleached eucalyptus pulp.
The company has two pulp making plants, one in Aracruz City in Espírito Santo
state and the other at Guaíba
in the state of Rio Grande do Sul
. It also has forestry operations in these states as well as in the states of Bahia
and Minas Gerais
.
The major shareholders control the company's voting shares: the Votorantim
and BNDES
, the Brazilian National Economic and Social Development Bank. ARACRUZ's preferred shares, which constitute over half the company's total outstanding shares, are traded on the São Paulo (Bovespa
), New York and Madrid stock exchanges. These remain the two shareholders of the Fibria
.
The Company was listed on the Stock Exchange of Sao Paulo
, New York
and Madrid
and now as fibers remain only on the Stock Exchange of Sao Paulo and New York.
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
ian manufacturer of pulp
Wood pulp
Pulp is a lignocellulosic fibrous material prepared by chemically or mechanically separating cellulose fibres from wood, fibre crops or waste paper. Wood pulp is the most common raw material in papermaking.-History:...
and paper
Paper
Paper is a thin material mainly used for writing upon, printing upon, drawing or for packaging. It is produced by pressing together moist fibers, typically cellulose pulp derived from wood, rags or grasses, and drying them into flexible sheets....
. In 2009 the company merged with VCP
Votorantim Celulose e Papel
Votorantim Papel e Celulose - VCP was one of the leading pulp and paper sector in Brazil and one of the largest enterprises of the Votorantim Group, which stands out among the major business conglomerates in Latin America...
and renamed Fibria
Fibria
Fibria Celulose is a Brazilian pulp and paper company created by a merger between Aracruz and VCP, born positioned as a global leader in pulp, with production capacity exceeding 6 million tons of pulp and paper produced in 7 factories distributed in 5 Brazilian states. Much of this production is...
. The new company maintained its headquarters in Sao Paulo.
The company is the world's leading supplier of bleached eucalyptus pulp.
The company has two pulp making plants, one in Aracruz City in Espírito Santo
Espírito Santo
Espírito Santo is one of the states of southeastern Brazil, often referred to by the abbreviation "ES". Its capital is Vitória and the largest city is Vila Velha. The name of the state means literally "holy spirit" after the Holy Ghost of Christianity...
state and the other at Guaíba
Guaíba
Guaíba is a Brazilian city that lies on the opposite side of the Guaíba River from Porto Alegre in Rio Grande do Sul state. It is a small and calm industrial town with a large cellulose and elevator factory....
in the state of Rio Grande do Sul
Rio Grande do Sul
Rio Grande do Sul is the southernmost state in Brazil, and the state with the fifth highest Human Development Index in the country. In this state is located the southernmost city in the country, Chuí, on the border with Uruguay. In the region of Bento Gonçalves and Caxias do Sul, the largest wine...
. It also has forestry operations in these states as well as in the states of Bahia
Bahia
Bahia is one of the 26 states of Brazil, and is located in the northeastern part of the country on the Atlantic coast. It is the fourth most populous Brazilian state after São Paulo, Minas Gerais and Rio de Janeiro, and the fifth-largest in size...
and Minas Gerais
Minas Gerais
Minas Gerais is one of the 26 states of Brazil, of which it is the second most populous, the third richest, and the fourth largest in area. Minas Gerais is the Brazilian state with the largest number of Presidents of Brazil, the current one, Dilma Rousseff, being one of them. The capital is the...
.
The major shareholders control the company's voting shares: the Votorantim
Votorantim
Votorantim is a city located at the southwest of São Paulo State in Brazil with an estimated population of 107,157 as of 2006. The city is located about 100 km away from the capital of the state. It has 147 km² of rural area, 30 km² of urban area and a total area of 177 km².-Geography:It is located...
and BNDES
BNDES
The Brazilian Development Bank is a federal public company associated with the Ministry of Development, Industry and Foreign Trade. Its goal is to provide long-term financing for endeavors that contribute to the country's development...
, the Brazilian National Economic and Social Development Bank. ARACRUZ's preferred shares, which constitute over half the company's total outstanding shares, are traded on the São Paulo (Bovespa
Bovespa
The BM&FBOVESPA is a stock exchange located at São Paulo, Brazil. As of December 31, 2010 it had a market capitalization of US $1.54 Trillion, making it one of the largest in the world. On May 8, 2008, the São Paulo Stock Exchange and the Brazilian Mercantile and Futures Exchange merged,...
), New York and Madrid stock exchanges. These remain the two shareholders of the Fibria
Fibria
Fibria Celulose is a Brazilian pulp and paper company created by a merger between Aracruz and VCP, born positioned as a global leader in pulp, with production capacity exceeding 6 million tons of pulp and paper produced in 7 factories distributed in 5 Brazilian states. Much of this production is...
.
The Company was listed on the Stock Exchange of Sao Paulo
São Paulo
São Paulo is the largest city in Brazil, the largest city in the southern hemisphere and South America, and the world's seventh largest city by population. The metropolis is anchor to the São Paulo metropolitan area, ranked as the second-most populous metropolitan area in the Americas and among...
, New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
and Madrid
Madrid
Madrid is the capital and largest city of Spain. The population of the city is roughly 3.3 million and the entire population of the Madrid metropolitan area is calculated to be 6.271 million. It is the third largest city in the European Union, after London and Berlin, and its metropolitan...
and now as fibers remain only on the Stock Exchange of Sao Paulo and New York.