The Onça Pintada thermoelectric power plant enters into operation, producing clean and renewable energy.
Eldorado Brazil begins construction of a new terminal at the Port of Santos, which will quadruple its static storage capacity to 125,000 tons of pulp. The company is audited and has been recommended for Forest Stewardship Council® FSC®（FSC-C113536) certification for the 10th consecutive year, attesting to its responsible forest management. The company attends the 26th United Nations Climate Conference (COP26), participating in discussions on climate change and the role of industry in halting the process.
In the midst of the Covid-19 pandemic, Eldorado Brazil allocates R$13 million
to the purchase and distribution of basic food baskets, PPE, and tests in various municipalities of Mato Grosso do Sul and São Paulo. The company wins a tender for the STS14 area at the Port of Santos, increasing the terminal’s shipping capacity to 2.5 million tons per year. It also becomes a signatory of the UN Global Compact, committing to the 17 Sustainable Development Goals (SDGs). Works are completed on the Onça Pintada power plant, which will begin producing green energy from eucalyptus biomass in 2021.
Another consecutive record is set, with 1.78 million tons of pulp produced in the year.
The mill’s operational efficiency reaches 96%, a benchmark in the pulp sector. Eldorado Brazil also breaks its sales record, with 1.89 million tons sold. Another highlight is the renewal of the company’s forestry fleet, including the acquisition of 580 new machines and pieces of equipment. Construction work on the Onça Pintada power plant begins.
Eldorado Brasil breaks a new record, producing 1.71 million tons of pulp.
Records are also set in finance, with net revenue of R$4.6 billion, net income of R$816 million, and an EBTIDA margin of 67.4%. The company is rated Ba3 by Moody's and upgraded to BB- by Fitch. In forestry, it records a record harvest of 6.5 million cubic meters of wood. At the end of the year, it obtains a licence for the Onça Pintada power plant.
It is a historic year for Eldorado Brazil, with record production—1.7 million tons of pulp,
14% above nominal capacity—and sales, with 1.721 million tons sold. The company acquires a 170-hectare area in Selvíria, Mato Grosso do Sul, for the Onça Pintada power plant. On top of all this, it has CERFLOR certification from the Brazilian Forestry Certification Program.
Eldorado Brazil achieves the highest EBITDA margin in the sector for the year
thanks to its operational efficiency in industry, forestry, sales, and logistics. In April, the Brazilian Electricity Regulatory Agency (ANEEL) wins the tender for the Onça Pintada thermoelectric power plant—a pioneering initiative that will generate green and renewable energy from the biomass of unusable wood chips, roots, and stumps, with a production capacity of 50 MW/h.
Eldorado Brazil inaugurates its own terminal in the Port of Santos, São Paulo, and
stops harvesting eucalyptus in the state of São Paulo, concentrating its forestry operations in Mato Grosso do Sul. The company’s forest operations are 85% mechanized—a record in the sector. The cornerstone of the Vanguarda 2.0 Project is laid, which aims to expand pulp production in the medium term and establishes the Três Lagoas mill as the world’s largest industrial pulp production complex.
Eldorado Brazil breaks its first operational performance record, producing 1.56 million tons of pulp
—5% above the mill’s nominal capacity. Records will continue to be broken in the coming years. The company receives the license needed to expand its production in the medium term to 4 million tons per year. Eldorado innovates in forestry and is the first company in Brazil to use artificial intelligence in its forest inventory process.
In its first year of operation, Eldorado Brazil’s pulp mill reaches nominal production capacity.
Its eucalyptus pulp reaches the quality required by the international market in just two months of production.
On Wednesday, December 12, the Eldorado Brazil eucalyptus pulp mill,
with a single production line, is inaugurated in a 900-hectare area of Três Lagoas. The company’s Forest Management Plan is implemented and its eucalyptus forests receive international certification from the Forest Stewardship Council® FSC® (FSC- C113536).
Eldorado Brazil is founded on June 15.
After the cornerstone is laid, work begins on the Três Lagoas mill, with an investment of R$4.5 billion.