Integration of the Embu Unit with Ibema

Since January 4, 2016, the Embu Unit will operate on an integrated basis with Ibema.

This is the last phase of the transaction announced on March 18 of last year, in which the mill was sold to Ibema, a company in which we became a shareholder – with a 38% stake – jointly with the current controlling shareholder, Ibemapar.

Under this new configuration, Ibema will have two units, one in Embu, São Paulo, and another in Turvo, Paraná, with combined annual paperboard production capacity of 140,000 tons.