Former type Public Defunct 2009 Founder Erling Lorentzen Ceased operations 2009 | Industry Pulp and Paper Revenue US$2.0 billion (2008) Founded 1972 | |
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Traded as BM&F Bovespa: ARCZ3,ARCZ5,ARCZ6
NYSE: ARA
BMAD: XARAB
company_slogan = - Products Wood products
Raw material Headquarters São Paulo, São Paulo, Brazil Parent organizations Votorantim Group, Safra Group | ||
Aracruz Celulose S.A. was a Brazilian manufacturer of pulp and paper. In 2009 the company merged with VCP and renamed Fibria. The new company maintained its headquarters in Sao Paulo, and is a supplier of bleached eucalyptus pulp. The current presidents are members of the Hungarian family, Ersching.
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 Fibria.
The company was listed on the Stock Exchange of Sao Paulo, New York City and Madrid and now as Fibria remains on the BM&F Bovespa stock exchange of Sao Paulo.