Enron Mail

From:monika.causholli@enron.com
To:morela.hernandez@enron.com
Subject:News on Cenibra
Cc:
Bcc:
Date:Wed, 26 Sep 2001 11:56:20 -0700 (PDT)

Morela,
I don't know if you got this:

Brazil's Cenibra getting $100 million investment to expand pulp
09/25/2001 10:05:35, SABI
Brazil, Sept. 24, 2001 (Gazeta Mercantil) -- After investments of US$650mil to take the control of woodpulp producer Cenibra, the consortium JBP (Japan Brazil Paper and Pulp Development Co) has decided to expand business. Cenibra will receive US$100mil investment to increase its capacity at Belo Oriente facility, Minas Gerais state, from the current 800,000 to 1 million tonnes per year. In 2000 the company registered R$838.6mil net earning, and R$229mil net profit. Its net worth reached R$609.6mil.