Portugal’s Portucel expected to start producing cellulose pulp in Mozambique in 2022

20 July 2012

Portuguese pulp and paper company Portucel has started forestry testing to start producing cellulose pulp at its new factory in Mozambique, which is only expected to happen in 2022, said the chairman of the company, José Honório, cited by Portuguese financial daily Diário Económico.

“At the moment we are doing field tests and as soon as they are finished the second phase will be to build the factory to produce cellulose in Mozambique,” said Honório, adding that, “I’d say that within 10 ears, in 2022, we will be producing cellulose in Mozambique.”

The chairman of the paper manufacturer said that he believed Mozambique would be a growth platform for the company, as well as helping to promote Mozambican exports by over US$1 billion per year.

Through this new project, Portucel, “will create over 14,000 jobs,” and Honório noted it would be “a structural project for the Mozambican economy that will help to settle people and allow the population’s income levels to improve.”

The Mozambican project, which will involve investment of US$2 billion, will serve the Asian markets whilst production in Portugal would continue to supply the United States, Europe, and the Middle East, Honório said. (macauhub)