# Klabin to build R$1.6bn corrugated box plant in Piracicaba, São Paulo

Klabin will invest almost R$1.6 billion in a new corrugated box plant in Piracicaba, São Paulo, with annual capacity of 240,000 tonnes, scheduled to start production in Q2 2024. The Figueira Project is announced on 20 July 2022.

- Type: New facility
- Announced: 2022-07-20
- Where: Piracicaba, São Paulo, Brazil
- Value: $296.0M (1.60B BRL)
- Status: announced
- Capacity: 240,000 tonnes per year of corrugated cardboard boxes
- Products: corrugated cardboard boxes, kraftliner
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Klabin](https://endata.com/companies/3670.md)

## Sources

- [valorinternational.globo.com](https://valorinternational.globo.com/business/news/2022/07/20/klabin-to-invest-r16bn-in-packaging.ghtml), 2022-07-21: "It will be the largest corrugated box plant in the country, with the most modern technology and the highest productivity index,"
- [thepackagingportal.com](https://www.thepackagingportal.com/industry-news/another-new-plant-for-klabin-with-287m-investment/), 2022-07-27: "Brazil-based Klabin has confirmed it is making an investment of R$1.6 bn (approximately $287m) for the construction of a new corrugated board plant in Piracicaba (São Paulo)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
