Paracel S.A. (Paracel)

Description:

The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatically translated.

Paracel's journey began with two companies, independent of each other, located on different continents, but sharing the same vision: to generate a positive impact on society and encourage increased demand for biodegradable products.

The Zapag group is the Paraguayan leader in the import and distribution of fuel. Always attentive to global and regional trends, the group saw an opportunity in the growth of products derived from cellulose and decided to acquire land for forestation. The choice of these lands was made considering factors such as degraded lands, soil suitability and good conditions for biological growth, logistics; and the possibility of giving work to thousands of people in the region.

Meanwhile, Girindus Investments is a group of companies based in Sweden, which has extensive experience in research and development of the pulp business throughout its production chain: from sustainable reforestation to pulp production. In its search to expand the business in a competitive environment, Girindus was interested in participating in the development of a new project that meets all the criteria of a state-of-the-art sustainable pulp mill.

In this way, the combination of the vision of Grupo Zapag and Girindus gave rise to the creation of Paracel, a company that aims to build a world-class pulp mill in the region of Concepción, Paraguay, through compliance with the highest sustainability standards and one of the most efficient logistics for regional and global markets.