What Eldorado Brasil does

Eldorado Brasil Celulose S.A. is a privately held Brazilian eucalyptus pulp producer founded in 2010 and headquartered in São Paulo, with its principal industrial complex located in Três Lagoas, Mato Grosso do Sul. The company operates one of the world's largest and most modern single-line hardwood pulp mills, producing approximately 1.8 million tonnes of bleached eucalyptus pulp annually — 20% above nominal nameplate capacity of 1.5 million tonnes — and selling to packaging, tissue, printing/writing, and specialty paper manufacturers across more than 40 countries through commercial offices in São Paulo, Dania Beach (USA), Vienna (Austria), and Shanghai (China).

The company is vertically integrated across forestry, industrial production, renewable energy, and logistics. It manages 441,000 hectares of land, of which 285,000 hectares are productive eucalyptus plantations and 121,000 hectares are under environmental conservation; 425,000 hectares are FSC- and PEFC-certified. The Onça Pintada thermoelectric power plant, operational since 2021, generates 50 MW per hour from eucalyptus stumps, roots, and residues, making Eldorado the only Brazilian pulp firm utilizing 100% of the eucalyptus tree and producing surplus renewable energy sold to the national grid. Distribution is supported by wholly owned EBLog, a 3 million-tonne/year port terminal at the Port of Santos inaugurated in July 2023, with a private railway under construction (financed by R$1.05 billion from BNDES in December 2025) to connect the mill to the national rail network.

Operationally, Eldorado has deployed an Industry 4.0 Autonomous Mill project with AI-driven production forecasting (12-month horizon), predictive maintenance, and integrated process automation. AI-enabled fire monitoring (tower cameras plus drones) has reportedly reduced forest fire incidents by 88%, and the truck fleet is monitored 24/7 via control tower telemetry and AI-based fatigue/distraction detection. Ownership is held by J&F S.A. (formerly J&F Investimentos, 50.59%) following a $2.8 billion acquisition of Paper Excellence's stake in May 2025, with CA Investment holding the remaining 49.41%. The company is privately held but registered with CVM as a Category B issuer following Novo Mercado governance standards.

Name

Eldorado Brasil

Legal name

Eldorado Brasil Celulose S.A.

Website

https://eldoradobrasil.com.br

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Eldorado Brasil is a Brazilian eucalyptus pulp producer operating one of the world's largest single-line mills at 1.8 million tonnes annually, selling to packaging, tissue, and paper manufacturers in over 40 countries, with vertically integrated forestry, biomass energy, and port logistics.

Ownership category

akta.pro rank

Product category

Eucalyptus Pulp Manufacturing

NAICS

Pulp Mills (32211), Forestry and Logging (113)

SIC

Pulp Mills (2611), Forestry (800)

akta.pro primary industry

Market Pulp (Bleached Hardwood/Softwood Kraft) (IMAMADAA)

akta.pro secondary industries

Logging & Timber Harvesting (IMAMAAAB), Forest Products Import/Export & Commodity Merchants (IMAMAIAM)

Keywords

• Eucalyptus pulp production
• Bleached pulp manufacturing
• Forestry operations
• Biomass energy generation
• Port logistics services

Headquarters

HQ city

Três Lagoas

HQ country

Brazil

HQ region

Latin America

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Pulp Sales: Production and sale of high-quality bleached eucalyptus pulp to over 40 countries. Used in packaging, tissue paper, printing and writing paper, and special papers production.
2. Green Energy Generation and Sales: Surplus renewable energy from eucalyptus biomass fed into the national electricity grid. Onça Pintada thermoelectric power plant produces 50 MW per hour, capable of supplying a city of 2.1 million inhabitants.
3. Port Logistics Services: EBLog terminal operations providing receiving, handling, storage, stowing and dispatch of pulp bales for export. Certified ISO 9001, 14001, 45001.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Eldorado Brasil produces high-quality bleached eucalyptus pulp at its Três Lagoas mill in Brazil, producing approximately 1.8 million tonnes per year (20% above nominal capacity) and exporting to more than 40 countries across all continents. The vertically integrated operation spans certified forestry, pulp manufacturing, renewable biomass energy generation (Onça Pintada thermoelectric plant producing 50 MW/hour), and proprietary port logistics via its EBLog terminal at Port of Santos with 3 million tonnes/year capacity.

Product overview

Eldorado Brasil is a eucalyptus pulp company with a vertically integrated operation spanning forestry, industrial pulp manufacturing, and logistics. The core product is high-quality bleached eucalyptus pulp, produced at their Três Lagoas mill at approximately 1.8 million tonnes annually (20% above nominal capacity). Adjacent offerings include EBLog, their proprietary port terminal at Port of Santos with 3 million tonne annual capacity, and the Onça Pintada thermoelectric power plant generating 50 MW from eucalyptus biomass. The company operates across forestry (planted eucalyptus forests certified by FSC and PEFC), industrial production, renewable energy generation, and integrated multimodal logistics (road, rail, and river).

Differentiator

Problem solved

Functional benefit

Brands

• EBLog: Eldorado Brasil Logística - company's own port terminal at the Port of Santos with capacity of 3 million tonnes of pulp per year
• Super Talentos
• Inovar Program
• Inova+ Program

Products and services

• Eldorado Bleached Eucalyptus Pulp High-quality bleached eucalyptus pulp produced from wood harvested from FSC- and PEFC-certified planted forests. Produced at approximately 1.8 million tonnes per year at the Três Lagoas mill and sold to packaging, tissue paper, printing/writing paper, and specialty paper manufacturers in over 40 countries across all continents.
• EBLog Port Logistics Services Port terminal services at the Port of Santos providing receiving, handling, storage, stowing, and dispatch of pulp bales for export (breakbulk and/or container). Operated as Eldorado Brasil Logística Ltda (EBLog), a wholly-owned subsidiary, certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. Nominal capacity of 3 million tonnes per year.
• Onça Pintada Green Energy Renewable electricity generated from eucalyptus biomass (stumps, roots, and wood residue) at the Onça Pintada thermoelectric power plant, producing 50 MW per hour. Surplus renewable energy is supplied to the Brazilian national electricity grid, with generation capacity capable of supplying a city of 2.1 million inhabitants. Provides energy self-sufficiency for Eldorado's industrial complex.

Quantifiable outcome

• 20% production above nominal capacity through innovation management
• +4 more outcomes

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature6 records

Partnerships

One partnership is on record.

• SuzanominorStrategic or Co-development PartnerEldorado completed a wood swap transaction with Suzano in August 2025, exchanging wood assets as part of strategic operational optimization.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Suzano: Suzano is the world's largest hardwood (eucalyptus) market pulp producer and Eldorado's most direct Brazilian competitor. Both produce bleached eucalyptus kraft pulp from vertically integrated plantations, sell globally, and compete head-to-head in BHK market pulp pricing. Suzano is the natural benchmark for cost curve positioning and capacity expansion.
• Klabin: Klabin is a major Brazilian integrated pulp and paper producer with its own eucalyptus base, packaging paper, and kraftliner output. While more exposed to downstream paper/packaging, Klabin competes with Eldorado for eucalyptus fiber, plantation land, and Brazilian export logistics capacity, making it a closely comparable regional benchmark.
• Arauco: Arauco is a Chilean forestry conglomerate producing market pulp (including radiata pine and eucalyptus grades), panels, and sawn timber. As a Latin American pulp exporter with vertically integrated forests and a comparable global customer footprint, Arauco is one of the closest international analogues to Eldorado's eucalyptus pulp business.
• Mercer International: Mercer International is a pure-play market pulp producer (NBSK and NBSK-related grades) operating mills in Canada and Germany. While focused on softwood, Mercer is a useful comparator for pulp-only cost structure, capital intensity, and global BSK/BHK pricing dynamics that drive Eldorado's revenues.
• Cenibra: Cenibra is a Brazilian eucalyptus pulp producer (jointly owned by Suzano and Stora Enso) operating a single-line mill in Belo Oriente, MG. Like Eldorado, Cenibra is a single-mill, eucalyptus-focused, export-oriented BHK producer and serves as a direct cost-curve and capacity peer in the domestic market.

Broad incumbents

• UPM-Kymmene: UPM is a Finnish-domiciled global pulp, paper, and biomaterials group with significant market pulp capacity (including eucalyptus pulp from Uruguay). UPM competes with Eldorado in market pulp globally and is a useful benchmark for capital intensity, plantation forestry, and ESG positioning, though it operates across multiple fiber and product lines.
• Stora Enso: Stora Enso is a Nordic integrated forest products company with substantial market pulp operations and a JV stake in Cenibra. It competes with Eldorado for global BHK pulp customers and offers a comparable vertically integrated forestry-pulp model, though with broader packaging and biomaterials exposure.
• International Paper: International Paper is one of the world's largest containerboard and pulp producers with operations across the Americas and EMEA. It overlaps with Eldorado in market pulp supply to packaging customers and in plantation forestry in Brazil (via the former IP Brazil assets), making it a relevant global benchmark even though its primary business is downstream paper.
• Mondi Group: Mondi is a European integrated packaging and paper group that purchases large volumes of market pulp (including BHK) and produces its own pulp at integrated mills. As a major customer/competitor in the BHK market and a benchmark for sustainable fiber procurement, Mondi is highly relevant for understanding Eldorado's demand-side dynamics.

Others

• Domtar (Paper Excellence): Paper Excellence (the prior minority shareholder of Eldorado via its Domtar platform) is a global pulp and paper operator with North American and European assets. It is relevant as the former co-owner of Eldorado whose exit triggered the $2.8B J&F transaction, and as a peer in the BHK/NBSK pulp market through its integrated mills.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCzPJ7FbunTRrGi0xMGen7QA
• Instagraminstagram.com/eldoradobrasil

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eldorado Brasil