Horizonte 2

2018 PMI Project of the Year Award Finalist: Horizonte 2

The Brazilian paper company launched a US$2.7 billion project in 2015 to create the world’s largest bleached-eucalyptus pulp production line. Challenges included hiring 9,000 workers in a remote part of the country. The project was completed two months early, US$500 million under budget and without a serious accident.

Fibria Celulose S/A

Budget: US$2.7 billion

Três Lagoas, Mato Grosso do Sul, Brazil