2018 PMI® Project of the Year 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 closed 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