The new production line will have an annual pulp production capacity of 1.75 million tons. Combined with its existing capacity, already in operation, the Três Lagoas unit will reach a total annual production capacity of 3 million tons, making it one of the world's largest eucalyptus pulp production sites. It was agreed not to disclose the order value; however typical order values of comparable reference projects are in the magnitude of approximately 600 million Euros. The contract is expected to be put into force during the third quarter of 2015.

The scope of supply of the ANDRITZ PULP & PAPER business area covers the EPC delivery of the complete fiberline as well as the recovery island, including all relevant process steps. Start-up of production is scheduled for fourth quarter of 2017.

The Horizonte 2 project is one of the largest private investments in Brazil and will create 40,000 direct and indirect jobs over the two years of construction. During the peak of construction, the site will have around 10,000 workers. Once commissioned, Fibria's new pulp line will have 3,000 direct and indirect jobs.

ANDRITZ is a globally leading supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, the metalworking and steel industries, and for solid/liquid separation in the municipal and industrial sectors. The publicly listed technology Group is headquartered in Graz, Austria, and has a staff of almost 25,000 employees. ANDRITZ operates over 250 sites worldwide.