BRASILIA (News release) - Klabin started up of the first paper machine (MP27) of the Puma II Project located in Ortigueira, Paraná, Brazil , which is its largest investment to date. With production capacity of 450,000 tons, MP27 launches production of Eukaliner, the world's first kraftliner paper made 100% from eucalyptus fiber.

The Puma II Project is the result of a R$12.9 billion investment made by Klabin to build two new paper machines, by 2023, with integrated pulp production. The startup marks an important milestone in the Company's current expansion cycle and reinforces its capacity for sustainable growth combined with technology.

"We sought the most modern technology to, like we did with the Puma Unit, make Puma II a global reference in sustainability, technology and innovation, combined with the principles of Industry 4.0, and guided by the mission of supplying the market with high-quality products to create value for the Company and for society, always aligned with the best health and safety practices and focusing on the development of local communities," said Francisco Razzolini, director of Industrial Technology, Innovation and Sustainability at Klabin.

To anticipate market transformations driven by new consumer habits and profiles, Klabin took advantage of the diversity of its forestry assets and conducted in-depth research that made the development of Eukaliner possible, a product patented by the Company and whose production is 100% sold, 70% of which through contracts already signed, serving the domestic and international markets.

In parallel with the startup of MP27, the construction of the second paper machine of the Puma II Project, whose startup is slated for 2023, already has begun and is following all mandatory health and safety protocols. MP28, with annual production capacity of 460,000 tons, will focus on the production of paperboard and consolidate Klabin's position as a global producer of paperboard for liquid (milks and juices) and processed foods (cereals, chocolate, pizza, proteins, etc.), personal and home care products (laundry detergent, toothpaste) and multi-pack packaging for cans and bottles, as well as paperboard for the growing food service segment, such as cups and trays, building on the Company's growth and expansion plans.