Duratex and Eucatex state that they will be conducting business with each other. In exchange for the manufacturing line of wood and thin sheets in Botucatu, Eucatex will turn over a farm in Capao Bonito to Duratex. It is the intention of Duratex to remain with the farm to manufacture raw goods beside Duratex group in Itapetinga. The company is valued at about 60 million dollars. There are 280 employees at the Botucatu plant and it is estimated that they produce 200 thousand m3 (cubic meter) per year. Visit dino.com to learn more.
This April 2018, Duratex will have a re-inauguration ceremony for when it resumes manufacturing at their plant in Itapetinga. Educate’s President, Flavio Maluf, told the workers and leaders of the company in Botucatu about the arrangement they have with Duratex. According to Flavio Maluf, CADE is very likely to approve the business deal. He stated that with the procurement of the business, the manufacturing quantity of fiberboard will increase by 70 percent of which 40 percent is the printing of paper and 30 percent of paint volume. The sales plan for the company will be better, including maintenance, and the process losses will dwindle.
According to Flavio Maluf, due to the business arrangements that Duratex and Eucatex have with each other, there will be more production or commodity opportunities that is favorable to the company. This includes the increase in employment opportunities, indirect as well as direct due to the incorporation or the embodiment of Duratex and Eucatex. This will be a great opportunity for these two companies that will open doors of opportunities worldwide in the industries that they operate in.
Businessman Maluf, is the owner, Executive and President of Eucatex. He is an entrepreneur who works hard to make sure that his company continues to prosper. Eucatexis located in Brazil. The risk of starting a business is not as high as others may but requires a lot of hard work to succeed. What Mr. Maluf does is to take into consideration the positive and the negatives in his business strategies, and to do a market analysis, which includes monitoring the competition.