Brazil, Aug. 25 -- IFC, a member of the Word Bank Group, together with IDB Invest, Finnvera and a consortium of international banks, is supporting the development of the Sucuriu project, a state-of-the-art pulp production facility in Mato Grosso do Sul, Brazil, led by Chile-based Arauco. This transformative project is set to establish new standards for efficiency and environmental performance in the global pulp industry.The financing package of $2.2 billion includes a $1.25 billion loan co-led by IDB Invest and IFC, with participation from eight banks, and $970 million in Export Credit Agency (ECA) financing guaranteed by Finnvera. J.P. Morgan acted as Global Coordinator.The Sucuriu project will leverage advanced technologies and sustainabl...