Klabin Celebrates Level 2 Listing Upgrade on BM&FBOVESPA
OREANDA-NEWS. Klabin S.A. (KLBN3 and KLBN4) this Thursday, January 9, celebrates its listing on BM&FBOVESPA's Level 2 segment, which adopts special corporate governance standards.
Klabin is Brazil's largest paper and paperboard producer and exporter, leading manufacturer of corrugated fiberboard and paperboard packaging, industrial paper sacks and timber logs producer. Founded in 1899, Klabin currently owns 15 industrial units across Brazil and one in Argentina. The company structure consists of three major business units, i.e., Forestry, Paper (cardboard and paperboard) and Converting (corrugated boards and industrial paper sacks). Previously, Klabin shares had been trading on Level 1.
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