The leadership of Duratex and Eucatex are pleased to announce that the two companies have agreed to an exchange. Duratex will be giving Eucatex a manufacturing plant in Botuco and in return Eucatex will give Duratex a farm in Capao Bonito. Afterward, Flavio Maluf, the president of Eucatex sent a note to the employees of the Botuco plant introducing himself and his company. Maluf was born into a very powerful and wealthy family who has a strong presence at Eucatex that has lasted as long as the company itself. It was originally founded in 1940 by Flavio’s great-grandfather. Follow Flavio Maluf on Twitter.
During the 1960s Flavio’s father and uncle began including wood fiber lining in the company’s manufacturing work. Flavio Maluf himself first entered adult life by attending and graduating from TheamandoAlvaresPenteado Foundation in 1987 with a degree in engineering. Immediately after his education, he joined the Eucatex team, which at that time was presided over by his uncle. In 1996 he assumed the presidency and company ownership after his uncle died. In the years since he has also founded and become the president of Grandfood.
He has proven to be a world-class leader. He often mentors and advises other aspiring business leaders. He tells them that if they expect to succeed that must be willing to work and to work hard. He says they must also put a lot of emphasis on being creative. Maluf is a strong believer that a lot of money is not always necessary to start a business. He also says all you really need to start a successful business is drive since any businesses can be started with small overhead. who also has a passion for environmental friendliness.
In addition, he frequently funds programs that teach the next generation about the need of environmentalism. The company utilizes Eucalyptus in its manufacturing work. It is so primary an ingredient of the company’s work that its very name derives from it. It is largely thanks to Eucatex that Brazil is currently the world’s fifth largest economy. Flavio Maluf remains extremely optimistic about the continuing success of Brazil and Eucatex. Read more: https://www.bloomberg.com/research/stocks/people/person.asp?personId=44205717&privcapId=877352