In 2014 the company was issued with the first report prepared in conjunction with the companies partnership with UTAD. The first years report submitted by Cesar J. C. Goncalves focussed on the development of eucalyptus crops on those land sites included in the program. As such, the data below show the estimated and confirmed growth and yield of eucalyptus crops established on several test areas. This data shows estimated yield at harvest based upon the current growth rates observed. Furthermore, the data estimated a maximum yield of 39.56 m3/ha/yr at harvest, a minimum yield of 18.69m3/ha/yr at harvest and mean average expected yield of 31.16m3/ha/yr at harvest. The mean average is shown to be slightly below those rates projected at the start of the project of 32.36m3/ha/yr at harvest over 7 years, which in percentage terms is shown as a reduced average growth rate of -3.71%.
In 2014 the company was issued with its second report prepared in conjunction with UTAD and issued by Andre Ferreira. This report confirmed the growth rates for eucalyptus below, with the 2015-2016 report showing that growth rates confirmed at the time were exceeding those projected rates set at the start of the project as a whole.
Since the start of the project, the company has successfully established several farm sites with eucalyptus crops in line with the original project proposal put forward in 2008. As such, several sites have received independent valuation, and the sites that have received valuation so far include Fazenda Tropical, Fazenda Esmeralda, Fazenda Buriti, Fazenda Vale do Buriti, and Fazenda Santa Maria I. with valuations received in 2014, 2015, and 2016. These valuations show a total asset value of R$7,948,094.77 whilst Fazenda’s Poca do Porta, Santa Maria II, and Barrinhas I & II are still awaiting independent valuation. The documents below therefore show the current valuations as a whole for those sites currently independently valued.
As decreed by state law, the company was required to obtain licences in order to cut timber from those sites established. In line with the project proposal, the company proceeded with its initial application in 2009, due to unforeseen circumstances, it became necessary to follow this initial application up. Several, subsequent applications were made over subsequent years. In 2016 the company was finally granted the appropriate licences which now allows the company to cut wood from those sites established with eucalyptus crops. The documents below show the official translations of these documents issued by INEMA in late 2016.