In a recent study of how well Brazilian agricultural exports have been doing over the last year, CEO of the building materials business known as Eucatex, Flavio Maluf, reported that there was a 0.7% decrease in sales for the current year, but he said that soybean production was expected to go up by 4.2% more than the crop from the previous year. The European Union, or EU, which consists of 28 countries, was reported to have been the biggest destination for Brazilian exports in the month of June, with an increase in the purchase of soybeans, orange juice, pulp and green coffee. Visit on his twitter for more updates.
In the same study, which was conducted by the Brazilian supply company called Conab, Flavio Maluf also reported that during the first half of 2018, the Latin American country shipped 46.27 million tons of grain to other countries and saw a yearly revenue of $18.43 billion. The business executive’s own company exports its building products to 40 countries, including Germany, Mexico, Holland, England and the United States. The company’s name Eucatex is a combination of two words, eucalyptus and textile. Eucalyptus is the kind of wood the company uses to make its furniture slabs.
Eucatex was founded in 1951, and Flavio Maluf took over the family business in 1997 and has been successful at running it since then. He also runs another business called Grandfood, which is the manufacturer of the pet brands Golden and Premier. Born in Sao Paulo, Brazil, he attended the Armando Alvares Penteado Foundation and graduated with a degree in Mechanical Engineering, then later earned a degree in Business Administration from NYU in the US. He previously worked at Citicorp after college before taking the position at Eucatex.
Flavio Maluf is also a philanthropist who has helped other businesses in his community by donating medical equipment like X-ray machines to healthcare facilities such as Idio Carli Hospital and Maternity Clinic.