Eucatex was founded in November 1951 when no company had ever come up with an idea of using the eucalyptus as a raw material resource to manufacture panels and ceiling tiles. The company started manufacturing soft boards and later began producing panels and ceiling tiles. The initial panel factory commenced its operations in 1954 in Salto and majored in manufacturing and marketing insulating and linings from eucalyptus wood.
The company celebrated its 60th anniversary in 2011 as a top marketer and principal manufacturer of paints, hardboards, wall partitions and more in Brazil. The company has grown rapidly to meet the requisites of different companies such as furniture producers, provides significant industrial construction, and the external market as well including plates and doors. It currently accommodates 2,201 employees, exports to 37 countries and owns four state of the art factories in Salto and Botucatu. The company owns 44 hectares of forest, in the state of São Paulo and this assures the company’s sustainability.
Eucatex is acknowledged by the best activities of tenable growth and holds global certifications ISO 9001, ISO 14001. Its products were internationally recognized in 1996 and became the first company in the field to receive the certification ISO 9001. Apart from this , the company was awarded the Green Seal by Forest Stewardship Council (FSC), an organization that keeps track of forests to ascertain that companies like Eucatex follow the most stringent social, economic and environmental standards. LinkedIn writes that the company has received uncountable awards since 1997 to acknowledge its activities, the awards include PINI award – 1st place in the Doors and Flooring category in 1998, 10 Best Companies in Corporate Citizenship in Brazil 2009 (‘Gestão RH’ magazine) in 2009, POPAI Brazil award 2010 –Trade/ Semi-permanent Project Category in 2010 and many more.
Eucatex uses an efficient technique to improve its Corporate Governance program known as The Ethics Channel. Most large open organizations also use this technique, and it focuses on establishing the openness of the Eucatex Group. The system is easy, safeguarded and anonymous. Through this, the staff can report any form of misconduct contrary to the ethical principles of Eucatex via the company’s Contato Seguro.
Eucatex is currently the seventh largest paint manufacturer in Brazil and holds 3% market share thanks to Flavio Maluf, the president of Eucatex and GrandFood group. Mr. Flavio is the eldest son of the famous politician, Paulo Maluf. Flavio Maluf has been the Chief Executive Officer of Eucatex since April 2005. He also serves as the Chairman of the Board of Executive Officers and the Vice Chief Executive Officer of Eucatex.