FORM 6-K
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                            Report of Foreign Issuer
                        Pursuant to Rule 13a-16 or 15d-16
                    under the Securities Exchange Act of 1934

                           For the month of July 2003

                        Commission File Number 001-11005

                             ARACRUZ CELLULOSE S.A.

                 (Translation of Registrant's name into English)


                 Rua Lauro Muller 116-21(degree) Andar, Botafogo
                        Rio de Janeiro, 22299-900 Brazil
                    (Address of principal executive offices)


         Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.

                         Form 20-F  X     Form 40-F
                                   ---              ---

         Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1):

         Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7):

         Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.

                         Yes       No  X
                             ---      ---

         If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b):
82-___________________.








                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                         ARACRUZ CELULOSE S.A.
                                             (Registrant)


Date: July 11, 2003                      By:  /s/ Carlos Augusto Lira Aguiar
                                              --------------------------------
                                              Name:  Carlos Augusto Lira Aguiar
                                              Title: Chief Executive Officer









                                  EXHIBIT INDEX


99.1.    Condensed Consolidated Financial Information at June 30, 2003 and 2002
         and Report of Independent Accountants