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آرشیو برچسب های: Brazilian company Suzano

Suzano to Invest R$1.66 billion in new tissue paper mill

Suzano, the world’s largest producer of market pulp, announces on October 26th a series of projects aimed at expanding its installed production capacity and which will enhance its operational efficiency. It will invest R$650 million in the construction of a tissue paper mill in Espírito Santo, where it will also invest R$520 million to replace a biomass boiler. The company will also invest R$490 million to expand the supply of fluff pulp in São Paulo.

The total investment of R$1.66 billion, announced during the disclosure of the 3Q23 results, is aligned with Suzano’s strategic business avenues and underscores its commitment to constantly adapt its operations to evolving demand in Brazil and the global markets.

 

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Suzano makes a 4 per cent cut in pulp production

Brazilian company Suzano (SUZB3) has announced a 4 percent reduction in market pulp production volume for 2023 compared to its nominal capacity and historical volumes.

According to the company, this move is based on the fact that this volume production would not bring adequate returns for the company during a more complex pulp market period.

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