Suzano Completes the Acquisition of Two U.S. Industrial Facilities from Pactiv Evergreen
Suzano S.A. American Depositary Shares (each representing One Ordinary Share) (SUZ)
Company Research
Source: Business Wire
SÃO PAULO--(BUSINESS WIRE)--Suzano, the world's largest pulp producer, today completes the acquisition of two industrial assets from Pactiv Evergreen in Arkansas and North Carolina, United States. All conditions for completing the agreement announced in July have been fulfilled.The acquisition of the mills in Pine Bluff and Waynesville, that manufacture liquid packaging board and cupstock, adds approximately 420,000 metric tonnes annually of integrated paperboard to Suzano’s production capacity. The Brazilian company will now become a major supplier of papers used to produce Liquid Packaging Board in North America.Fabio Almeida, Executive Vice President of Paper and Packaging at Suzano and CEO of Suzano Packaging US, said:"We aim to scale our operations to meet the growing global demand for paper-based packaging. Our successful track record of asset integration gives us confidence that we will be able to enhance operational efficiency, production scale, and safety standards at the
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News
- Suzano Reports Operating Cash Generation of R$4.4 Billion in the Third Quarter of 2024Business Wire
- Suzano S.A. reports Q3 results [Seeking Alpha]Seeking Alpha
- Suzano Closes Industrial Asset Buyout Deal With Pactiv Evergreen [Yahoo! Finance]Yahoo! Finance
- Kimberly-Clark explores sale of its international tissue business, Bloomberg News reports [Yahoo! Finance Canada]Yahoo! Finance Canada
- Suzano Closes 15% Stake Buyout Deal With Lenzing to Expand Business [Yahoo! Finance]Yahoo! Finance
SUZ
Sec Filings
- 11/14/24 - Form 6-K
- 11/5/24 - Form 6-K
- 10/25/24 - Form 6-K
- SUZ's page on the SEC website