Suzano Starts Operation of the World’s Largest Pulp Production Line
Suzano S.A. American Depositary Shares (each representing One Ordinary Share) (SUZ)
Company Research
Source: Business Wire
Cerrado Project required investment of around US$4.3 billion and will contribute to increase Suzano’s production by more than 20% SÃO PAULO--(BUSINESS WIRE)--Suzano, the world’s largest market pulp producer, announces the successful operational startup of its new mill, the largest single pulp production line in the world, in Ribas do Rio Pardo, Mato Grosso do Sul state. This marks the completion of one of Brazil’s largest ever private investment projects.This state-of-the-art facility will have an annual production capacity of 2.55 million tonnes of eucalyptus pulp, increasing Suzano’s production capacity by more than 20% to 13.5 million tonnes a year. The project is the result of a total investment of R$ 22.2 billion (~US$4.3 billion), of which R$ 15.9 billion (~US$3.1 billion) was allocated for the construction of the plant and R$ 6.3 billion (~US$1.2 billion) was earmarked for initiatives such as the formation of the planting base and the pulp outbound logistics. Suzano also has
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News
- Suzano Closes 15% Stake Buyout Deal With Lenzing to Expand Business [Yahoo! Finance]Yahoo! Finance
- Suzano completes purchase of 15% stake in Lenzing AGBusiness Wire
- Suzano S.A. (SUZ) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Suzano reports Adjusted EBITDA of R$6.3 billion in the second quarter of 2024Business Wire
- Funds Managed by BTG Pactual Timberland Investment Group Sell Nearly 70,000 Hectares to Suzano for Approximately R$ 2.123 Billion in Mato Grosso do Sul, Brazil [Yahoo! Finance]Yahoo! Finance
SUZ
Sec Filings
- 8/30/24 - Form 6-K
- 8/30/24 - Form 6-K
- 8/30/24 - Form 6-K
- SUZ's page on the SEC website