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Suzano Announces Investment Of R$1.66B In New Tissue Paper Mill, Expand Fluff Pulp Capacity And New Biomass Boiler

Author: Benzinga Newsdesk | October 27, 2023 02:07am

Suzano announces 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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