Executives shared more details about the ramp-up and the Brazilian company’s aspirations for growth in the U.S Brazilian pulp and paper company Suzano is about a month into operating two newly acquired liquid packaging board sites in the United States. Executives shared more details about ramp-up at mills in Waynesville, North Carolina, and Pine Bluff, Arkansas, during a third quarter earnings call on Friday which represent 420,000 metric tons of integrated paperboard capacity and add production for packaging like fresh beverage cartons and paper cups “We remain very excited about the business opportunities that this move will bring Suzano in the future,” said Fabio Almeida de Oliveira Suzano’s executive officer for paper and packaging Oliveira said that while the initial weeks at Pine Bluff went well the mill dates back to the 1950s and lacks good maintenance “There’s a turnaround story here for us on the industrial side And we already have started with short-term medium-term plans to bring this mill back into the level of operational stability that we believe we can achieve,” he said Oliveira also commented that pine wood is attractively priced in Arkansas and the company is hopeful to “have a very competitive operation here in the near future.” That site primarily services liquid packaging a market that features long-term contracts and is “very stable in terms of demand and price.” Oliveira said Suzano is looking to expand the portfolio to also tap into the food service market CEO Beto Abreu confirmed to analysts Friday that bolt-on M&A is a “healthy” approach in the U.S. market. Abreu also said the Suzano team is “not planning any big ticket movement in the near future ... We have a lot to do with the assets that we already brought to the portfolio.” This follows Suzano’s attempt earlier this year to acquire International Paper Suzano reported that its third-quarter net revenue totaled approximately 12.3 billion Brazilian real The company said this reflected a 37% year-over-year jump and is its highest quarterly performance since 2022 Get the free daily newsletter read by industry experts Some organizations focus exclusively on closed settings that offer big contracts — low-hanging fruit opportunities they think will scale reuse faster. But that’s not discouraging others from working in complex open-loop environments The structure of anticipated tariffs is front of mind for some packaging and material organizations They’re also gearing up for more mature EPR and deposit return policy negotiations this year The free newsletter covering the top industry headlines Norton Rose Fulbright in São Paulo has helped Brazilian paper producer Suzano obtain a US$1.2 billion sustainability-linked loan to refinance existing debt expert analysis and essential resources from the Latin Lawyer experts Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10 This firm has professional notice in the Latin Lawyer 250 Get more from LLSign up to our daily email alert Unlock unlimited access to all Latin Lawyer content O endereço abaixo não existe na globo.com says it will not further invest in Spinnova’s wood-based fibre plant Woodspin and will halt its financing of the plant while it undertakes a review of their joint venture Suzano and Spinnova said they are to begin a strategic review of Woodspin and will renegotiate the exclusivity rights The two had signed a Letter of Intent (LOI) for Spinnova and its partners to supply fibre production technology to Suzano and open a new production facility in March 2024. Their relationship dates back to 2020 when they became joint venture partners in Woodspin serving as an industrial demonstration of Spinnova’s technology and Suzano’s textile MFC technology Suzano said this business decision is based on its newly defined priorities and capital allocation strategy and is not related to Suzano’s confidence in the technology that prompted the initial investment Suzano will continue to be a shareholder in Spinnova Spinnova continues to see significant interest from other parties in its fibre and technology the review will also assess the terms for the termination of the exclusivity rights that are part of the joint venture agreement Spinnova continues to implement its own technology roadmap Spinnova will begin an assessment of its strategy including all its joint ventures and will plan future actions The company will review its strategic targets and the financial guidance for 2025 Spinnova expects the strategic assessment to be completed within the next few months and will update the market when appropriate Don’t let policy changes catch you off guard Stay proactive with real-time data and expert analysis Give your business an edge with our leading industry insights View all newsletters from across the GlobalData Media network Brazilian pulp and paper company Suzano signed a definitive agreement to acquire Pactiv Evergreen’s Pine Bluff “The sale of Pine Bluff and Waynesville concludes the strategic alternatives review process,” said Michael King the world's largest pulp producer and a global benchmark in the manufacture of bioproducts developed from eucalyptus The news about the deal was already in the market as Bloomberg had earlier reported that the two parties were in talks over Pactiv's Pine Bluff mill The news of the purchase comes weeks after Suzano dropped its $15 billion takeover pursuit of International Paper (IP) Suzano is the largest pulp producer in the world the largest paper manufacturer in Latin America and the leader in the toilet paper market in Brazil a leading full-service packaging solutions supplier for the world’s biggest beauty SPM International announces Bill Partipilo as the new CEO of SPM Instrument boxboard production in Q1 2025 fell 1% compared to Q1 2024 Smurfit Westrock plc announced it will permanently close its coated recycled board (CRB) mill in.. 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Georgia-Pacific’s Savannah River mill in Rincon now accepts polyethylene (PE)-coated paper cups in its.. a global leader in sustainable chemical solutions for water-intensive industries announces that it has invested in Kinki Danboru a privately-owned business located in Zellwood a global leader in developing and producing responsible packaging solutions SCA Logistics terminal in Sundsvall has invested in a new knuckle boom crane John Hardwick Twitter Facebook Brazil has committed to a 43 percent reduction in GHG emissions between 2005 and 2030 - mainly through increasing the share of sustainable biofuels and clean energy in the energy mix and through forest restoration and reafforestation Sustainable investments in the forestry sector help support the country's path to GHG emission reduction and economic growth it is critical that these investments are well planned and operations carefully managed to mitigate potential social and environmental risks. A loan from IFC to Suzano S.A. supports climate change mitigation through investments in sustainably managed plantations that will sequester carbon and by increasing the use of renewable energy sources the proceeds of the loan have been used for the construction of a greenfield pulp mill and development of eucalyptus plantations in Ribas do Rio Pardo An IFC investment of $250 million, supplemented by an additional $700 million from partner financial institutions, has supported Suzano S.A., the world’s largest producer of hardwood pulp, in the construction and operation of an elemental chlorine free (ECF) pulp mill - the “Cerrado Project”. Project components included the mill itself with a capacity up to 2.55 million tons per year and associated infrastructure – water intake and effluent pipelines is sourced from certified responsible forest management and controlled wood areas on land incorporated into Suzano’s owned and leased properties and third-party within an average radius of 65 km from the mill where operations commenced in the second half of 2024 is the first fossil-fuel free pulp mill in Brazil and in Latin America representing a new milestone in eco-efficiency and sustainability for the industry in the region It incorporates design to allow for the optimal use of biomass byproducts leading to a highly efficient production process The project includes generation of renewable electricity with the capacity to sell approximately 180 MW of surplus energy to Brazil’s power grid the recovery boiler and biomass boiler are high efficiency and designed for higher steam pressure and temperature than any existing units in the region The project has made a substantial contribution to rural employment and livelihoods in Brazil with the creation of around 45,000 jobs in the construction of the plant and associated nursery and in eucalyptus planting activities. Since the start of operations the new mill - located in a city with a population of 25,000 and a high prevalence of poverty at 28 percent - has employed approximately 3,000 employees. is committed to training and hiring people from local communities The IFC investment comes with incentives to increase the share of women in leadership positions from a baseline of 22.5 percent in 2021 to 30 percent in 2025 The project has highlighted the importance of collaboration – even between competitors – in building sustainable value chains The region where the project is located is experiencing a risk of labor shortage thanks to rapid development of the manufacturing industry in the last 15 years The Company and its competitors have faced challenges in attracting especially for field activities that involve manual labor The Company has been investing in improving local infrastructure and offering technical training it started a training course in partnership with eucalyptus producer MS Florestal and the national training institution SENAI in the belief that that working collaboratively is essential in developing workers and strengthening the forestry chain Next StepsIFC and Suzano have formalized a partnership to implement ecological corridors in the Brazilian Cerrado with pilot projects in Mato Grosso do Sul to connect 35,000 hectares of native Cerrado vegetation fragments the partnership aims to promote the socio-biodiversity chain in the Cerrado encourage them to register or rectify their details in the Rural Environmental Registry and to conduct training and outline technical and financial incentive strategies for large -scale restoration partnerships Download: Growing Livelihoods in Brazil: IFC’s Sustainably-managed Forestry Partnership with Suzano S.A. 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Something went wrong.The page you are looking for could not be found world's largest bleached eucalyptus kraft pulp producer has announced a price increase for hardwood pulp The latest initiative encompasses a $60/t price hike on the markets in Europe and North America the company announced similar price hikes for February the company increased its pulp deliveries by 7 per cent year-on year to 12.3 million ton mainly driven by the additional eucalyptus pulp (BEK) capacity from the new Ribas do Rio Pardo pulp mill in Brazil Suzano Papel e Celulose is a Brazilian producer of paper and pulp with a presence in over 80 countries It is the largest paper and pulp company in Latin America and among the biggest producers in the sector administrative office in São Paulo and others offices in Buenos Aires Affirm spinoff Resolve raised $60m from investors including its parent company.. Suzano's investment arm has upped its investment in Marvin as the climate crisis puts landowners at increased risk the VC arm of Brazil-based pulp and paper producer Suzano has closed a follow-on investment for AI-powered land use and supply chain management startup Marvin as it seeks to protect its 27,000 square kilometres of farms and native forests from climate change impacts The two companies struck a multi-year commercial agreement that will see Suzano use Marvin’s geospatial technology for applications such as risk management carbon measurement and forest certification For a large landowner like Suzano having tools that give it greater visibility into its available resources and climate vulnerability is critical as climate change puts its resources at increased risk With its pulp production based a regenerative model for eucalyptus trees staying ahead of climate threats is a strategic imperative The destructive force of the wildfires in Los Angeles, US, has highlighted how a changing climate, which is increasing the risk of drought, can create increased losses for businesses and insurance companies The size of the follow-on investment has not been disclosed but comes after Suzano Ventures made its initial entry to the cap table back in October 2023 after which it had carried out field trials across Suzano’s operations Marvin employs researchers and data scientists to develop a proprietary platform analysis of land use The startup targets companies that want to improve the efficiency and sustainability of their resources and build resilience to the impacts of a changing climate we carefully assessed a number of geospatial intelligence products available on the market that were potentially applicable to silviculture,” said Suzano Ventures senior manager Álvaro Gómez Rodríguez “We are confident that Marvin’s technology offers the most sophisticated tool for forest producers like Suzano which we have now validated through trials in our own business Marvin’s platform product will now be a key tool for us as we continue to work towards developing the world’s most sustainably produced eucalyptus.” The Suzano Ventures’s focus areas include sustainable packaging carbon removal and eucalyptus biomaterials between pre-seed and series A Suzano Ventures last year invested in another forestry tech startup which uses AI and computer vision to process data from satellites drones and tractors to help increase productivity and bring down costs Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast Which corporates are backing which startups Find details about global CVC units in the CVC Directory Comprehensive data on the current trends in corporate investment GCV provides the global corporate venturing community and their ecosystem partners with the information insights and access needed to drive impactful open innovation Across our three services - News & Analysis and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive At the heart of our community sits the GCV Leadership Society providing privileged access to all our services and resources Suzano will augment prices for its hardwood pulp sold in Asia Suzano is the largest hardwood pulp manufacturer in the world one of the largest paper producers in Latin America and the leader in the toilet paper segment in Brazil. 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To understand more about how we use and store information, please refer to our privacy policy Geo Week Event The world’s largest pulp supplier, Suzano, today announces a long-term commercial agreement with the AI-powered land use and supply chain management startup, Marvin has completed a strategic follow-on investment into Marvin following its initial investment in October 2023 These two milestones follow the successful technical validation of Marvin’s platform product through extensive and varied trials demonstrating applicability across Suzano’s operations Suzano has now signed a multi-year contract to use Marvin’s land use geospatial intelligence products for strengthening its approach to yield prediction and supply chain optimization and traceability Marvin brings together leading researchers and data scientists to develop a proprietary platform analysis of land use By providing high-quality information on multiple areas of risk and opportunity Marvin enables companies to better manage compliance enhance resource efficiency and sustainability The business has rapidly expanded through providing comprehensive and scalable applications for corporates and financial institutions with operations Marvin’s customer base also includes several government agencies and multinationals “We are excited to strengthen our partnership with Suzano as both a strategic investor and a key customer for Marvin It is very significant for us to receive validation of our platform product’s technical and economic value from a business with a well-earned reputation for excellence in its forest operations that has been at the forefront of innovation and technology in the pulp and paper sector.” “We recently opened an office in Brazil because we believe it is important to be present in South America to strengthen our capabilities and accuracy in the complex and globally significant biomes in this region as well as to meet the growing demand from regional businesses We know that while some companies may initially come to us to because of regulatory requirements and sustainability due diligence concerns they quickly realize that our data and insights can provide a lot more than compliance benefits.” “Our partnership with Marvin has been an enriching journey of learning and innovation This validation reflects not only the capabilities of Marvin’s technology but also our collaborative approach to innovation driven by an in-depth technical understanding and the agile development of cutting-edge solutions A standout achievement is the creation of a pioneering operational platform that through remote sensing tools and ground-validated data is able to measure water use and carbon sequestration and allows us to evaluate the impacts of climate change across Suzano's 27,000 square kilometers of farms and native forest The development of this platform is testament to the scale of innovation that can be achieved through deep strategic partnerships between large corporates and startups and demonstrates the potential for Marvin’s technology to transform land management practices across a wide range of sectors.” Álvaro Gómez Rodríguez we carefully assessed a number of geospatial intelligence products available on the market that were potentially applicable to silviculture We are confident that Marvin’s technology offers the most sophisticated tool for forest producers like Suzano Marvin’s platform product will now be a key tool for us as we continue to work towards developing the world’s most sustainably produced eucalyptus We are therefore pleased to provide a follow-on investment that will help accelerate the development of Marvin’s market-leading technologies and supporting the business’ continued growth in Brazil and beyond.” Marvin’s product platform supports compliance with international sustainability certification schemes such as the Roundtable on Sustainable Biomaterials (RSB) and Taskforce on Nature-related Financial Disclosures (TNFD) The product platform also provides crucial data for accurate ESG reporting against various frameworks Corporate Sustainability Reporting Directive (CSRD) and EU Deforestation Regulation Suzano Ventures is the venture capital arm of Suzano the world’s largest market pulp producer – providing materials and consumer products that are part of the lives of more than 2 billion people around the world in more than 100 countries We invest globally in early-stage deeptech businesses that are pioneering innovative approaches to harness the power of trees to help build the future of the bioeconomy We are investing an initial US$70 million to support the development and growth of companies across four investment areas: novel applications for eucalyptus biomass which in turn have the potential to develop and help shape the future of Suzano’s business Our strategic investments deliver shared value By placing science at the heart of business have the potential to develop and help shape the future of Suzano's business We provide our portfolio companies with capital This includes the ability to engage with hundreds of our scientists based at Suzano’s research centers and operations across four continents. Marvin is an AI-powered land use and supply chain management startup at the forefront of solving the most pressing supply fluctuations and regulatory shifts Marvin leverages advanced geospatial technology and in-depth industry expertise to provide businesses with innovative tools for certification management Marvin’s solutions address critical pain points such as navigating complex regulatory frameworks and unlocking new revenue streams from carbon credits and bioeconomy initiatives Marvin collaborates closely with businesses and cooperatives to provide actionable insights and drive tangible impact Marvin’s approach goes beyond technology – delivering shared value by connecting science and business Marvin provides its clients with the ability to improve operations and contribute to building a sustainable future By aligning with Marvin’s innovative solutions organizations position themselves to lead in the evolving bioeconomy and climate markets officially inaugurated the world's largest single-line pulp mill in Ribas do Rio Pardo The ceremony was attended by the President of Brazil Luiz Inácio Lula da Silva; the Vice President and Minister of Development as well as representatives from the federal With capacity to produce 2.55 million tonnes of pulp per year the project is the result of a total investment of R$22.2 billion (~U$4.3 billion) of which R$15.9 billion (~U$3.1 billion) was allocated to the construction of the mill and R$6.3 billion (~U$1.2 billion) dedicated to areas such as developing outbound logistics and the forestry base This marks the largest investment in Suzano's 100-year history and represents one of the largest private investments in Brazil in recent years President Luiz Inácio Lula da Silva emphasized the importance of responsible private investment to the country's development: "We can only reap what we sow if we plant properly "The Brazilian economy is expected to grow by 3.5% this year It is one of the largest growth rates among all the countries in the world," he added Reflecting on Suzano's ambitious goals for promoting diversity Lula emphasized the importance of this agenda in fostering a more equitable society with 448 working in the forestry sector and 161 in the industrial sector The construction of the Ribas do Rio Pardo mill was first announced in May 2021 with a total of more than 45,000 people involved throughout its duration The mill began operations on July 21 of this year and currently employs approximately 3,000 people working across industrial highlighted that the Ribas do Rio Pardo mill serves as a prime example of private investment delivering positive outcomes for both people and nature: "Over 45,000 people have worked here we generate 10,000 direct and indirect jobs in the region This is the type of social impact that an investment of this scale brings to the country and the state We have an industrial complex here that can generate all the energy this hub requires in a renewable and clean manner with enough surplus to supply all the households in Mato Grosso do Sul Suzano plants 1.2 million trees a day and extracts more carbon from the atmosphere than it releases serving as a tangible example of a sustainable industry," stated the executive during the ceremony The Ribas do Rio Pardo unit will be self-sufficient in green energy production with a surplus of approximately 180 megawatts (MW) on average which will serve the satellite suppliers of the mill and contribute to the National Interconnected System (SIN) This energy from a renewable source is enough to power a city of up to 2 million inhabitants monthly With the start of operations at the new unit Suzano's installed pulp production capacity increased from 10.9 million to 13.5 million tonnes per year representing an increase of over 20% in the company's current pulp production Suzano also has the capacity to produce 1.5 million tonnes annually of papers among other products that use pulp as a raw material The new unit also contributed to the increase in Suzano's production capacity in Mato Grosso do Sul with a total capacity of 5.8 million tonnes of pulp per year which directly contributes to regional socioeconomic development The mill has the smallest structural average radius of the forest base among Suzano's operations totaling 65 km between the planting areas and the mill This unique feature minimizes logistical costs and the environmental impact associated with the transportation of pulp and wood 50% of wood transportation is conducted using hexatrains - supertrains that operate exclusively on the company's private roads and can carry up to 250 tonnes of wood This approach significantly reduces the use of fossil fuels and the emission of greenhouse gases Suzano has a forest base of 599,000 hectares in Mato Grosso do Sul with 143,000 hectares set aside exclusively for conservation the company has invested in establishing two seedling nurseries one in Campo Grande and another in Ribas do Rio Pardo which have a total production capacity of 75 million eucalyptus seedlings per year In line with its public commitment to support the sustainable development of Ribas do Rio Pardo and the surrounding region Suzano has not only generated thousands of direct and indirect jobs and contributed significantly to the stimulation of the entire economic chain but has also invested in improving the skills base of the local workforce Over 1,300 individuals have been qualified for industrial 300 people have been trained for the local job market Suzano has also invested more than R$300 million in constructing new housing units and a medical center Through the Basic Environmental Plan (PBA) alone R$57.3 million has been invested in 21 local projects focused on healthcare The voluntary social projects totaled R$13.8 million invested in initiatives focused mainly on job and income generation in Ribas do Rio Pardo and the surrounding region Company NewsBrazil’s Suzano Explores Offer for Clearwater PaperBy Cristiane Lucchesi, Gillian Tan, and Rachel GamarskiPublished: December 19, 2024 at 6:28PM EST (Bloomberg) -- Brazil’s Suzano SA is exploring an offer for Clearwater Paper Corp., according to people with knowledge of the matter. The company is working with an adviser as it seeks to reach an agreement, said the people, who asked not to be identified discussing confidential information. A deal hasn’t been finalized and it’s possible one won’t be reached. Representatives for Suzano and Clearwater declined to comment. Spokane, Washington-based Clearwater, which manufactures pulp and paperboard products, had a market capitalization of $409 million as of Thursday’s close and its shares have fallen 31.6% this year. Clearwater’s shares jumped as much as 19% after the close of regular trading Thursday. Suzano, which is the largest supplier of hardwood market pulp in North America, has been pushing further into the US, most recently buying two paperboard mills in Arkansas and North Carolina in a deal valued at $110 million. (Updates to include share gain in fourth paragraph.) Twitter feed ©2025 BellMedia All Rights Reserved Methodology Contact us Support Login Brazil’s Suzano started its new massive pulp project in Brazil the Cerrado mill July 21 the mill will increase capacity by 2.55 million tonnes per year of bleached eucalyptus kraft (BEK) market pulp The project comes with the aggressive goal of reaching a structural cash cost – not including outbound logistics – of around $100 per tonne when the ramp up is completed with the value estimated to be 30% lower compared with the cash cost presented by the company in the fourth quarter of 2023 Taking into account announcements for this year, including the Cerrado project, 1.1 million tonnes of new hardwood market pulp in global capacity will reach the market in the second half of the year according to Fastmarkets’ World Pulp monthly estimates That figure includes China’s Liansheng Pulp & Paper (Zhangpu) project that started operations in June and the stabilization of the Kemi mill in Finland Suzano’s Cerrado is the last of the large projects announced for Latin America to start up after UPM concluded its Paso de Los Toros mill in Uruguay in 2023 and Arauco kicked off its MAPA project earlier in that same year capacity increased by 3.85 million tonnes in annualized production in a market that totaled 40.8 million tonnes of hardwood market pulp in 2023 “That is still a significant influx of new supply The impacts to the market are being felt more directly because the supply is geographically diverse and able to reach buyers without shipping delays,” Fastmarkets’ senior economist for pulp Patrick Cavanagh said BEK markets are particularly well supplied “since the Cerrado mill is coming quickly on the heels of the Paso de los Toros which just last year injected 4 million tonnes of new BEK supply.” there are no additional large pulp projects starting up in Latin America with future projects announced for the region still in the approval or financial structure stage Fastmarkets’ data show that at least 1.4 million tonnes of hardwood pulp capacity will come online with APP’s OKI expansion in Indonesia Suzano’s former chief executive officer and current member of the board Walter Schalk told Fastmarkets that the start of the Cerrado Project represents a historic milestone in the company’s trajectory of growth and innovation “This new mill expands our production capacity and demonstrates our commitment to sustainability and operational efficiency,” he said Schalka noted that Suzano is planting more trees than needed to ensure a robust future supply of wood allowing it to explore new opportunities and meet growing global demand “With increasing urbanization and income growth demand for products derived from pulp continues to grow and Suzano is prepared to lead this advance,” the executive said estimates for the plant’s production are around 900,000 tonnes this year with 2 million tonnes expected to be produced by the end of the first 12 months of operation. The company estimates a learning curve period of approximately nine months The Cerrado project was part of a 22 billion Reais ($3.9 billion) investment of which 15.9 billion Reais were allocated to the construction of the plant and 6.3 billion Reais to initiatives such as the establishment of the planting base and logistics structure The new mill represents a 20% increase in the company’s production capacity reportedly of 10.8 million tonnes of market pulp and 1.06 million tonnes of integrated capacity Suzano reported sales of 11.5 million tonnes of pulp Unlock valuable insights into the Latin American forest products industry with our PPI Latin America newsletter and dive into market analysis Keep on top of the latest price developments and forecasts for all major grades and sub-grades of pulp Finnish fibre textile company Spinnova and Brazil’s Suzano have postponed the pre-engineering stage phase for their new wood-based fibre facility beyond the previously anticipated timeline of late 2024 Finnish fibre textile company Spinnova and Brazil’s Suzano have postponed the pre-engineering stage phase for their new wood-based fibre facility beyond the previously anticipated timeline of late 2024. In March this year, the two companies formalised their intentions through a Letter of Intent (LOI) for a new manufacturing site focused on producing wood-based Spinnova fibre. The initiation of the pre-engineering phase for the planned 20,000 tonnes (t) facility was originally slated for the latter half of 2024. The companies noted that advancements have been made in the technology development for fibre-spinning particularly in enhancing the output from fibre drying units and validating key sub-processes. the overall validation of process efficiency metrics at the Woodspin factory encompassing the entire operation from pulp to fibre Spinnova and Suzano will explore alternative strategies to expedite the validation of end-to-end process efficiency metrics which are crucial for progressing to subsequent project phases. Suzano is tasked with developing Microfibrillated Cellulose (MFC) while Spinnova focuses on fibre-spinning development They will provide a revised timeline for the next wood-based fibre factory later. transitioning to the pre-engineering phase is contingent upon Spinnova delivering a Process Design Package (PDP) for the new facility and obtaining strategic approval from Suzano. specific process and fibre metrics at the Woodspin facility must be met The PDP has been prepared in alignment with LOI requirements and fibre quality has been verified as meeting established targets. This quality confirmation has come from designated brand and supplier partners along with results from a yarn spinning test conducted in November 2024 which demonstrated that Spinnova fibre can be spun using industrial processes at current blend levels while achieving necessary yield rates. Spinnova is working to enhance its pilot capacity to showcase the complete process from pulp to fibre using various cellulosic feedstocks This initiative aligns with its plans to explore new raw materials aimed at promoting technology sales for fibre production beyond wood sources. The new plant will be located near an existing pulp mill of Suzano who will be the owner and operator of the facility. Spinnova kept its 2024 financial outlook and strategic objectives unchanged. In May last year, Spinnova and its strategic partner Suzano opened their first commercial-scale facility recyclable and fully biodegradable textile fibre from responsibly-grown wood each year View all newsletters from across the GlobalData Media network. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world said the “most challenging scenario ever” in top importer China is showing some signs of stabilization after further eroding in the third quarter “We may be reaching an inflexion point,” Chief Executive Officer Joao Alberto Abreu said in an interview citing fairly stable prices over the past few weeks and resilient demand levels An announcement from Suzano Papel e Celulose SA ( (SUZ) ) is now available announced the signing of a $1.2 billion sustainability-linked loan through its subsidiary is intended to refinance an earlier $1.45 billion loan from 2021 The initiative emphasizes Suzano’s commitment to sustainability incorporating a KPI tied to biodiversity conservation efforts in Brazil This move is part of Suzano’s broader strategy to enhance its debt profile and aligns with its sustainability goals Suzano Papel e Celulose SA is a leading company in the paper and cellulose industry primarily engaged in the production of paper products and cellulose The company focuses on sustainability and innovation in its operations with a significant market presence in Brazil and international markets Technical Sentiment Consensus Rating: Sell For detailed information about SUZ stock, go to TipRanks’ Stock Analysis page Disclaimer & Disclosure Report an Issue An announcement from Suzano Papel e Celulose SA ( (SUZ) ) is now available Disclaimer & Disclosure Report an Issue Suzano will not invest into the next steps of the collaboration with Finnish innovation company Spinnova Spinnova and Suzano have agreed to begin a strategic review of Woodspin and will renegotiate the exclusivity rights Spinnova will commence its own strategic review. Spinnova Plc has been informed by Suzano Plc today that Suzano will not invest into the next steps of the collaboration with Spinnova Spinnova currently does not expect Suzano to make a factory investment in the near future Suzano comments that this business decision is based on Suzano’s newly defined priorities and capital allocation strategy and is not related to Suzano’s confidence in the technology that prompted the initial investment Spinnova and Suzano have agreed to commence a strategic review of their joint venture Woodspin which is expected to be completed within the coming months Spinnova expects the strategic assessment to be completed within the next few months and will update the market when appropriate. Brazilian paper producer Suzano has relied on two Norton Rose Fulbright offices Fangda Partners in Beijing and Pinheiro Guimarães in São Paulo to issue green panda bonds worth 1.2 billion yuan (US$165 million) – becoming the first non-financial corporation from Latin America to make an offering of this kind in China’s capital markets These firms have professional notices in the Latin Lawyer 250 one the world’s largest producers of bio-based raw materials establishes a long-term initiative with Jesus College and the University of Cambridge This visionary initiative will help to build strong links between the University of Cambridge and Brazil Credit: Suzano I wish to receive the University's news digest by email The University of Cambridge will use your email address to send you our University news digest email once each week. We are committed to protecting your personal information and being transparent about what information we hold. Please read our email privacy notice for details. Yantoultra Ngui and Luciana Novaes Magalhaes of Reuters reports The three companies are expected to submit binding bids by mid-May the people who had knowledge of the matter said Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Royal Golden Eagle, RGE, Asia Pulp & Paper, APP, and Suzano (SUZ) are the final bidders for Kimberly-Clark’s (KMB) international tissue business See the top stocks recommended by analysts >> sources previously told Reuters.Shares from Suzano are down 14.6% since the day before news of the talks broke until Wednesday's closing while International Paper shares are up 26.2% in the same period.Reporting by Andre Romani; Editing by Chris Reese and Stephen Coates Our Standards: The Thomson Reuters Trust Principles., opens new tab , opens new tab Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. , opens new tabScreen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. © 2025 Reuters. All rights reserved Pulp manufacturers have been pushing for price hikes since the start of the year World's largest bleached eucalyptus kraft pulp producer Suzano is set to tack on $60/t for March in Europe Brazil's pulp producers Suzano has anounced another price increase for hardwood pulp the company had already announced similar price hikes for February Suzano is the world's largest pulp producer. In 2024, the company increased its pulp deliveries by 7 per cent year-on year to 12.3 million t, mainly driven by the additional eucalyptus pulp (BEK) capacity from the new Ribas do Rio Pardo pulp mill in Brazil Service Customer Service+49 7224 9397-701 servicenoSpam@GO-AWAYeuwid.de Editorial Team+49 7224 9397-0 papernoSpam@GO-AWAYeuwid.com Get the latest news about developments and trends in the industry sent to you once a week free of charge by newsletter Sign up for our newsletter We use cookies and external services on our website others enhance your user experience or help us improve this website You can change your privacy settings any time by clicking privacy policy Necessary cookies are required for the correct functioning of the website Content from video platforms and map services is blocked by default. If access to these services is accepted, separate consent is no longer required when using them. You can find more information on the individual external services in our privacy policy Suzano has announced a strategic shift in its cellulose production for 2024 The company plans to reduce output by 4% below its nominal capacity This decision reflects Suzano’s response to the current complex market conditions in the cellulose industry Suzano explained that the decision to reduce market pulp volume is based on the fact that this production would not yield adequate returns in the present market environment Suzano reassured stakeholders that this adjustment would not affect existing customer contracts or supplier relationships Not including the new Ribas do Rio Pardo pulp mill Suzano's installed production capacity of market pulp is about 10.9 million tons per year