Suzano begins operations after merger with Fibria

P&PC Staff
January 16, 2019
By P&PC Staff
January 16, 2019 – Suzano, the Brazilian-based company resulting from the merger of Suzano Pulp & Paper and Fibria, has begun operations.

The company is already a producer of eucalyptus pulp and one of Latin America’s largest paper manufacturers. The last phase of the transaction was concluded today, when Suzano Pulp & Paper paid R$27.8 billion to Fibria’s shareholders, who in turn became shareholders in Suzano, the company’s new trade name.

"We have successfully realized a dream," says Walter Schalka, CEO of Suzano. "The journey on which we now embark is driven by the aspiration to play a leading role in the advancement of society, to be a reference in the sustainable use of renewable resources and, consequently, to help build a better world, today and tomorrow." 

Related news
Suzano-Fibria deal to create global pulp giant
Suzano launches production of fluff pulp made from hardwood fibre
Brazil approves commercial use of genetically modified eucalyptus

The company will have annual production capacity of 11 million tons of market pulp and 1.4 million tons of paper. Suzano’s competitiveness can be measured by its global footprint, with sales to over 80 countries, as well as by the scale of its operations, with 11 plants in Brazil and approximately 37,000 direct and indirect employees.

"We will combine technologies with an entrepreneurial spirit to go beyond, which will enable us to make a difference in society by positively impacting local communities and the billions of people around the world who use products made from our pulp every day," says Schalka.

Add comment

Disclaimer
Note: By submitting your comments you acknowledge that Pulp and Paper Canada has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that due to the volume of e-mails we receive, not all comments will be published and those that are published will not be edited. However, all will be carefully read, considered and appreciated.


Security code
Refresh

Subscription Centre

 
New Subscription
 
Already a Subscriber
 
Customer Service
 
View Digital Magazine Renew

Most Popular

Latest Events

Paper2019
March 24-26, 2019
PaperCon 2019
May 5-8, 2019

We are using cookies to give you the best experience on our website. By continuing to use the site, you agree to the use of cookies. To find out more, read our Privacy Policy.