Suzano-Fibria deal to create global pulp giant

P&PC Staff
March 20, 2018
By P&PC Staff
Mar. 20, 2018 - Suzano Papel e Celulose has announced it is acquiring the assets and shares of Fibria Celulose S.A., a move that will create the largest Brazilian company in the agribusiness sector and the fifth largest non-financial company in the country, it says.

“The move strengthens Brazil’s forestry industry. The combination of Fibria and Suzano will most certainly consolidate their paths of sustained development, operational excellence, individual dedication and talent, respect for the environment and local communities and contributing to the country,” said Marcelo Castelli, CEO of Fibria, a Brazilian eucalyptus pulp producer.

The company resulting from this combination will have 37,000 employees and contractors, with assets in Brazil and around the world. Its 11 industrial units will produce annually 11 million tonnes of market pulp and 1.4 million tonnes of paper, with annual exports of around BRL 18 billion and investments planned for 2018 of about BRL 6.4 billion.

“Our dream of creating this company is now becoming a reality,” said Walter Schalka, CEO of Suzano Papel e Celulose. “We plant, harvest, produce and transform pulp, a renewable raw material that is the basis for products that are part of the lives of people all over the world.”

Add comment

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

Subscription Centre

New Subscription
Already a Subscriber
Customer Service
View Digital Magazine Renew

Most Popular

Latest Events

BIOFOR International 2019
February 4-7, 2019
PaperWeek Canada 2019
February 4-7, 2019
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.