- Business
- Suzano S.A. (SUZB3.SA) ranks as the world's largest producer of eucalyptus pulp and one of Latin America's leading manufacturers of pulp and paper products from planted forests; the company maintains vertically integrated operations spanning eucalyptus cultivation, pulp production, and conversion into finished goods including hardwood and fluff pulp for paper and hygiene manufacturers; coated and uncoated printing and writing papers; paperboard for packaging; tissue papers such as toilet paper, napkins, paper towels, and facial tissues under leading brands; lignin for construction, agriculture, and nutrition applications; and emerging cellulose-based textile fibers and yarns. Suzano serves paper producers, packaging firms, publishers, hygiene product makers, consumer markets, and industrial sectors across more than 100 countries with sales offices and distribution worldwide, emphasizing sustainable forestry on 1.7 million hectares of planted eucalyptus and 1.1 million hectares of conservation areas in Brazil. Founded in 1924 and headquartered in Salvador, Brazil, with key administrative offices in São Paulo, the company--formerly Suzano Papel e Celulose S.A., renamed in 2019 following its merger with Fibria--belongs to Group Suzano and employs over 20,000 people. Recent developments include the July 2024 startup of the Ribas do Rio Pardo pulp mill, boosting sales volumes by 28% and net revenue by 16% in Q2 2025 amid lower production costs; the 2025 announcement of a $3.4 billion joint venture with Kimberly-Clark, where Suzano acquires 51% control of a global tissue company operating 22 mills in 14 countries across Europe, Asia, Middle East, Americas, Africa, and Oceania, producing 1 million tonnes annually with $3.3 billion in 2024 sales and licensing iconic brands like Kleenex and Scott (expected to close mid-2026); acquisition of two U.S. mills expanding paperboard capacity by 420,000 tonnes; a 2024 partnership acquiring 15% of Lenzing AG with an option for more; and Q3 2025 results showing 7% lower costs and higher volumes, alongside new AI-driven biodiversity initiatives with Tencent and Ecofuturo at COP30.