Suzano announced on October 26th a series of projects aimed at expanding its installed production capacity and which will enhance its operational efficiency. It will invest BRL 650 million in the construction of a tissue paper mill in Espírito Santo, where it will also invest BRL 520 million to replace a biomass boiler. The company will also invest BRL 490 million to expand the supply of fluff pulp in São Paulo.

The total investment of BRL 1.66 billion, announced during the disclosure of the third quarter 2023 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. The new fluff- and tissue-based products will reach the market by the end of 2025 and in first quarter 2026, respectively, and will add 340 thousand tons of fluff and 60 thousand tons of tissue to Suzano's production capacity. The third investment announced represents another phase in the process of modernizing its Aracruz Unit.

The new biomass boiler will make the mill more efficient and stable, resulting in environmental gains for the operation. The boiler is slated to go operational in fourth quarter 2025.