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Suzano S.A. (SUZ)
After hours:
- Reuters
Suzano to maintain capital discipline, CEO says amid potential IP deal
Brazilian pulpmaker Suzano will maintain its capital discipline and would not make any move solely aimed at growing, as it is focused on adding value for shareholders, Chief Executive Walter Schalka said on Friday. Reuters reported earlier this week, citing sources familiar with the matter, that Suzano had approached U.S.-based International Paper to express interest in an all-cash acquisition that would be worth almost $15 billion. In statements, Suzano - the world's largest pulp manufacturer - said no decision about a potential deal had been made by its management.
- Business Wire
SPINNOVA® Fibre Manufacturer Woodspin Awarded FSC® Chain of Custody Certification
JYVÄSKYLÄ, Finland, May 10, 2024--Woodspin, the exclusive producer and distributor of wood-based SPINNOVA® fibre, has obtained Forest Stewardship Council® (FSC) Chain of Custody certification. This recognizes that wood used by Woodspin for its manufacturing can be fully traced from its origin to the final fibre product, providing its customers with the assurance of sustainable sourcing.
- Business Wire
Suzano announces first quarter results and Cerrado Project nears completion
SÃO PAULO, May 09, 2024--Suzano, the world’s largest pulp producer, which celebrates its centenary this year, announces its financial results for the first quarter of 2024 (1Q24). The highlight of the period is the progress of the Cerrado Project, the largest ever capital investment project by the company. The new pulp mill, under construction in the municipality of Ribas do Rio Pardo, Mato Grosso do Sul state, is now 94% complete and will be operational in a few weeks. It will be the largest si
