In Ribas do Rio Pardo, in Mato Grosso do Sul, the new plant will be the largest single pulp production line in the world. Many jobs will be created

Yesterday, May 13, Suzano announced that it will build a new factory in Ribas do Rio Pardo, located 100 km from the capital of Mato Grosso do Sul. The company, considered a global reference in the manufacture of bioproducts developed from the cultivation of eucalyptus, will invest approximately R$ 14,7 billion in the project, which could generate many jobs for the region during the works. With the contribution, the venture will be one of the largest private investments underway in Brazil. See also: New Suzano factory is inaugurated in Espírito Santo and the company announces investments of R$ 782 million in the state

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The new Suzano factory in the state of Mato Grosso do Sul

Suzano's new unit, named “Projeto Cerrado” in reference to its geographic location in Mato Grosso do Sul, will expand, by approximately 20%, the company's current pulp production capacity. company. In addition, the factory in Ribas do Rio Pardo will be the company's most competitive factory.

Walter Schalka, CEO of Suzano says that this new factory will represent an important step forward in the company's long-term strategy. He also points out that the new unit in the state of Mato Grosso do Sul will also bring a relevant contribution to the generation of income and jobs for the region, as well as the ability to capture carbon, resulting from the expansion of the forestry base.

Suzano development in Mato Grosso do Sul will contribute to carbon capture

The new unit will be able to mitigate the effects of climate change related to the increased supply of renewable energy generation in the country, with capacity to export approximately 180 average MW to the Brazilian electrical system. This new project by Suzano is on track to be the first unit in the pulp and paper sector in the country to be considered fossil fuel free, a new milestone for the company in terms of eco-efficiency, which demonstrates its commitment to society and the planet.

The implementation of the project, which will have the capacity to produce 2,3 million tons of eucalyptus pulp annually, will result in the largest single-line pulp mill in the world, but still depends on precedent conditions, such as compliance with the parameters established in Suzano's Financial Policy and negotiations with suppliers. The Cerrado Project will have the company's cash generation as its main source of funds, which may be complemented with financing, provided that the conditions are attractive in terms of cost and term.

Generation of jobs and income with the new factory in Mato Grosso do Sul

During the construction of the new factory in Ribas do Rio Pardo, around 10 direct jobs should be generated at the peak of the work, in addition to thousands of indirect jobs throughout the Mato Grosso do Sul region. When completed, the new plant will be able to generate 3 direct jobs among own employees and third parties.

Reinaldo Azambuja, the governor of Mato Grosso do Sul, says that the government has prepared Mato Grosso do Sul to diversify its economy and transform itself into a new barn of business and investment opportunities. The governor says that he has been investing in infrastructure and, with that, guaranteeing competitiveness to commodities. In addition to the state's tax incentive program, the state government has created thousands of jobs and attracted more industries, keeping the pace of economic growth even throughout the state.

According to Azambuja, Suzano's announcement about the construction of the factory in Ribas do Rio Pardo demonstrates that the company is on the right path, transforming Mato Grosso do Sul into a state of opportunities for all, with sustainability and quality of life for the population.