Suzano Announces Plan to Establish New Factory in Aracruz, Espírito Santo, With Potential Production of 60,000 Tons of Paper

Written by Roberta Souza

Published on 30/06/2022 at 18:21

Updated on 30/06/2022 at 19:43

Imagem: Reprodução do site “The Capital Advisor”

Seja o primeiro a reagir!

With an Investment of Around R$ 600 Million, the Giant National Company Suzano Aims to Build a New Industrial Unit in Espírito Santo

Suzano, the largest global producer of eucalyptus cellulose and one of the top 10 market pulp producers, announced on June 30 its intention to proceed with a project to construct a facility located in the city of Aracruz, in the state of Espírito Santo. The new factory, which will be focused on the production of tissue paper and conversion into paper towels and toilet paper, is expected to have the capacity to generate 60,000 tons per year.

The Brazilian paper and cellulose company – which is recruiting candidates for various job openings – estimates a significant investment of around 600 million reais for the construction of the new factory in Espírito Santo. Additionally, Suzano states that the total duration of construction is expected to be two years, considering the date of project approval.

Company Depends on Espírito Santo Authorities to Execute the Project with ICMS Credits

According to a statement sent by the company to the Securities and Exchange Commission (CVM) and reported by the news outlet Broadcast, Suzano intends to use its available ICMS credits in Espírito Santo for the construction of the factory. It stated: “Suzano intends to make the investment using the balance of ICMS credits it has in the state, which will depend on the presentation of a specific project and authorization from the competent authorities.”

ARTICLE CONTINUES BELOW

About Suzano

Suzano is a Brazilian paper and cellulose company, founded in 1924. It is the world leader in the paper market, being the largest global producer of eucalyptus cellulose and one of the top 10 pulp producers. The national giant is headquartered in Salvador and has its administrative office in São Paulo, with factories spread across Brazil and operations in about 60 other countries.

Its operation is divided into three business units: Paper, Cellulose, and Forestry.

The company has a strong base of research and innovation, as well as a robust international presence, having made direct investments in startups. Futuragene, for example, which is a biotechnology company focused on forest improvement, is currently a wholly-owned subsidiary of Suzano.

Check Also:

Suzano to Invest US$ 70 Million in Program to Encourage Startups, Aiming to Propel Open Innovation in the Low Carbon Area

Suzano, the largest global producer of eucalyptus cellulose, announced the launch of Suzano Ventures, the company’s Corporate Venture Capital (CVC). The initiative will allocate US$ 70 million in resources to invest in and support startups. Through this, Suzano aims to accelerate the process of open innovation and become a global platform in promoting entrepreneurship aimed at solutions for the bioeconomy based on planted forests.

The company stated in a communication sent to the Securities and Exchange Commission (CVM) that the focus of the investments made by Suzano Ventures will be on technologies and applications of cellulosic biomass; agrotechnology companies that accelerate agroforestry productivity; cellulosic packaging; and the capture, measurement, and management of carbon, in businesses ranging from the laboratory phase (pre-seed) to more structured ones (Series A).

To learn more, just click here and check this article in full.

Suzano Announces Plan to Establish New Factory in Aracruz, Espírito Santo, With Potential Production of 60,000 Tons of Paper

With an Investment of Around R$ 600 Million, the Giant National Company Suzano Aims to Build a New Industrial Unit in Espírito Santo

Company Depends on Espírito Santo Authorities to Execute the Project with ICMS Credits

About Suzano

Check Also:

Suzano to Invest US$ 70 Million in Program to Encourage Startups, Aiming to Propel Open Innovation in the Low Carbon Area

On the Greek island of Ithaca, archaeologists have found what may be a sanctuary dedicated to the legendary Odysseus, with inscriptions bearing his name and votive offerings that span from the Mycenaean to the Hellenistic era.

Scientists enter a narrow, flooded cave 500 meters deep and find giant dinosaur footprints on the ceiling measuring up to 1.25 meters, preserved in such a rare way that a new type of trace had to be created.

Spain surprises the world by erecting 62 artificial dunes, mixing sand with natural remains of posidonia, and causing the structure to lose only 1.4% of its volume in 1 year.

After two years of internal discussions, Paraguay has finally regulated the law that opens the country to foreign technology and service companies with tax incentives that promise to create thousands of jobs and change the economy.

Map reveals how the Earth may look in 250 million years: continents will reunite in the Last Pangaea, 92% of the planet could become uninhabitable for mammals, and Spain appears among the rare possible exceptions.

Why fighter pilots never return after ejecting: the seat launches the body at 600 km/h in 1 second, compresses the spine, reduces G tolerance, and leads to medical disqualification, not punishment.

With 1,000 buses sent abroad, the Brazilian manufacturer consolidates the strength of national technology and takes on a leading role in public transportation across all of Latin America.

They seemed like common bones, but scientists were surprised to find a relic over 12,000 years old that dates back to before the Bronze Age.

The factory shows how PHC piles and precast tubes are made; steel turns into a welded cage, high-strength concrete enters the mold, spins in centrifugation, cures in steam, and is ready in hours.

With an almost perfect ring of 70 km visible from space, known as the “Eye of Quebec” and over 100 km in length, the Manicouagan Crater in Canada reveals the colossal mark left by a giant asteroid and has become one of the most impressive formations ever identified on the Earth’s surface.

A 68-year-old pizza delivery driver went off route to buy a soda that was missing from a visually impaired customer’s order, refused an extra tip, and now Dan Simpson has over R$ 546,000 in donations from people around the world who want to ensure he can retire peacefully on April 30.

Scientists have found in China dinosaur embryos dating back 190 million years in various stages of development, and the discovery still preserves traces of extremely rare proteins in the bones, something that could change what is known about life before hatching.

Suzano Announces Plan to Establish New Factory in Aracruz, Espírito Santo, With Potential Production of 60,000 Tons of Paper

With an Investment of Around R$ 600 Million, the Giant National Company Suzano Aims to Build a New Industrial Unit in Espírito Santo

Company Depends on Espírito Santo Authorities to Execute the Project with ICMS Credits

About Suzano

Check Also:

Suzano to Invest US$ 70 Million in Program to Encourage Startups, Aiming to Propel Open Innovation in the Low Carbon Area

On the Greek island of Ithaca, archaeologists have found what may be a sanctuary dedicated to the legendary Odysseus, with inscriptions bearing his name and votive offerings that span from the Mycenaean to the Hellenistic era.

Scientists enter a narrow, flooded cave 500 meters deep and find giant dinosaur footprints on the ceiling measuring up to 1.25 meters, preserved in such a rare way that a new type of trace had to be created.

Spain surprises the world by erecting 62 artificial dunes, mixing sand with natural remains of posidonia, and causing the structure to lose only 1.4% of its volume in 1 year.

After two years of internal discussions, Paraguay has finally regulated the law that opens the country to foreign technology and service companies with tax incentives that promise to create thousands of jobs and change the economy.

Map reveals how the Earth may look in 250 million years: continents will reunite in the Last Pangaea, 92% of the planet could become uninhabitable for mammals, and Spain appears among the rare possible exceptions.

Why fighter pilots never return after ejecting: the seat launches the body at 600 km/h in 1 second, compresses the spine, reduces G tolerance, and leads to medical disqualification, not punishment.

With 1,000 buses sent abroad, the Brazilian manufacturer consolidates the strength of national technology and takes on a leading role in public transportation across all of Latin America.

The factory shows how PHC piles and precast tubes are made; steel turns into a welded cage, high-strength concrete enters the mold, spins in centrifugation, cures in steam, and is ready in hours.

A fine of R$ 115 thousand puts Goodyear at the center of an environmental case in Americana after oil and grease appeared in a stream and the company was forced to act quickly.

Small house with natural light becomes a trend in sustainable architecture and reveals how smart designs reduce energy consumption and enhance comfort in compact spaces.

Guaratuba Bridge enters the final phase with high-standard road signage implemented by IASIN and inauguration scheduled for April 2026.

A homeless person in Los Angeles built their own wooden house with a garden at the entrance, a bed, a television, and a bathing area, and is now selling identical mini houses for $150 to other homeless individuals who prefer anything over returning to plastic tents.

They seemed like common bones, but scientists were surprised to find a relic over 12,000 years old that dates back to before the Bronze Age.

The factory shows how PHC piles and precast tubes are made; steel turns into a welded cage, high-strength concrete enters the mold, spins in centrifugation, cures in steam, and is ready in hours.

With an almost perfect ring of 70 km visible from space, known as the “Eye of Quebec” and over 100 km in length, the Manicouagan Crater in Canada reveals the colossal mark left by a giant asteroid and has become one of the most impressive formations ever identified on the Earth’s surface.

A 68-year-old pizza delivery driver went off route to buy a soda that was missing from a visually impaired customer’s order, refused an extra tip, and now Dan Simpson has over R$ 546,000 in donations from people around the world who want to ensure he can retire peacefully on April 30.

Scientists have found in China dinosaur embryos dating back 190 million years in various stages of development, and the discovery still preserves traces of extremely rare proteins in the bones, something that could change what is known about life before hatching.