Suzano to invest an additional 4.6 billion reais in its Cerrado Project

Brazilian pulpmaker Suzano SA recently announced that it plans to invest an additional 4.6 billion reais ($822 million) in a new wood pulp facility in Mato Grosso do Sul state, Brazil.

 

The additional investment will be in forestry, logistics and a chemical plant that form part of its Cerrado Project. Total spending in that project is anicipated to reach 19.3 billion reais through 2024.

 

Suzano estimates that the cash cost of pulp production at the new facility, not including scheduled maintenance stoppages, will be less than 500 reais per tonne once the project's ramp-up is complete.

 

From the beginning of the second forestry cycle, the cash production cost of pulp, not including maintenance, should fall to less than 400 reais per tonne, accoding to Suzano.