Suzano

Kimberly-Clark agreed to sell a 51% stake in its international Kleenex and tissue businesses outside North America to a new venture with Suzano SA, valuing the unit at $3.4 billion, with Suzano paying $1.73 billion in cash.

Suzano completed its $110 million cash purchase of a paper mill in Pine Bluff, Arkansas and an extrusion facility in Waynesville, North Carolina from Pactiv Evergreen on October 1, 2024. A long-term supply agreement has Suzano supplying liquid packaging board and cupstock to Pactiv.

Suzano will invest R$490 million (about US$100 million) to convert a pulp line at its Limeira mill into a flexible machine, raising annual fluff pulp capacity from 100,000 to 440,000 tons. Production is expected to start by Q4 2025.

Suzano Papel e Celulose completed the acquisition of Fibria Celulose from Votorantim Participações, BNDES Participações and other shareholders, creating a larger pulp producer.

Suzano began supplying paperboard to BO Packaging do Brasil for making paper cups at its Ponta Grossa plant. The partnership was celebrated at a ceremony on 7 November 2018.