Suzano Announces Investment Of R$1.66B In New Tissue Paper Mill, Expand Fluff Pulp Capacity And New Biomass Boiler
Portfolio Pulse from Benzinga Newsdesk
Suzano has announced a series of projects to expand its production capacity and improve operational efficiency. The company will invest R$1.66 billion in a new tissue paper mill, a biomass boiler replacement, and an expansion of fluff pulp supply. This investment aligns with Suzano's strategic business avenues and its commitment to adapt to evolving demand.
October 27, 2023 | 6:08 am
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Suzano's R$1.66 billion investment in expanding production and operational efficiency could potentially boost its market position and profitability in the short term.
The investment in expanding production capacity and improving operational efficiency indicates Suzano's proactive approach to meeting market demand. This could potentially lead to increased sales and profitability, positively impacting its stock price in the short term.
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