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Suzano announces its intention to build a R$ 600 million factory in Espírito Santo
07/01/2022
Suzano informed on Thursday, the 30th, of its intention to build a tissue paper factory to convert it into toilet paper and paper towels in Aracruz, Espírito Santo, with a capacity of 60 thousand tons per year. The company estimates an investment of around R$ 600 million and an implementation period of approximately two years.
The deal reinforces Suzano's retail segment, an area that the paper and cellulose giant entered in 2018. The factory's strategy goes beyond commodities. The company operates with the brands Mimmo and Floral, among others, in hygiene and cleaning.
Source: Valor Econômico
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