Suzano Decides to Sell Converted Tissue Products
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Brazilian pulp and paper producer Suzano has informed the market its decision to acquire converting equipment that will enable it to sell finished products in the tissue segment. The company is currently installing two tissue paper machines (PMs) with combined capacity of 120,000 tonnes/yr at its Mucuri and Imperatriz units, scheduled to kick off in the third and fourth quarters of 2017.
Initially, Suzano’s plan was to only produce tissue jumbo rolls to be converted at clients in Brazil and abroad.
"With the decision to sell finished products, the estimated total investment in tissue has been revised from Real 425 million ($138.6 million) to Real 540 million ($176.1 million), considering total annual tissue production capacity of 120,000 tonnes and maximum annual conversion capacity of 60,000 tonnes," the company stated, adding that the ramp-up of tissue production will be gradual.
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