Suzano announced that its market pulp production volume over the next 12 months of the operational cycle — from this date forward — will be lower by approximately 3.5% when compared to its nominal capacity of market pulp production per year.

According to Suzano's latest investor presentation, the company produces about 13.4 million tons of market pulp per year.

Suzano said the decision to reduce its production of market pulp is based on the assessment that such production volume would not generate adequate returns for the company, given a more challenging pulp market environment.

Suzano is the largest hardwood pulp producer in the world, operating eight pulp mills in Brazil with a combined production capacity of 13.4 million tons per year of pulp.

Source:paperage.com