A Suzano (SUZB3) said it should reduce market pulp production volume by 4% throughout 2023 compared to nominal capacity and historical volumes, according to material fact this Friday.
The company said that the volume would not bring adequate return at a time of “more complex” pulp market. The change will not modify contracts with customers and suppliers, informed the Suzano.
Suzano uses eucalyptus pulp production to supply 100% of its demand for paper manufacturing, and the remainder is sold, earning the name market pulp.
Suzano’s installed capacity for the production of market pulp was 10.9 million tons per year at the end of 2022.
The volume makes Suzano the largest market pulp producer in the world, according to the company, which cites the specialized consultancy Hawkins Wright.
Source: Moneytimes
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