[ad_1]
"Brazil should be proud of the level of competitiveness that its new company will have"
Walter Schalka, president of Suzano
A Suzano company resulting from the merger between Suzano Papel e Celulose and Fibria, begins its activities today. The company is already a world leader in the production of eucalyptus pulp and one of the largest paper manufacturers in Latin America. The agreement, announced in March 2018, has been submitted to all national and international regulatory authorities for approval. The final stage of the operation was carried out today after Suzano Papel e Celulose paid out RB 27.8 billion to Fibria shareholders, who became shareholders of Suzano, the company's new brand.
"We have successfully concluded a dream The journey that begins now is motivated by the desire to be the protagonists of the evolution of society and the reference in the sustainable use of renewable resources and, from that, to contribute to building a better world, now and in the future, "said Walter Schalka, President. from Suzano.
The company is already established with a production capacity of 11 million tonnes of market pulp and 1.4 million tonnes of paper per year. Suzano's competitiveness is measured by its global presence, with sales in more than 80 countries and exports of 26 billion rubles a year, and the size of its operations, with 11 factories spread across the country and around 37 000 direct and indirect employees.
In this process of integrating the two companies, the union of operational best practices with engaged people who transform, generate and share value, as well as suppliers, customers, shareholders and all other audiences, will be fundamental. We are going to link technology to entrepreneurship to go further. This is how we will make a difference in society by having a positive impact on the communities in which we operate, up to billions of people who use our pulp products daily. "
The company also understands Sustainability goes hand in hand, so the sum of technology, entrepreneurship, and responsible agriculture will continue to drive business growth and continuity. [19659004] The last stage of the company is completed today and is the result of strategic work developed throughout 2018. (31/05), China (31/08), Turkey (06/09), Europe (29/11) and Brazil (CADE – Defense Administrative Council
At the same time, the planned capital market milestones were successfully completed and in December 2018, the Company began trading ADS ( American Depositary Shares ) on the NYSE (NYSE) NYSE listing increases liquidity and visibility and appreciation of the company abroad. the merger, Suzano integrated its shares in Fibria and uses the acrony me "SUZ" for the trading of its securities through the B3 exchanges in Brazil and the New York Stock Exchange.
"We are enthusiastic about transformations, Suzano is living and we are strengthening the commitment to continue to contribute to the development of Brazil and the promotion of education and culture. , health and well-being of people's lives, "said Schalka
Source link
