Suzano has announced a strategic shift in its cellulose production for 2024. The company plans to reduce output by 4% below its nominal capacity, excluding the Cerrado project.
This decision reflects Suzano’s response to the current complex market conditions in the cellulose industry.
Suzano explained that the decision to reduce market pulp volume is based on the fact that this production would not yield adequate returns in the present market environment. Suzano reassured stakeholders that this adjustment would not affect existing customer contracts or supplier relationships.
Not including the new Ribas do Rio Pardo pulp mill, Suzano's installed production capacity of market pulp is about 10.9 million tons per year.