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COMPANY'S OPERATIONS (Tables)
12 Months Ended
Dec. 31, 2023
COMPANY'S OPERATIONS  
Summary of equity interest in the entities
% equity interest
Entity/Type of investment Main activityCountryDecember 31, 2023December 31, 2022
Consolidated
F&E Tecnologia do Brasil S.A. (Direct)Biofuel production, except alcoholBrazil100.00 %100.00 %
Fibria Celulose (USA) Inc. (Direct)Business officeUnited States of America 100.00 %100.00 %
Fibria Overseas Finance Ltd. (Direct)Financial fundraisingCayman Island100.00 %100.00 %
Fibria Terminal de Celulose de Santos SPE S.A. (Direct)Port operationsBrazil100.00 %100.00 %
FuturaGene Ltd. Biotechnology research and developmentEngland100.00 %100.00 %
FuturaGene Delaware Inc. (Indirect)Biotechnology research and developmentUnited States of America 100.00 %100.00 %
FuturaGene Israel Ltd. (Indirect)Biotechnology research and developmentIsrael100.00 %100.00 %
FuturaGene Inc. (Indirect)Biotechnology research and developmentUnited States of America 100.00 %100.00 %
Maxcel Empreendimentos e Participações S.A. (Direct) HoldingBrazil100.00 %100.00 %
Itacel - Terminal de Celulose de Itaqui S.A. (Indirect)Port operationsBrazil100.00 %100.00 %
MMC Brasil Indústria e Comércio Ltda (Direct) (1)
Industrialization and commercialization of wipes, cleaning and sanitary and personal hygiene products.Brazil %
Mucuri Energética S.A. (Direct)Power generation and distributionBrazil100.00 %100.00 %
Paineiras Logística e Transportes Ltda. (Direct)Road freight transportBrazil100.00 %100.00 %
Portocel - Terminal Espec. Barra do Riacho S.A. (Direct)Port operationsBrazil51.00 %51.00 %
Projetos Especiais e Investimentos Ltda. (Direct)Commercialization of equipment and partsBrazil100.00 %100.00 %
SFBC Participações Ltda. (Direct)Packaging productionBrazil100.00 %100.00 %
Stenfar S.A. Indl. Coml. Imp. Y. Exp. (Direct)Commercialization of paper and computer materialsArgentina100.00 %100.00 %
Suzano Austria GmbH. (Direct)Financial fundraisingAustria100.00 %100.00 %
Suzano Canada Inc. (Direct)Lignin research and developmentCanada100.00 %100.00 %
Suzano Ecuador S.A.S. (Direct) (2)
Business officeEcuador100.00 %
Suzano Finland Oy (Direct)Industrialization and commercialization of cellulose, microfiber cellulose and paperFinland100.00 %100.00 %
Suzano International Finance B.V (Direct) Financial fundraisingNetherlands100.00 %100.00 %
Suzano International Holding B.V (Direct) (3)
HoldingNetherlands100.00 %
Suzano International Trade GmbH. (Direct)Business officeAustria100.00 %100.00 %
Suzano Material Technology Development Ltd. (Direct) Biotechnology research and developmentChina100.00 %100.00 %
Suzano Netherlands B.V. (Direct) (3)
Financial fundraisingNetherlands100.00 %
Suzano Operações Industriais e Florestais S.A. (Direct)Industrialization, commercialization and exporting of pulpBrazil100.00 %100.00 %
Suzano Pulp and Paper America Inc. (Direct)Business officeUnited States of America 100.00 %100.00 %
Suzano Pulp and Paper Europe S.A. (Direct)Business officeSwitzerland100.00 %100.00 %
Suzano Shanghai Ltd. (Direct)Business officeChina100.00 %100.00 %
Suzano Shanghai Trading Ltd. (Direct) (4)
Business officeChina100.00 %
Suzano Singapore Pte. Ltd (Direct) (5)
Business officeSingapore100.00 %
Suzano Trading International KFT(Direct)Business officeHungary100.00 %100.00 %
Suzano Ventures LLC (Direct) Corporate venture capitalUnited States of America 100.00 %100.00 %
Joint operation
Veracel Celulose S.A. (Direct) Industrialization, commercialization and exporting of pulpBrazil50.00 %50.00 %
% equity interest
Entity/Type of investment Main activityCountryDecember 31, 2023December 31, 2022
Equity
Biomas Serviços Ambientais, Restauração e Carbono S.A. (Direct) (6)
Restoration, conservation and preservation of forestsBrazil16.66 %100.00 %
Ensyn Corporation (Direct) (7)
Biofuel research and developmentUnited States of America 25.53 %26.59 %
F&E Technologies LLC (Direct/Indirect)Biofuel production, except alcoholUnited States of America 50.00 %50.00 %
Ibema Companhia Brasileira de Papel (Direct)Industrialization and commercialization of paperboardBrazil49.90 %49.90 %
Spinnova Plc (Direct) (“Spinnova”)Research of sustainable raw materials for the textile industryFinland18.78 %19.03 %
Woodspin Oy (Direct/Indirect) (“Woodspin”)Development and production of cellulose-based fibers, yarns and textile filamentsFinland50.00 %50.00 %
Fair value through other comprehensive income
Celluforce Inc. (Direct)Nanocrystalline pulp research and developmentCanada8.28 %8.28 %
(1)On June 1, 2023, the Company completed the acquisition of MMC Brasil and on November 1, 2023 the legal entity has fully merged by Suzano S.A. (Note 1.2.3.)
(2)On March 8, 2023, establishment of legal entity with full equity interest from Suzano S.A.
(3)On December 13, 2023, establishment of legal entity with full equity interest from Suzano S.A.
(4)On May 19, 2023, establishment of legal entity with full equity interest from Suzano S.A.
(5)On May 23, 2023, establishment of legal entity with full equity interest from Suzano S.A.
(6)On February 27 and March 21, 2023, equivalent contributions were made by the six shareholders of Biomas to constitute an equity interest (Note 1.2.6).
(7)On May 17, 2023, and on October 18, 2023the percentage of interest was changed due to the dilution of the shares.