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Investments
6 Months Ended
Jun. 30, 2024
Investments [Abstract]  
Disclosure of investments accounted for using equity method [text block]
14 INVESTMENTS
14.1 Investments breakdown
06/30/202412/31/2023
Investments in associates and joint ventures396,487 355,520 
Goodwill 228,887 228,887 
Other investments evaluated at fair value through other comprehensive income 31,364 23,606 
656,738 608,013 
Investments656,738 608,013 
656,738 608,013 
14.2 Investments in associates and joint ventures
Information of investees as at
Company Participation
06/30/2024Carrying amountIn the income (expenses) for the period
EquityIncome (expenses) of the periodParticipation equity (%)06/30/202412/31/202306/30/202406/30/2023
Associate
Foreign
Ensyn Corporation1,112 (663)25.53 %284 387 (170)(4,304)
Spinnova Plc (1)
520,012 (10,088)18.77 %97,658 95,736 (9,065)(6,706)
97,942 96,123 (9,235)(11,010)
Joint ventures
Domestic (Brazil)
Biomas29,781 (12,923)16.66 %4,962 2,797 (2,001)(175)
Ibema Companhia Brasileira de Papel352,189 38,156 49.90 %175,742 156,703 19,040 21,524 
Foreign
F&E Technologies LLC 11,451  50.00 %5,726 4,987   
Woodspin Oy224,231 (22,275)50.00 %112,115 94,910 (11,318)(9,688)
298,545 259,397 5,721 11,661 
Other investments evaluated at fair value through other comprehensive income31,364 23,606  (232)
31,364 23,606  (232)
427,851 379,126 (3,514)419 
(1)The average share price quoted on the Nasdaq First North Growth Market (NFNGM) was EUR1.60 on June 30, 2024 and EUR2.40 in December 31, 2023).