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COMPANY'S OPERATIONS (Tables)
12 Months Ended
Dec. 31, 2024
COMPANY'S OPERATIONS  
Summary of equity interest in the entities
The Company holds equity interests in the following entities:
% equity interest
Entity/Type of investment Main activityCountry12/31/202412/31/2023
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 America100.00 %100.00 %
Fibria Overseas Finance Ltd. (Direct) (1)
Financial fundraisingCayman Island 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 America100.00 %100.00 %
FuturaGene Israel Ltd. (Indirect)Biotechnology research and developmentIsrael100.00 %100.00 %
FuturaGene Inc. (Indirect)Biotechnology research and developmentUnited States of America100.00 %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 %
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)Business officeAustria100.00 %100.00 %
Suzano Canada Inc. (Direct)Lignin research and developmentCanada100.00 %100.00 %
Suzano Ecuador S.A.S. (Direct) Business officeEcuador100.00 %100.00 %
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)HoldingNetherlands100.00 %100.00 %
Suzano International Trade GmbH. (Direct)Business officeAustria100.00 %100.00 %
Suzano Packaging LLC (Indirect) (3)
Production of coated and uncoated paperboard, used in the production of Liquid Packaging Board and CupstockUnited States of America100.00 %
Suzano Material Technology Development Ltd. (Direct)Biotechnology research and developmentChina100.00 %100.00 %
Suzano Netherlands B.V. (Direct)Financial fundraisingNetherlands100.00 %100.00 %
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 America100.00 %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) Financial fundraisingChina100.00 %100.00 %
Suzano Singapura Pte. Ltd (Direct)Business officeSingapore100.00 %100.00 %
Suzano Trading International KFT(Direct)Business officeHungary100.00 %100.00 %
Suzano Ventures LLC (Direct)Corporate venture capitalUnited States of America100.00 %100.00 %
% equity interest
Entity/Type of investment Main activityCountry12/31/202412/31/2023
Joint operation
Veracel Celulose S.A. (Direct)Industrialization, commercialization and exporting of pulpBrazil50.00 %50.00 %
Equity
Biomas Serviços Ambientais, Restauração e Carbono S.A. (Direct) Restoration, conservation and preservation of forestsBrazil16.66 %16.66 %
Ensyn Corporation (Direct) (7)
Biofuel research and developmentUnited States of America24.80 %25.53 %
F&E Technologies LLC (Direct/Indirect)Biofuel production, except alcoholUnited States of America50.00 %50.00 %
Ibema Companhia Brasileira de Papel (Direct)Industrialization and commercialization of paperboardBrazil49.90 %49.90 %
Simplifyber, Inc (Indirect) (6)
Production of consumer goods through the transformation of cellulose-based liquidsUnited States of America13.91 %
Spinnova Plc (Direct) (“Spinnova”)Research of sustainable raw materials for the textile industryFinland18.77 %18.78 %
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
Bem Agro Integração e Desenvolvimento S.A. (Indirect) (4)
Software solutions based on artificial intelligence and computer vision for agribusinessBrazil5.82 %
Celluforce Inc. (Direct)Nanocrystalline pulp research and developmentCanada8.28 %8.28 %
Lenzing Aktiengesellschaft (Indirect) (5)
Production of wood-based cellulose fibersAustria15.00 %
Nfinite Nanotechnology Inc. (Indirect) (2)
Research and development of smart nanocoatingsCanada5.00 %
(1)On March 27, 2024, the entity was liquidated.
(2)On March 8, 2024, Suzano Ventures LLC acquired an equity interest in the legal entity Nfinite Nanotechnology Inc., which is an associate of Suzano S.A.
(3)On July 9, 2024, establishment of legal entity with is a subsidiary of Suzano S.A
(4)On July 19, 2024, Suzano Ventures LLC acquired an equity interest in the legal entity Bem Agro Integração e Desenvolvimento S.A., which is an associate of Suzano S.A.
(5)On August 30, 2024, Suzano International Trade GmbH acquired an equity interest in the legal entity Lenzing Aktiengesellschaft (note 1.2.5), which is an associate of Suzano S.A.
(6)On December 13, 2024, Suzano Ventures LLC acquired an equity interest in the legal entity Simplifyber, Inc., which is an associate of Suzano S.A.
(7)On July 30, August 30 and December 31, 2024, there was a change in the percentage of participation due to the dilution of shares.