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General information about financial statements
3 Months Ended
Mar. 31, 2025
Company´s Operations [Abstract]  
Disclosure of Company Operations
1 COMPANY’S OPERATIONS
Suzano S.A. (“Suzano”) and its subsidiaries (collectively the “Company”) is a public company with its headquarters in Brazil, at Avenida Professor Magalhães Neto, No. 1,752 - 10th floor, rooms 1010 and 1011, Bairro Pituba, in the city of Salvador, State of Bahia, and its main business office in the city of São Paulo.
Suzano’s shares are traded on B3 S.A. (“Brasil, Bolsa, Balcão - “B3”), listed in the New Market under the ticker SUZB3, and its American Depositary Receipts (“ADRs”) in a ratio of 1 (one) per common share, Level II, are traded in the New York Stock Exchange (“NYSE”) under the ticker SUZ.
The Company has 16 industrial units, 14 located in Brazil in the cities of Cachoeiro de Itapemirim and Aracruz (Espírito Santo State), Belém (Pará State), Eunápolis and Mucuri (Bahia State), Maracanaú (Ceará State), Imperatriz (Maranhão State), Jacareí, Limeira, Mogi das Cruzes and two units in Suzano (São Paulo State) and Três Lagoas and Ribas do Rio Pardo (Mato Grosso do Sul State) and two units in United States located in the cities of Pine Bluff (Arkansas) and Waynesville (North Carolina). Additionally, it has seven technology centers, four located in Brazil, one in Canada, one in China and one in Israel, 28 distribution centers and four ports, all located in Brazil.
These units produce hardwood pulp from eucalyptus, coated paper, paperboard, uncoated paper and cut size paper and packages of sanitary paper (consumer goods - tissue) to serve the domestic and foreign markets.
Pulp and paper are sold in foreign markets by Suzano, as well as through its wholly-owned subsidiaries and/or its sales offices in Argentina, Austria, China, Ecuador, United States of America and Singapore.
The Company's operations also include the commercial management of eucalyptus forest for its own use, operation of port terminals, and holding of interests, as a partner or shareholder, in other companies or enterprises, and commercialization of electricity generated from its pulp production process.
The Company is controlled by Suzano Holding S.A., through a voting agreement whereby it holds 49.26% of the common shares of its share capital.
These unaudited condensed consolidated interim financial information was authorized by the Board of Directors on May 7, 2025.
1.1 Equity interests
The Company holds equity interests in the following entities:
% equity interest
Entity/Type of investment Main activityCountry03/31/202512/31/2024
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 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) Production of coated and uncoated paperboard, used in the production of Liquid Packaging Board and CupstockUnited States of America100.00 %100.00 %
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 %
Joint operation
Veracel Celulose S.A. (Direct)Industrialization, commercialization and exporting of pulpBrazil50.00 %50.00 %
% equity interest
Entity/Type of investment Main activityCountry03/31/202512/31/2024
Equity
Biomas Serviços Ambientais, Restauração e Carbono S.A. (Direct) Restoration, conservation and preservation of forestsBrazil16.66 %16.66 %
Ensyn Corporation (Direct)Biofuel research and developmentUnited States of America24.80 %24.80 %
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) Production of consumer goods through the transformation of cellulose-based liquidsUnited States of America14.20 %13.91 %
Spinnova Plc (Direct) (“Spinnova”)Research of sustainable raw materials for the textile industryFinland18.76 %18.77 %
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) Software solutions based on artificial intelligence and computer vision for agribusinessBrazil5.82 %5.82 %
Celluforce Inc. (Direct)Nanocrystalline pulp research and developmentCanada8.28 %8.28 %
Lenzing Aktiengesellschaft (Indirect)Production of wood-based cellulose fibersAustria15.00 %15.00 %
Nfinite Nanotechnology Inc. (Indirect)
Research and development of smart nanocoatingsCanada5.00 %5.00 %