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General information about financial statements
 9 Months Ended
Sep. 30, 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).
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.
The Company also has six technology centers, four located in Brazil, one in China and one in Israel focused on product development and industrial process improvement.
In addition, it has a global logistics structure that supports its commercial and export operations. In Brazil, the Company has 29 distribution centers and four ports, strategically located for the distribution of its products. Abroad, the structure consists of approximately 73 terminals, distributed across Asia, Europe, the United States, Ecuador, and Argentina.
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 49.28% of the common shares of its share capital.
These unaudited condensed consolidated interim financial information was authorized by the Board of Directors on November 5, 2025.
1.1 Equity interests
The Company holds equity interests in the following entities:
% equity interest
Entity/Type of investment Main activityCountry09/30/202512/31/2024
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 Ltda.Biotechnology research and developmentEngland100.00%100.00%
FuturaGene Delaware Inc. (Indirect)Biotechnology research and developmentUnited States of America100.00%100.00%
FuturaGene Israel Ltda. (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 Ltda. (Direct)Business officeChina100.00%100.00%
Suzano Shanghai Trading Ltda. (Direct) Business officeChina100.00%100.00%
Suzano Singapura Pte. Ltda. (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 activityCountry09/30/202512/31/2024
Equity
Allotrope Energy Ltd (Indirect) (2)
Research and development of battery technology based on carbon derived from lignin biomassEngland20.00%
Biomas Serviços Ambientais, Restauração e Carbono S.A. (Direct) Restoration, conservation and preservation of forestsBrazil16.66%16.66%
Muçununga Serviços Ambientais, Restauração e Carbono Ltda. (Indirect) (1)
Restoration, conservation and preservation of forestsBrazil8.33%
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 nanocoatingsCanada4.90%5.00%
(1) On September 24, 2025, Biomas Serviços Ambientais, Restauração e Carbono S.A. reduced its ownership interest in Muçununga Serviços Ambientais, Restauração e Carbono Ltda. from 100% to 50%, which remains an indirect investee of Suzano S.A.
(2) On September 30, 2025, pursuant to the Advance Subscription Agreement (ASA) entered into in December 2022, the investment made through Suzano Ventures in Allotrope Energy Ltd, held indirectly by Suzano S.A., was converted into Series Seed preferred shares, corresponding to 20% of the investee's share capital.
1.2 Major events in the nine-month period ended September 30, 2025
1.2.1 Acquisition of an interest in a global tissue business
On June 5, 2025, the Company announced that its wholly owned subsidiary, Suzano International Holding B.V., incorporated in the Netherlands, entered into an Equity and Asset Purchase Agreement with Kimberly-Clark Corporation (“K-C”) for the acquisition of 51% equity interest (the “Transaction”) in a newly formed company in the Netherlands (“Target Company”).
The Transaction involves the acquisition of assets and businesses related to the manufacturing, marketing, distribution, and sale of tissue products in selected jurisdictions across the Americas, Europe, Asia, Africa, and Oceania. The Transaction includes 22 production facilities located in 14 countries. In addition, certain regional brands will be transferred to the Target Company, and certain global brands will be licensed by K-C to the Target Company in the relevant regions on a royalty-free, long-term basis.
K-C will retain the remaining 49% ownership interest in the Target Company. The Transaction also includes a call option granted to Suzano to acquire K-C’s remaining 49% stake, exercisable from the third anniversary of the closing date or, under certain conditions, earlier.
The agreed purchase price for the 51% interest is US$1,734 billion (equivalent to R$9,222 billions), to be paid in cash in full at closing, is subject to customary adjustments applicable to transactions of this nature. The closing of the transaction is subject to the satisfaction of customary precedent conditions, including regulatory approvals and local corporate reorganizations, and is expected to occur by mid-2026.
In accordance with CPC 15 (R1) / IFRS 3 – Business Combinations, the Company will assess, on the closing date, the appropriate accounting treatment of the transaction, based on its final scope and the nature of the assets and operations transferred to the Target Company.
As of the issuance date of these financial statements, the Transaction has not had any accounting impacts on the Company’s consolidated interim financial information.