Suzano Papel e Celulose SA (SUZ) has released an update.

Suzano S.A. has announced a reduction in its 2024 market pulp production volume by approximately 4%, citing the current pulp market challenges and the pursuit of higher returns. Despite this decrease, the company assures that this will not affect its commitments to customers and suppliers. Operation at the Ribas do Rio Pardo Unit is progressing as planned, maintaining a production volume of 900 thousand tons for the year.

For further insights into SUZ stock, check out TipRanks’ Stock Analysis page.

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