Suzano S.A.

Suzano S.A. is the world's largest eucalyptus pulp producer headquartered in Salvador, Bahia, Brazil. Founded in 1924, with annual revenue of R$123 billion (2025), the company operates 11+ pulp mills and manages 1.3 million hectares of eucalyptus plantations employing 35,000+ people. Dual-listed on B3: SUZB3 / NYSE: SUZ.

Core Business

Suzano is the world's dominant eucalyptus pulp producer, achieving record pulp sales of 12.7 million tonnes in 2025 (up 15% YoY) with total volume of 14.2 million tonnes. The company's unparalleled low-cost production model is based on 1.3 million hectares of sustainably managed eucalyptus plantations in Brazil's tropical climate, which yield the fastest-growing fiber crops globally. Suzano generated R$123 billion in net revenue with R$13.4 billion in net profit and R$21.7 billion in EBITDA — demonstrating best-in-class 52.3% gross margins that are unattainable for competitors in colder climates.

Global Presence

Suzano exports eucalyptus pulp to over 100 countries, supplying the essential raw material for cultural paper, packaging paperboard, tissue, and specialty paper manufacturers worldwide. The company's 11+ pulp mills in Brazil benefit from tropical growing conditions (eucalyptus reaches harvest maturity in just 7 years versus 25-40 years in boreal forests), renewable hydroelectric power, and fully integrated plantation-to-port logistics. Suzano's massive scale and cost leadership position it as the marginal price-setter in the global hardwood pulp market.

Key Strengths

Suzano's unbeatable cost position — derived from tropical eucalyptus plantations yielding the world's lowest pulp production costs — creates an insurmountable competitive moat that no boreal-forest competitor can match. Record operational execution delivering 12.7 million tonnes of pulp sales demonstrates world-class manufacturing capability. The company's R$21.7 billion EBITDA with 52.3% gross margins represents best-in-class profitability in the global pulp and paper industry. Dual-listing on B3 and NYSE provides broad global investor access and deep capital markets liquidity. VerityRank Score of 84/100.