Suzano Papel e Celulose S.A. (IFC-38230)

Countries
  • Brazil
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Companhia Suzano de Papel e Celulose
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 350.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Oct 23, 2017

Disclosed by Bank Sep 7, 2017


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Project Description
IFC is considering a Loan of approximately US$350 million to Suzano Papel e Celulose S.A. (Suzano, or the company), which is a globally leading, integrated eucalyptus pulp and paper producer. Suzano is in a period of operational consolidation after commissioning two pulp lines in the last 4 years. The majority of its capital expenditures are dedicated to increase and replant its planted forest base and to maintain and “debottleneck” or optimize its installed pulp production capacity to achieve higher production levels while reducing raw material consumption per unit of output. IFC is supporting this effort through a project focusing on investments through the end of 2018 that include: (i) about US$26 million to support “Project 5.1” in optimizing installed pulp production capacity at the Imperatriz mill, (ii), about US$26 million to increase the company’s planted forest base and increase productivity of its planted forest, including through extension services with out-growers, (iii) about US$105 million to maintain the company’s industrial assets, and (iv) about US$193 million to renew the company’s planted forest base (together the project). About one-third of the proposed IFC loan will be for the account of IFC and about two-thirds will be funded by commercial banks.
Investment Description
  • International Finance Corporation (IFC)
Private Actors
Contact Information
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