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

  • Brazil
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Companhia Suzano de Papel e Celulose
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Agriculture and Forestry
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 350.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. 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
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed 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
Here you can find a list of individual development financial institutions that finance the project.
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Suzano Papel e Celulose Client -

Contact Information
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ACCOUNTABILITY MECHANISM OF IFC The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at You can learn more about the CAO and how to file a complaint at

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