SÃO PAULO, BRAZIL - Salvador-based Suzano has announced an investment plan of R$ 4.4 (US$ 1.1) billion for the year 2020, which will be applied to maintenance and expansion of its business.
According to the company, R$3.6 billion will go to maintenance, and the expansion and modernization projects will have a disbursement of approximately R$300 million.
In addition, Suzano will invest an additional R$400 million in the acquisition and/or formation of land and forests. And the ongoing projects in the ports of São Paulo and Maranhão will move approximately R . . .
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