Suzano to Keep Its Pulp Output Below Capacity on Weaker Dollar

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000US Dollar:Brazil’s Suzano SA, one of the world’s top exporters of pulp, plans to keep production below full capacity through 2026 as a weakening US dollar hurts revenue, Chief Executive Officer Joao Alberto Abreu said.The company reports results in Brazilian reais, but most of its sales are done in US dollars and recent weakness for the greenback has held back sales figures. Abreu said the company is focusing on reducing costs and will keep its production roughly 3.5% lower than its total capacity through the end of 2026, after scaling back to those levels last year.
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