Brazil’s Suzano Papel e Celulose opens office in Shanghai

6 July 2007

Sao Paulo, Brazil, 6 July – Brazilian pulp and paper company Suzano Papel e Celulose said Thursday it had opened a sales office in Shanghai, China, essentially to serve the Asian market, according to Brazilian newspaper Jornal Economico.

António Maciel Neto, the chairman of Suzano, said in Sao Paulo in March that sales forecasts to Asia in 2007, specifically to China, were above the 26 percent posted in the third quarter of 2006.

Suzano sold 140,000 tons of pulp to Asia in 2006, against 124,000 tons in 2005.

António Maciel Neto said that, “with the entry into production of the second pulp line in Mucuri, in Southern Bahia, which will add a further million tons as of October 2007, Suzano forecasts that Asia’s stake of global sales of pulp will see considerable growth.

Neto also noted that the Chinese plan was to increase paper production from 56 million tons to 80 million tons by the end of the decade, which would require more pulp.

In 2006, Chinese demand for eucalyptus pulp, which is a speciality of Brazilian companies, increased 35 percent, which is higher than the market average of 12 percent. (macauhub)