In Brazil, Nouryon has signed a 15-year agreement with Suzano, a world leading eucalyptus pulp producer. Under the long-term agreement, Nouryon will commission its sustainable Integrated Manufacturing Model for the new Suzano eucalyptus pulp mill in the municipality of Ribas do Rio Pardo, located in Mato Grosso do Sul, Brazil. The project, called the “Cerrado Project”, is a $2.8 billion pulp mill with annual production capacity of 2.55 million tons per year and one of the largest private-sector investments currently under development in Brazil. The pulp mill production is scheduled to commence in the second half of 2024.
