BNDES Approves R$ 411.4 million for Innovation and industrial modernization at Suzano.

PAPER INDUSTRY NEWS

Jino John

3/31/20262 min read

The Brazilian National Bank for Economic and Social Development (BNDES) has approved financing totaling R$ 411.4 million for Suzano through the BNDES Mais Inovação program . The funds will be used to modernize industrial units and advance the company's research, development, innovation, and digitalization plan.

Of the total, R$ 280 million will be allocated to the acquisition of machinery and equipment with Internet of Things (IoT) technology, as well as remote control and monitoring systems for operations. Another R$ 131.4 million will be invested in research and development projects focused on technological innovation.

With financial costs tied to the Reference Rate (TR), the financing will allow for the modernization of industrial machinery and systems, as well as the expansion of connectivity through the acquisition of IT and automation equipment. The project is also aligned with the goals of the UN Sustainable Development Goals (SDGs), with impacts on decent work and economic growth, innovation and infrastructure, and the reduction of inequalities.

According to the president of BNDES , Aloizio Mercadante , the bank's support is strategic for strengthening national industry. “The supported projects seek to increase the productivity, sustainability, and competitiveness of companies in a sector with great export potential, in line with the guidelines of the New Industry Brazil, the industrial policy of President Lula's government,” emphasized the president of BNDES, Aloizio Mercadante. “Through tree growth, the activity promotes the capture of CO2 from the atmosphere, reducing the availability of gases that cause the greenhouse effect.”

Suzano's Executive Vice President of Finance and Investor Relations, Marcos Assumpção , highlighted the impact of the investments on the company's operations. “These new investments will enhance the competitiveness of our operations, especially forestry, allowing Suzano to remain among the companies with the lowest pulp production costs in the world. As global leaders in the sector, our challenge is to ensure that we are prepared to generate results in any price scenario,” he stated.

At the end of 2025, BNDES also approved another financing, in the amount of R$ 451.7 million, for modernization, revitalization of structures and expansion of the company's storage capacity. The resources come from the Finem and Climate Fund lines.

Suzano's R&D investment plan includes 49 initiatives focused on innovation in industrial and forestry products and processes, including projects in the areas of genetics, forest management, paper, pulp, and innovation management. These actions are being developed across various company units in the country.

The initiatives involve collaboration with institutions such as Embrapa , Senai , Embrapii , the Institute for Forestry Research and Studies , and the Euvaldo Lodi Institute , as well as federal and state universities.