Suzano S.A 6-K, filed Oct 28, 2021
Suzano S.A. (SUZ)
About this 6-K
Suzano S.A filed this 6-K on October 28, 2021.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October, 2021.
Commission File Number 001-38755
Suzano S.A.
(Exact name of registrant as specified in its charter)
SUZANO INC.
(Translation of Registrant’s Name into English)
Av. Professor Magalhaes Neto, 1,752
10th Floor, Rooms 1010 and 1011
Salvador, Brazil 41 810-012
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ⌧ Form 40-F ◻
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ◻
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ◻
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: October 28, 2021 | | |
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SUZANO S.A. | ||
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By: | /s/ Marcelo Feriozzi Bacci | |
Name: | Marcelo Feriozzi Bacci | |
Title: | Chief Financial Officer and Investor Relations Director |
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Exhibit 99.1
MATERIAL FACT
SUZANO S.A.
Publicly-Held Company with Authorized Capital
Corporate Taxpayer ID (CNPJ/ME): 16.404.287/0001-55
Company Registration (NIRE): 29.3.0001633-1
São Paulo, October 28, 2021 – Suzano S.A. (“Company” or “Suzano”) (B3: SUZB3 / NYSE: SUZ), in compliance with the provisions in CVM Resolution No. 44, of August 23, 2021 and CVM Instruction No. 480, of December 7, 2009, as amended, and further to the Material Fact disclosed by the Company on May 12, 2021, hereby informs that, on the present date, the Company's Board of Directors in view of the fulfillment of the necessary conditions precedent, effectively authorized the investments necessary for the execution of Project Cerrado, which consists of the construction of a new pulp production plant in the municipality of Ribas do Rio Pardo, in the state of Mato Grosso do Sul (“Project Cerrado”), resolving, therefore, for its final approval.
The new plant will have a nominal capacity of 2,550,000 (two million, five hundred and fifty thousand) tons of eucalyptus pulp production per year, thus exceeding the nominal annual capacity initially forecast of 2,300,000 (two million and three hundred thousand) tons. The Company estimates that the new plant will start operating in the second semester of 2024.
The Industrial capital investment remains estimated at R$14.7 (fourteen billion and seven hundred million Brazilian reais), with disbursement distributed between the years 2021 and 2024, in compliance with the
Company's commitment to financial discipline, maintaining conformity with the parameters established in Suzano's Debt Management Policy.
The Project Cerrado represents an important development in the Company's long-term strategy, contributing to the expansion of its structural competitiveness, meeting the growing demand for hardwood pulp, and to the Company's evolution in sustainability.
São Paulo, October 28, 2021.
Marcelo Feriozzi Bacci
Chief Financial and Investor Relations Officer