December 11, 2019 |
Suzano, Latin America's largest pulp and paper producer, is on track to meet its cost savings targets in the first year after its purchase of domestic rival Fibria, CFO Marcelo Bacci told LatinFinance in a telephone interview.
When Suzano closed the deal in January, it estimated between BRL800 million and BRL900 million in annual cost saving synergies. As the first year comes to a close and an announcement on its progress is due in February, the company is confident that in year one it will reac
Pulp and paper producer sees inventory dynamics tilting back in its favor next year