DOCSLIB.ORG

Suzano Papel E Celulose S.A

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Suzano Papel E Celulose S.A Suzano Papel e Celulose S.A. Financial Statements at December 31, 2017 with Independent Auditor’s Report. (A FREE TRANSLATION OF THE ORIGINAL IN PORTUGUESE) Suzano Papel e Celulose S.A. Standardized Financial Statements At December 31, 2017 (In thousands of Brazilian real, unless otherwise stated) MANAGEMENT REPORT MESSAGE FROM MANAGEMENT A year that will be forever remembered in the history of Suzano. That is how we see 2017. In addition reporting its highest EBITDA ever during the year, Suzano attained a whole new level of governance with its migration to the Novo Mercado listing segment and grew even larger with its investments and entry into a new business segment with the startup of its tissue mills. On the financial front, Suzano obtained an investment grade credit rating, rewarding its efforts to deleverage and deliver solid cash generation. These and other achievements were accompanied by continued progress on its three strategic pillars (Structural Competitiveness, New Businesses and Redesigning the Industry) and by a favorable international scenario. In the pulp business, the healthy environment was supported mainly by demand from Asia, unscheduled shutdowns at certain producers and conversions not anticipated by the market. Fundamentals enabled the Company to increase by more than US$250/ton the price of its commodity over the year, which was fully implemented in all regions. Suzano also remained focused on its strategic pillar of Structural Competitiveness, seeking to improve every day and to optimize its cost and expense structure. Pulp cash cost has followed a downward trend in the last twelve months, and the Company has kept unchanged its target cash costs for 2018 and for 2021-22. In 2017, in the paper business, the Brazilian market continued to suffer pressure from the macroeconomic scenario. Despite this less favorable environment, the Company delivered important advances in its Suzano Mais Program that enabled it to keep its margins stable, which also benefitted from the flexibility to allocate volumes between the domestic and export markets. Furthermore, in the second half of the year, the Company began producing and selling tissue paper produced at its units in Mucuri, Bahia and in Imperatriz, Maranhão, announced the acquisition of tissue producer Facepa – Fábrica de Papel da Amazônia S.A. and launched its first brand of toilet paper, Max Pure®. In 2018, the company will launch sales of finished goods in key markets of Brazil’s North and Northeast regions. The expansion of the Company’s product portfolio creates sustainable value, maximizes its asset base and narrows its relationship with end consumers. Financial discipline made possible liability management operations that helped to lengthen its debt maturity profile and reduce its debt cost. Important capital market transactions in the year included the 30-year Bond issue, the re-tapping of the 2026 and 2047 Bonds and the repurchase of a significant portion of the 2021 Bonds. Suzano’s performance in the year was recognized by Fitch Ratings, which upgraded its credit rating to ‘BBB-’ (investment grade), which reflects, among other things, the deleveraging process driven by strong cash generation. Suzano also concluded the capacity expansion project at the Imperatriz Unit, the installation of a new Cut Size line, a new Crystallizer and a new Wastewater Treatment Plant at the Mucuri Unit. All projects were delivered on-time and on-budget. A milestone in Suzano’s history and in the capital markets was its migration to the Novo Mercado listing segment of the São Paulo Exchange (B3). Reinforcing the commitment and long-term vision of the controlling shareholders, the migration was completed without any premium for control and left the Company even better prepared for new growth cycles. Page 20 of 121 (A FREE TRANSLATION OF THE ORIGINAL IN PORTUGUESE) Suzano Papel e Celulose S.A. Standardized Financial Statements At December 31, 2017 (In thousands of Brazilian real, unless otherwise stated) Other highlights included Suzano garnering first place in the ranking of the Best Companies to Start a Career in 2017, sponsored by the magazine Você S/A, and the in-house Engagement Survey, which confirmed the Suzano’s team identification with the Company. The survey showed that 95% of the employees are proud to work at Suzano, a figure that is much higher than the industry average, and that 9 out of 10 employees feel personally realized in their work. Sowing care to harvest pride, these very same employees participated in the process of revealing Suzano’s Purpose: Pioneers Cultivating Life. In 2017, the Company blazed new trails to deliver solid and consistent results, achieved advances in its strategic pillars and cultivated life by consolidating its corporate culture, growing as a team, sharing value with all stakeholders and building the foundations for the future. For 2018, Suzano continues to open up new growth paths, while always observing its capital allocation criteria: ROIC, Scalability, Difficult to Replicate and Competitive Advantage. Suzano will continue to prioritize and seek the most profitable projects with the potential to create value not just for its shareholders, but for everyone in its value chain. For this 2017, the Management of Suzano thanks its clients, investors, suppliers, the communities with which it interacts, partners and employees, who helped make this year one that will go down in its history. In 2018, Suzano will continue to move forward, preserving its Strong-and-Kind way of doing things, Pioneering and Cultivating Life. The Management. OVERVIEW Recognized for innovation and a pioneering spirit for over 94 years, Suzano is a 100% Brazilian company that is a global reference in the development of products made from planted eucalyptus forests and one of the largest vertically integrated producers of eucalyptus pulp and paper in Latin America. Its product portfolio includes coated and uncoated printing and writing paper, paperboard, tissue paper, market pulp and fluff pulp. Our products come from industrial units located in Suzano, Rio Verde and Limeira in the state of São Paulo; Mucuri in the state of Bahia; and Imperatriz in the state of Maranhão. Our mills have annual pulp and paper production capacity of 5.0 million tons. In addition to its registered offices in Salvador, Bahia and headquarters in São Paulo, the Company has representative offices in China and the United Kingdom, as well as subsidiaries in the United States, Switzerland, Argentina and Austria. Suzano is one of the largest companies with a structure for distributing paper and printing products in South America. At the end of 2017, it employed over 8,000 people and had 12,000 outsourced workers. In Brazil, Suzano’s forestry base spans approximately 1.2 million hectares, with 587,000 hectares set aside for preservation on own and leased areas in the states of São Paulo, Bahia, Espírito Santo, Minas Gerais, Piauí, Tocantins, Pará and Maranhão. The owned forests hold international certifications that attest to the Company's commitment to sustainable management and to the environment. Page 21 of 121 (A FREE TRANSLATION OF THE ORIGINAL IN PORTUGUESE) Suzano Papel e Celulose S.A. Standardized Financial Statements At December 31, 2017 (In thousands of Brazilian real, unless otherwise stated) STRATEGY AND INNOVATION Suzano’s goal is to consolidate its position as one of Brazil’s most profitable, innovative and competent business organizations producing goods from renewable resources. This strategy, which aims to create sustainable value, is based on three pillars: Structural Competitiveness, Adjacent Businesses and Reshaping of the Industry. In Structural Competitiveness, Suzano strives to continually improve all of its operations, with the ambition of becoming a reference in each of its market segments. To achieve this, it invests in modernizing and streamlining assets to reduce unit production costs and to increase the productivity of its forestry, industrial and administrative operations, while continuing to analyze and implement actions to capture operating efficiency gains. The main initiative in this pillar is the retrofitting and debottlenecking of the Imperatriz Unit in Maranhão state, which was concluded in the second half of 2017. The investment enables it to lower its production cash cost by reducing the consumption of raw materials and diluting fixed costs, and consequently will help the Company move towards what it considers its optimum cost structure, a target set for the period 2021-22. In Adjacent Businesses, Suzano opened new avenues to the future by investing in innovation and developing businesses that have scalability and support diversification and value creation. That is the case of the startup of the production and sale of jumbo rolls of tissue paper, the opening up of new markets to Eucafluff®, the world’s first eucalyptus-based fluff pulp, and lignin, a green chemical platform that with the capacity to substitute the use of fossil-based raw materials. In the case of lignin, commercial production is slated for early 2018. In the pillar Reshaping of the Industry, Suzano continues to explore new paths and to seek opportunities for reducing its business exposure to market volatility. FORESTRY BUSINESS UNIT Suzano’s forestry assets are spread across eight Brazilian states, each with a different climate, soil type and genetic heritage. This complexity of scenarios requires a high-level of forestry management with a permanent focus on sustainability and reducing
Load more

Recommended publications
  • Bright Spots Among the Gloom
    MARKET UPDATE Research Poland | Financial Services | Small & Mid Cap | 25-March-2013 KRUK Bright light among financials BUY 11% upside Fair Value PLN 70.00 Kruk presented very solid 2012 results, in line with our expectations, with net profit of PLN 81.2m. We believe that unlike most Polish Bloomberg ticker KRU PW financial stocks we cover, KRUK will deliver net profit growth for the Share Price PLN 63.00 Market Capitalisation PLN 1,064.72m second year in a row in 2013. New portfolio purchases, good cost Free Float 64% discipline and supportive macroeconomic conditions with a stable level of non-performing consumer loans in the Polish banking system and PLN m Y/E 31-Dec 2012A 2013E 2014E 2015E significantly lower market interest rates lead us to forecast double- Debt portfolios purchases 309 375 393 418 Cash repayments 451 557 657 737 digit growth this year. The company wants to grow and is seeking new Revenues 343 394 443 483 opportunities. Management is analysing the possibility of entering new Cash EBITDA 292 368 440 497 markets: Spain and Turkey are its main preferences, Russia less so. We EBITDA 137 155 170 183 Net Income 81.2 96.6 108.1 117.3 do not incorporate any new market into our model, so confirmation of foreign expansion could be a strong catalyst for the stock. Although Y/E 31-Dec 2012A 2013E 2014E 2015E Kruk is up by 43% YTD, outperforming the broad index by almost 50%, P/E (x) 13.1 11.0 9.9 9.1 P/BV (x) 3.4 2.6 2.2 1.8 we still see some room for growth.
    [Show full text]
  • Fidelity® Emerging Markets Index Fund
    Quarterly Holdings Report for Fidelity® Emerging Markets Index Fund January 31, 2021 EMX-QTLY-0321 1.929351.109 Schedule of Investments January 31, 2021 (Unaudited) Showing Percentage of Net Assets Common Stocks – 92.5% Shares Value Shares Value Argentina – 0.0% Lojas Americanas SA rights 2/4/21 (b) 4,427 $ 3,722 Telecom Argentina SA Class B sponsored ADR (a) 48,935 $ 317,099 Lojas Renner SA 444,459 3,368,738 YPF SA Class D sponsored ADR (b) 99,119 361,784 Magazine Luiza SA 1,634,124 7,547,303 Multiplan Empreendimentos Imobiliarios SA 156,958 608,164 TOTAL ARGENTINA 678,883 Natura & Co. Holding SA 499,390 4,477,844 Notre Dame Intermedica Participacoes SA 289,718 5,003,902 Bailiwick of Jersey – 0.1% Petrobras Distribuidora SA 421,700 1,792,730 Polymetal International PLC 131,532 2,850,845 Petroleo Brasileiro SA ‑ Petrobras (ON) 2,103,697 10,508,104 Raia Drogasil SA 602,000 2,741,865 Bermuda – 0.7% Rumo SA (b) 724,700 2,688,783 Alibaba Health Information Technology Ltd. (b) 2,256,000 7,070,686 Sul America SA unit 165,877 1,209,956 Alibaba Pictures Group Ltd. (b) 6,760,000 854,455 Suzano Papel e Celulose SA (b) 418,317 4,744,045 Beijing Enterprises Water Group Ltd. 2,816,000 1,147,720 Telefonica Brasil SA 250,600 2,070,242 Brilliance China Automotive Holdings Ltd. 1,692,000 1,331,209 TIM SA 475,200 1,155,127 China Gas Holdings Ltd. 1,461,000 5,163,177 Totvs SA 274,600 1,425,346 China Resource Gas Group Ltd.
    [Show full text]
  • Fidelity® Emerging Markets Discovery Fund
    Quarterly Holdings Report for Fidelity® Emerging Markets Discovery Fund January 31, 2021 EMD-QTLY-0321 1.931229.109 Schedule of Investments January 31, 2021 (Unaudited) Showing Percentage of Net Assets Common Stocks – 92.7% Shares Value Belgium – 1.1% Titan Cement International Trading SA 197,000 $ 3,433,036 Bermuda – 1.4% AGTech Holdings Ltd. (a) 10,044,000 330,341 Alibaba Pictures Group Ltd. (a) 1,875,844 237,104 Credicorp Ltd. (United States) 8,363 1,257,210 Shangri‑La Asia Ltd. (a) 2,942,000 2,504,395 TOTAL BERMUDA 4,329,050 Brazil – 7.2% Alupar Investimento SA unit 374,589 1,756,078 Atacadao SA 515,200 1,792,852 Azul SA sponsored ADR (a) (b) 13,040 286,228 Equatorial Energia SA 572,241 2,355,314 LOG Commercial Properties e Participacoes SA 206,000 1,261,286 Lojas Renner SA 303,000 2,296,562 Natura & Co. Holding SA 248,153 2,225,095 Notre Dame Intermedica Participacoes SA 140,851 2,432,726 QGEP Participacoes SA 445,600 932,507 Rumo SA (a) 799,400 2,965,936 Suzano Papel e Celulose SA (a) 190,800 2,163,823 Terna Participacoes SA unit 303,214 1,778,363 TOTAL BRAZIL 22,246,770 British Virgin Islands – 0.1% Mail.Ru Group Ltd. GDR (Reg. S) (a) 17,397 453,192 Cayman Islands – 17.9% Agora, Inc. ADR (a) (b) 700 39,543 Akeso, Inc. (c) 408,429 2,849,903 Archosaur Games, Inc. (a) (c) 234,000 609,654 Bilibili, Inc. ADR (a) (b) 38,631 4,399,685 Chailease Holding Co.
    [Show full text]
  • The Top 20 Brazilian Multinationals: a Long Way out of the Crises Highlights
    The Top 20 Brazilian Multinationals: A Long Way Out of the Crises January 18, 2018 São Paulo and New York, January 18, 2018: The Center of International Financial Management Studies (IFM) of the São Paulo School of Business Administration (EAESP) of Fundação Getulio Vargas (FGV), Brazil, and the Columbia Center on Sustainable Investment (CCSI), a joint center of Columbia Law School and The Earth Institute at Columbia University in New York, are releasing today the results of their research report profiling the top 20 Brazilian multinational enterprises (MNEs),1 ranked in terms of foreign assets. The report is part of the Emerging Market Global Players (EMGP) Project, a long-term study of the rapid global expansion of MNEs from emerging markets. The present report, conducted in 2017, covers the 2016 annual year.2 Highlights In 2016, the top 20 Brazilian MNEs included in our survey had combined foreign assets of approximately US$ 106.7 billion, foreign revenue (including exports) of more than US$ 135.3 billion and 195,377 foreign employees (excluding outsourced, temporary and seasonal employees).3 On average, the foreign assets of the top 20 firms constituted 44.9% of those firms’ total assets in 2016; foreign sales accounted for 61.6% of the firms’ total net sales; and foreign employees accounted for 23.9% of their total employees, resulting in an average Transnationality Index (TNI) of 43.5% (Annex Table 1). Of the top 20 Brazilian MNEs, the Oil and Gas Extraction, Food Manufacturing, Mining, the Primary Metal Manufacturing, and the Paper and Allied Products industries comprised almost 90% of the foreign assets (eleven companies).
    [Show full text]
  • [email protected]
    CENTROS JUDICIÁRIOS DE SOLUÇÃO DE CONFLITOS E CIDADANIA - CEJUSCs GRANDE SÃO PAULO Barueri Endereço Rua Augusta, 25/29 – Vila Boa Vista CEP 14783-195 Telefone E-mail [email protected] Área de atuação Processual e Pré-processual: Cível e Família Horário de funcionamento 11h00 às 19h00 Brás Cubas (Posto Jundiapeba) – Comarca de Mogi das Cruzes Endereço Alameda Santo Angelo s/nº CEP 08750-510 Telefone (11) 4723-2254 E-mail [email protected] Área de atuação Processual e Pré-processual: Cível e Família Horário de funcionamento 11h00 às 19h00 Carapicuíba Endereço Rua Miriam, 28, Centro CEP 06320-060 Telefone (11) 4183-3361 E-mail [email protected] Área de atuação Processual e Pré-processual: Cível e Família Horário de funcionamento 10h00 às 18h00 1 Embu das Artes Endereço Rua João Batista Medina, 184, Centro CEP 06840-000 Telefone (11) 4704-3092 E-mail [email protected] Área de atuação Processual e Pré-processual: Cível e Família Horário de funcionamento 10h00 às 18h00 Guarulhos Endereço Av. São Luiz, 315, Vila Rosália CEP 07072-000 Telefone (11)3544-0333 ramais 288/299 E-mail [email protected] Área de atuação Processual e Pré-processual: Cível e Família Horário de funcionamento 10h00 às 18h00 Itapecerica da Serra Endereço Rua Major Matheus Rotger Domingues, 140, Centro CEP 06850-850 Telefone (11)4666-7277 E-mail [email protected] Área de atuação Processual e Pré-processual: Cível e Família Horário de funcionamento 09h00 às 17h00 2 Itapevi Endereço Rua Vereador Dr. Cid Manoel de Oliveira,
    [Show full text]
  • Endereços Cejuscs
    PODER JUDICIÁRIO TRIBUNAL DE JUSTIÇA DO ESTADO DE SÃO PAULO Núcleo Permanente de Métodos Consensuais de Solução de Conflitos Fórum João Mendes Junior, 13º andar – salas 1301/1311 E-mail: [email protected] CENTROS JUDICIÁRIOS DE SOLUÇÃO DE CONFLITOS E CIDADANIA – CEJUSCs ÍNDICE (Clicar na localidade desejada para obtenção do endereço, telefone e e-mail) SÃO PAULO – CAPITAL .............................................................................................................. 7 Cejusc Central – Fórum João Mendes Jr .................................................................................... 7 Butantã - Foro Regional XV ....................................................................................................... 8 Itaquera - Guaianazes - Foro Regional VII .................................................................................. 8 Jabaquara - Foro Regional III ..................................................................................................... 9 Lapa - Foro Regional IV.............................................................................................................. 9 Nossa Senhora do Ó - Foro Regional XII ..................................................................................... 9 Pinheiros - Foro Regional XI....................................................................................................... 9 Santana - Foro Regional I ........................................................................................................ 10 Santo Amaro - Foro
    [Show full text]
  • 20191220163719Upa779ed4e3
    Demonstrativo da Composição e Diversificação da Carteira Mês/Ano: 30 de setembro de 2019 Nome do Fundo: Bradesco Fundo de Investimento Multimercado Long Short CNPJ: 07.187.565/0001-79 Administradora: BEM - Distribuidora de Títulos e Valores Mobiliários Ltda. CNPJ: 00.066.670/0001-00 Aplicações - Especificações Espécie / Quantidade Cotação por lote Custo Mercado / % sobre o Forma de mil ou preço Total R$ Realização patrimônio unitário (*) – R$ mil R$ mil líquido Disponibilidades 2 0,03 Banco conta movimento 2 0,03 Aplicações Interfinanceiras de liquidez 344 344 4,07 Letras do Tesouro Nacional 409 344 344 4,07 Títulos públicos 6.698 6.701 79,34 Letras Financeiras do Tesouro 648 6.698 6.701 79,34 Ações 2.112 2.174 25,74 BRF Brasil Foods S.A. ON 7.900 38,20 245 302 3,57 São Martinho S.A. ON 15.800 18,95 294 299 3,54 Gerdau S.A. PN 21.300 13,16 290 280 3,32 Cia.de Saneamento Básico E.S.P.-Sabesp ON 3.800 49,60 184 189 2,23 Suzano Papel e Celulose S.A. ON 5.500 33,65 185 185 2,19 Cia. Brasileira de Distribuição PN 2.250 79,80 208 180 2,13 Totvs S.A. ON 3.100 57,74 134 179 2,12 Vale S.A. ON 3.200 47,75 156 153 1,81 CESP - Cia Energética de São Paulo PNB 5.300 28,50 138 151 1,79 Itaú Unibanco Holding S.A. PN 3.550 35,03 126 124 1,47 Banco do Brasil S.A.
    [Show full text]
  • Suzano Papel E Celulose S.A
    Suzano Papel e Celulose S.A. Financial Statements of December 31, 2018 and independent auditor's report on the parent company and consolidated financial statements. Page 1 of 110 Suzano Papel e Celulose S.A. Standardized Financial Statements At December 31, 2018 In thousands of Brazilian reais (R$), unless otherwise indicated MANAGEMENT REPORT MESSAGE FROM MANAGEMENT The year 2018 represents an important milestone in the history of Suzano, the company resulting from the integration between Suzano Pulp & Paper and Fibria Celulose. Concluded on January 14, 2019, the combination of two successful and globally relevant companies effectively creates opportunities to build a future with even greater capacity to create value and to share these accomplishments with all our related parties. The combination, announced in March 2018, became part of the organization's day-to-day routine throughout the year. The process of approval by the shareholders of both companies and by local and international regulatory agencies began soon after the announcement and was concluded in late November 2018, which enabled the combination of shareholdings to be consummated in January 2019. Meanwhile, the company’s team and structure were being prepared for this new phase. Internal processes and controls are being adjusted to comply with the Sarbanes-Oxley Act (SOX) since our ADSs would be traded on the New York Stock Exchange (NYSE), which was another important milestone for the company. The efforts to prepare the new company were made in parallel with various challenges and accomplishments. The year 2018 was marked by high volatility in the local exchange rate and a positive scenario for pulp prices in international markets, despite the uncertainty regarding the recovery of the Brazilian economy and the worsening of this situation by the nationwide truck drivers' strike in May.
    [Show full text]
  • 2ª Região – São Paulo
    2ª Região – São Paulo SECRETARIA DO CENTRO INTEGRADO DE APOIO OPERACIONAL Criação: Ato GP Nº 08/2016 Data de Instalação: 11/02/2016 Diretor/Responsável: Dulcinea Lima de Jesus Figueredo Endereço: Av. Marquês de São Vicente, 235, 1º andar - Bloco A CEP: 01.139-001 - São Paulo/SP Tel: (11) 3525-9217 e-mail: [email protected] Jurisdição: São Paulo. CENTRO INTEGRADO DE APOIO OPERACIONAL DE SÃO PAULO Criação: Ato GP nº 08/2016 Data de Instalação: 11/02/2016 Diretor/Responsável: Cesar Augusto Gilii Endereço: Av. Marquês de São Vicente, 235, 1º andar - Bloco A CEP: 01.139-001 - São Paulo/SP Tel: (11) 3525-9217 e-mail: [email protected] Jurisdição: São Paulo. 1ª VT DE SÃO PAULO Criação: Decreto nº 6.596 de 12/12/1940 Data de Instalação: 05/01/1941 Juiz Titular: Maurício Miguel Abou Assali Diretor/Responsável: Margareth Mary Machado Endereço: Av. Marquês de São Vicente, 235, 3º andar - Bloco A CEP: 01.139-001 - São Paulo/SP Tel: (11) 3525-9101 e-mail: [email protected] Código atribuído pelo TRT: 1 Jurisdição: São Paulo. 2ª VT DE SÃO PAULO Criação: Decreto nº 6.596 de 12/12/1940 Data de Instalação: 05/01/1941 Juiz Titular: Lúcio Pereira de Souza Diretor/Responsável: Angelica Guglielmetti da Silva Endereço: Av. Marquês de São Vicente, 235, 3º andar - Bloco A CEP: 01.139-001 - São Paulo/SP Tel: (11) 3525-9102 e-mail: [email protected] Código atribuído pelo TRT: 2 Jurisdição: São Paulo. 3ª VT DE SÃO PAULO Criação: Decreto nº 6.596 de 12/12/1940 2ª Região – São Paulo Data de Instalação: 05/01/1941 Juiz Titular: Vago Diretor/Responsável: Natália Medici da Costa Endereço: Av.
    [Show full text]
  • Jk X Suzaquim Eiv Mar2021.Pdf
    ESTUDO DE IMPACTO DE VIZINHANÇA LAUDO TÉCNICO SUZAQUIM EIV JAN/2021 Interessado: SUZAQUIM INDUSTRIAS QUIMICAS LTDA. CNPJ n° 64.815.806/0001-10 Projeto: EIV ESTUDO DE IMPACTO DE VIZINHANÇA CNAE Nº 20.99-1-99 – FABRICAÇÃO DE OUTROS PRODUTOS QUÍMICOS NÃO ESPECIFICADOS ANTERIORMENTE. Rua Raphael da Anunciação Fontes, nº 349, Chácara Ceres, Suzano/SP, CEP 08655-243. Inscrição Cadastral n°: 19.074.009. Responsável: JK SOLUÇÕES AMBIENTAIS & PROJETOS LTDA. EPP CAU/SP n° A26567-5 1 JK SOLUÇÕES AMBIENTAIS E PROJETOS LTDA. EPP Condomínio Porto Boulevard rua benjamin constant nº 1.897, salas 19/20, centro, suzano/sp – cep 08674-175 – 11 4748-2199 [email protected] - [email protected] www.jksolucoesambientais.com.br 1. APRESENTAÇÃO Suzano é um município brasileiro do estado de São Paulo, inserido na Região Metropolitana da cidade de São Paulo, especificamente na Microrregião de Mogi das Cruzes, apresenta uma população estimada para 2019 de aproximadamente 297.637 habitantes (Censo IBGE/2019) –, distribuídos em 206.236,00km². Figura 1 – Recorte dos Dados de População (Fonte: IBGE) Apresenta 89,70% de domicílios com esgotamento sanitário adequado, 75,20% de domicílios urbanos em vias públicas com arborização e 31,10% de domicílios urbanos em vias públicas com urbanização adequada (presença de bueiro, calçada, pavimentação e meio-fio). Quando comparado com os outros municípios do estado, fica na 420ª posição no quesito esgotamento sanitário adequado; na 514ª posição na questão de vias públicas com arborização; e na 220ª posição quanto a urbanização adequada, de 645 municípios do estado de São Paulo. Já quando comparado a outras cidades do Brasil, sua posição para os itens analisados (esgotamento sanitário adequado; domicílios urbanos em vias públicas com arborização; e domicílios urbanos em vias públicas com urbanização adequada) é 455°, 2.753° e 1.161° respectivamente, de um total de 5570 municípios.
    [Show full text]
  • Case M.8951 - SUZANO PAPEL E CELULOSE / FIBRIA CELULOSE
    EUROPEAN COMMISSION DG Competition Case M.8951 - SUZANO PAPEL E CELULOSE / FIBRIA CELULOSE Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) in conjunction with Art 6(2) Date: 29/11/2018 In electronic form on the EUR-Lex website under document number 32018M8951 EUROPEAN COMMISSION Brussels, 29.11.2018 C(2018) 8166 final In the published version of this decision, some information has been omitted pursuant to Article PUBLIC VERSION 17(2) of Council Regulation (EC) No 139/2004 concerning non-disclosure of business secrets and other confidential information. The omissions are shown thus […]. Where possible the information omitted has been replaced by ranges of figures or a general description. To the notifying party Subject: Case M.8951 - SUZANO PAPEL E CELULOSE / FIBRIA CELULOSE Commission decision pursuant to Article 6(1)(b) in conjunction with Article 6(2) of Council Regulation No 139/20041 and Article 57 of the Agreement on the European Economic Area2 Dear Sir or Madam, (1) On 9 October 2018, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (the 'Merger Regulation')3 by which Suzano Papel e Celulose S.A. ("Suzano") acquires sole control over Fibria Celulose S.A. ("Fibria"). Suzano is hereafter referred to as the "Notifying Party" and together with Fibria as the "Parties". 1. THE PARTIES AND THE TRANSACTION (2) The Parties are both publicly traded companies registered in Brazil, active in the production of wood pulp from eucalyptus trees. Both are vertically integrated upstream, with limited activities in wood procurement in Brazil, and in the production and supply of eucalyptus pulp.
    [Show full text]
  • Fidelity® Latin America Fund
    PORTFOLIO MANAGER Q&A | AS OF APRIL 30, 2021 Fidelity® Latin America Fund Key Takeaways MARKET RECAP • For the semiannual reporting period ending April 30, 2021, the fund's The MSCI ACWI (All Country World Retail Class shares returned 25.01%, notably lagging the 33.98% result Index) ex USA Index gained 27.51% for of the benchmark, the MSCI Emerging Markets Latin America Index. the six months ending April 30, 2021, with international equities rising amid improved global economic growth, • Latin American markets benefited from a strong rebound for cyclical widespread COVID-19 vaccinations, fiscal stocks the past six months, most notably in the materials and energy stimulus in the U.S. and abroad, and sectors, amid optimism for a global economic recovery. fresh government spending programs. In addition, foreign securities were • Portfolio Manager Will Pruett's decision to underweight materials bolstered in part by general U.S.-dollar stocks hurt the fund's relative performance the most by far. weakness. The period began with a shift in momentum. In November, • Significantly overweighting stocks that primarily conduct business in international stocks shrugged off a two- Latin America, especially in the consumer discretionary and health month retreat by gaining roughly 13%. care sectors, also detracted, as did Will's picks in health care and The momentum continued in December, materials. as positive news on the effectiveness of vaccines provided a notable boost to international equities. In late December, • In contrast, security selection added value versus the benchmark, as vaccines were approved by especially in the consumer discretionary, industrials and information government regulatory authorities, technology sectors.
    [Show full text]