Suzano to purchase two U.S. industrial facilities from Pactiv Evergreen
Suzano, the world's largest pulp producer, has announced the acquisition of industrial assets from Pactiv Evergreen in the United States. This will expand the company’s operations in North America and marks its entrance into the consumer and foodservice packaging segments in the region.
The transaction is valued at US$110 million and includes two mills: one in Pine Bluff, Arkansas, and another in Waynesville, North Carolina. Both manufacture liquid packaging board and cupstock.