
An Empire Built on Paper Looks to Benefit From Trump's Trade War
Industries
Consumer
Suzano's buying spree, including a Kimberly-Clark deal, shows how executives in Latin America's largest economy can work through fraught geopolitics.
Its biggest buyer is China. Its biggest prospects are in the US. Its biggest acquisition in nearly a decade is focused on Europe. Brazilian pulp and paper giant Suzano SA is going global as it navigates trade tensions between geopolitical heavyweights.
The company harvests raw materials from its eucalyptus groves that go into making everything from books to toilet paper, and claims to play a role in the lives of 2 billion people worldwide. Its executives say they have a plan to navigate this tumultuous time in global commerce, one that could provide a playbook for other companies looking not only to survive but to profit.

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