Sappi North America, a leading producer and supplier of diversified paper and packaging products, today announced the ten grant recipients of its 18th annual Ideas that Matter program, where financial support is given to designers who create print integrated projects to maximize social impact. The ten projects selected this year highlight how design and creativity can help solve prominent social issues. Through communication projects and campaigns using paper and print, the winning projects focus on climate change, encourage high school students to consider urban planning, educate girls about their reproductive rights, support quality journalism, address prison reform, and explore solutions for delivering humanitarian aid - inspiring change across the country, and around the world. As an integral part of Sappi's corporate social responsibility platform since 1999, the Ideas that Matter grant program has funded over 500 nonprofit projects and contributed more than $13 million to a wide range of causes that use design as a positive force in society. The program is open to North American designers who have partnered with a nonprofit organization and developed a communication campaign that is ready for implementation. Click Read More below for additional information.
Suzano S.A. (B3: SUZB5 | NYSE: SUZ), one of the largest pulp and integrated paper producers in the w orld, announces today its consolidated results for the f irst quarter of 2019 (1Q19). Data of comparison quarters (4Q18, 1Q18 and LTM4) are a simple sum or the w eighted average of Suzano + Fibria.
* Merger of Fibria concluded on April 1, 2019 and tranding name change to Suzano S.A.
* Adjusted EBITDA¹ and Operating cash generation² of R$2.8 billion and R$1.8 billion, respectively.
* Pulp adjusted EBITDA¹/ton of R$1,480/ton.
* Average net sales price of pulp in the export market of US$711/ton.
* Average net sales price of paper of R$4,000/ton.
* Synergies – capture curve as planned.
* Pulp cash cost mainly impacted by higher fixed cost: R$667/ton ex-downtimes.
The beginning of 2019 was marked by a challenging market scenario. Pulp demand in the first quarter, which is traditionally weaker, was further affected by uncertainties related to macroeconomic factors and the weak performance of the graphic paper segments, especially in the Asian and European markets. However, the market conditions showed an improvement in the demand at the end of the quarter, especially in Asia.
Suzano sold 1,729 thousand tons of market pulp in 1Q19 (including Klabin volumes), 17% less than in 4Q18 and 30% in comparison to 1Q18, due to its commercial strategy.
Average net price in U.S. dollar of Suzano was US$705/ton in 1Q19, down US$32/ton (-4%) and US$13/ton (-2%) compared to 4Q18 and 1Q18, respectively. Average net price in dollar in the export market was US$711/ton (-4% vs. 4Q18 and -2% vs. 1Q18).
more detail at: http://ir.suzano.com.br/ptb/7575/13986_689051.pdf