UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 


 

FORM 6-K

 


 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of December, 2019.

 

Commission File Number 001-38755

 


 

Suzano S.A.

(Exact name of registrant as specified in its charter)

 


 

SUZANO INC.

(Translation of Registrant’s Name into English)

 

Av. Professor Magalhaes Neto, 1,752

10th Floor, Rooms 1010 and 1011

Salvador, Brazil 41 810-012

(Address of principal executive office)

 


 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x     Form 40-F o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

 

 

 


 

Enclosures:

 

Exhibit 99.1 Material Fact — Investments in ES.

 

2


 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: December 19, 2019

 

 

 

SUZANO S.A.

 

 

 

 

By:

/s/ Marcelo Feriozzi Bacci

 

Name:

Marcelo Feriozzi Bacci

 

Title:

Chief Financial Officer and Investor Relations Director

 

3


Exhibit 99.1

 

 

SUZANO S.A.
Publicly Held Company
Corporate Tax ID (CNPJ/ME): 16.404.287/0001-55
Company Registration (NIRE): 29.3.0001633-1

 

MATERIAL FACT

 

São Paulo, December 19, 2019 — Suzano S.A. (“Suzano” or “Company”) (B3: SUZB3 | NYSE: SUZ) informs its shareholders and the general market that, on the date hereof, the Company’s Board of Directors approved the following investments in the State of Espírito Santo, in the aggregate amount of nine hundred thirty-three million and four hundred thousand reais (R$933,400,000.00), as detailed below, whose execution is subject to the approvals of these projects by the State Government of Espírito Santo, in accordance with State Law 11,001/2019, as amended, and the State Decree 4,524/2019. Once such approvals are obtained, the projects will be financed by monetizing ICMS credits held by the Company, in accordance with the same legal instruments.

 

1)             The construction of a conversion plant to produce toilet paper and paper towels, with annual capacity of thirty thousand (30,000) tons, with total investment estimated at one hundred and thirty million reais (R$130,000,000.00) and the construction period estimated at eleven (11) months, as from obtainment of the applicable licenses and approvals;

 

2)             The partial retrofit of the pulp production plant located in Aracruz involving the replacement of parts of the recovery boiler and the installation of a crystallization system, with total investment estimated at two hundred seventy-two million and four hundred thousand reais (R$272,400,000.00) and the execution period estimated at twenty-five (25) months; and

 

3)             The development of a forest base involving the acquisition of land and plantations for a total amount estimated at five hundred and thirty-one million reais (R$531,000,000.00), with the investment execution period estimated at twenty-four (24) months, as from obtainment of the applicable licenses and approvals.

 

The aforementioned investments will not affect the cash flow of the Company and the cash expenditures related to the investments identified in 2 and 3 above are included in the estimate for CAPEX for 2020 disclosed by the Company.

 


 

Said investments are aligned with Suzano’s business strategy, since they represent evolution in its market positioning in the consumer goods segment and the strengthening of its structural competitiveness in pulp production, while also attesting to the Company’s commitment to financial discipline as established in its Financial Debt Policy.

 

São Paulo, December 19, 2019

 

Marcelo Feriozzi Bacci
Chief Financial and Investor Relations Officer