# Tag: Aracruz

- [Suzano Wins BNDES Approval for R$451.7 Million Upgrade Plan](https://brazilstockguide.com/insights/suzano-wins-bndes-approval-for-r451-7-million-upgrade-plan/) (2025-12-04): Brazil’s pulp giant secures climate-linked funding to modernize mills, cut emissions and expand waste-management capacity.