Suzano to buy Kimberly-Clark's tissue assets in Brazil

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SAO PAULO (Reuters) – Brazilian pulpmaker Suzano SA said on Monday it reached a deal to buy Kimberly-Clark (NYSE:KMB)’s tissue paper operations in the country.

In a securities filing, Suzano said the main asset included in the deal is a tissue production plant located in Sao Paulo state. The unit has an annual production capacity of around 130,000 tonnes.