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Posted on April 18, 2011
Suzano Papel e Celulose SA (SUZB5), the Brazilian pulp and paper company, will buy power generation equipment worth as much as $50 million from Siemens AG for a factory it’s planning in the north eastern state of Maranhao.
Two generators will provide electricity to run the facility’s operations, Suzano said in a filing today. About 100 megawatts of capacity will sell to the grid, according to the statement.
The factory will begin production in April 2013, Salvador- based Suzano
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