Sept. 1, 2026 - Suzano has entered into an agreement with Imetame Group to acquire a 10% equity stake in Imetame Logística Porto S.A., the company responsible for developing a greenfield port project currently under construction in the municipality of Aracruz, Espírito Santo, Brazil.
Imetame Group is a Brazilian business group headquartered in Aracruz.
Suzano's 10% equity stake will be acquired through the contribution of land owned by Suzano — strategically located for the development of the project — without affecting the operational or economic performance of Suzano's Aracruz pulp mill, which is located in the same region.
The greenfield project includes the development of five specialized terminals — containers, general cargo, dry bulk, liquid bulk, and ship-to-ship operations.
The container terminal, a joint venture with Hanseatic Global Terminals (HGT), Hapag-Lloyd's terminals division and part of the world's fifth-largest container shipping line, is expected to be operational by mid-2028. The other four terminals will be developed in subsequent phases, in line with the port's construction schedule.
With a draft of 17 meters, 750 meters of quay length and state of the art container handling equipment, the new facility will have an annual capacity of approximately 1.2 million TEU.
SOURCE: Suzano and Imetame Group