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Suzano Secures R$411.4 Million in BNDES Financing for Modernisation and R&D

Brazil’s BNDES has approved financing totalling R$411.4 million for Suzano through its BNDES Mais Inovação programme, according to the supplied report. The funding is intended for industrial modernisation and the company’s research, development, innovation and digitalisation programme. Of the total, R$280 million is allocated to machinery and equipment using internet-of-things technology, as well as remote operational control and monitoring…

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