Suzano Ventures invests up to US$5 million into Bioform Technologies to further develop bio-based plastic alternatives
Suzano S.A. American Depositary Shares (each representing One Ordinary Share) (SUZ)
Company Research
Source: Business Wire
Suzano Ventures, the corporate venture capital arm of Suzano, the world’s largest market pulp producer, is funding up to US$5 million for Canadian startup, Bioform TechnologiesBioform’s innovative materials, developed at the University of British Columbia, offer sustainable, bio-based alternatives to single-use plasticsFinancing will be used to demonstrate the potential for Bioform’s technology to rapidly scale and reach cost-competitiveness with single-use plastics by modifying manufacturing processes widely used in the pulp and paper industry SÃO PAULO--(BUSINESS WIRE)--Suzano Ventures, the corporate venture capital arm of Suzano, the world’s largest market pulp producer, has made a strategic investment into the Canadian materials science startup, Bioform Technologies. The investment provides up to US$5 million towards the company’s seed round, enabling it to accelerate the development of its novel bio-based plastic alternatives. The products can be manufactured through modified
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News
- Suzano 2023 annual report on Form 20-FBusiness Wire
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- Global Nanocellulose Industry Report 2024 - Auto Industry Focus on Reducing Vehicular Weight Shifts Focus onto Nanocellulose [Yahoo! Finance]Yahoo! Finance
- All You Need to Know About Suzano (SUZ) Rating Upgrade to Strong Buy [Yahoo! Finance]Yahoo! Finance
- Are Investors Undervaluing Suzano (SUZ) Right Now? [Yahoo! Finance]Yahoo! Finance
SUZ
Earnings
- 8/3/23 - Beat
SUZ
Sec Filings
- 4/26/24 - Form 20-F
- 4/26/24 - Form 6-K
- 4/26/24 - Form 6-K
- SUZ's page on the SEC website