Suzano and Kimberly-Clark to form a joint venture for $3.4bn.

Suzano, a Brazilian producer of paper and pulp, and Kimberly-Clark, an American multinational consumer goods and personal care corporation, agreed to form a joint venture, for $3.4bn. "This new company brings together two global players that are leaders in their respective markets, with complementary capabilities that combine Suzano’s industrial expertise and operational management efficiency with Kimberly-Clark’s know-how in brand management, marketing and commercialization of both regional and global brands, as well as its extensive experience in managing operations across multiple regions worldwide," Beto Abreu, Suzano CEO.