Suzano (NYSE: SUZ) keeps 2026 market pulp production 3.5% under nominal capacity

Rhea-AI Filing Summary

Suzano S.A. states it will operate its market pulp business in 2026 at a production volume approximately 3.5% below its nominal annual capacity. This continues the lower operating rate previously communicated in August 2025, rather than restoring full capacity.

The company explains that bringing back this marginal volume would not generate adequate returns, so it is choosing to keep production constrained. Suzano emphasizes that this disclosure reflects its commitment to transparency with shareholders, investors, and the broader market.

Insights

Pulp & Paper Industry Analyst

Suzano plans to run 2026 pulp production about 3.5% below capacity.

Suzano plans to keep its 2026 market pulp production around 3.5% under nominal annual capacity. This extends an already announced operating rate reduction from an earlier August 6, 2025 communication, indicating a deliberate choice to limit output rather than maximize volume.

The company cites inadequate returns on marginal volume as the reason, suggesting that additional production at current conditions is not attractive enough. Actual financial impact will depend on realized pulp prices and costs over 2026, which are not detailed here.

This decision effectively manages supply by avoiding low-return tonnage and may influence market dynamics in conjunction with other producers' actions. Future company disclosures for periods within 2026 will show how this lower operating rate translates into realized volumes and profitability.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of February, 2026.

Commission File Number 001-38755

Suzano S.A. (Exact name of registrant as specified in its charter)

SUZANO INC.
(Translation of Registrant’s Name into English)

Av. Professor Magalhaes Neto, 1,752
10th Floor, Rooms 1010 and 1011
Salvador, Brazil 41 810-012
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☑    Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

Enclosures:

Exhibit 99.1 – Pulp production volume

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: February 10th, 2026

						SUZANO S.A.
			By:			/s/ Marcos Moreno Chagas Assumpção
			Name:			Marcos Moreno Chagas Assumpção
			Title:			Vice-President of Finance and Investor Relations

MATERIAL FACT

SUZANO S.A.

Publicly-Held Company

Corporate Taxpayer ID (CNPJ/ME): 16.404.287/0001-55

Company Registry (NIRE): 29.3.0001633-1

São Paulo, February 10, 2026 – Suzano S.A. (“Company”) (B3: SUZB3 / NYSE: SUZ), in compliance with the provisions of Law No. 6,404, dated as of December 15th, 1976, as amended (“Brazilian Corporate Law”), of the Brazilian Securities Commission (“CVM”) Resolution No. 80, dated as of March 29th, 2022, and of CVM Resolution No. 44, dated as of August 23rd, 2021, in line with corporate governance best practices hereby informs its shareholders and investors that:

The Company will maintain, throughout the entire year of 2026, a market pulp production volume approximately 3.5% (three and a half percent) lower than its nominal annual capacity. This decision represents the continuity, for the remaining months of 2026, of the reduction in the operating rate disclosed to the market in the Material Fact dated August 6th, 2025. The decision is based on the assessment that resuming the marginal volume would not provide adequate returns for the Company.

The Company reiterates, through the disclosure of the information contained in this Material Fact, its commitment to transparency towards its shareholders, investors, and the market in general.

São Paulo, February 10, 2026.

Marcos Moreno Chagas Assumpção

Vice-President of Finance and Investor Relations

FAQ

What production decision did Suzano (SUZ) announce for 2026?

Suzano decided to keep its 2026 market pulp production about 3.5% below nominal annual capacity. This means it will not fully utilize its installed capacity, extending an earlier reduction already disclosed in August 2025 for the remaining months of 2026.

Why is Suzano (SUZ) operating below nominal pulp capacity in 2026?

Suzano states that resuming the marginal pulp volume would not provide adequate returns for the company. Based on this assessment, it will maintain a market pulp production volume approximately 3.5% below nominal capacity for all of 2026 to avoid low-return output.

How much below capacity will Suzano’s 2026 pulp production run?

Suzano plans to keep its 2026 market pulp production volume approximately 3.5% lower than its nominal annual capacity. This percentage reflects a modest but deliberate reduction, aimed at not producing tonnage that the company believes would fail to deliver adequate returns.

Is Suzano’s 2026 production cut a new measure or a continuation?

The 2026 production cut is a continuation of a previously announced reduction in operating rate. Suzano explains that this decision extends, for the remaining months of 2026, the reduced operating rate first disclosed in a Material Fact dated August 6, 2025.

What does Suzano (SUZ) say about transparency in this production decision?

Suzano emphasizes that releasing this information reinforces its commitment to transparency. By disclosing the planned 3.5% lower market pulp production for 2026, it aims to keep shareholders, investors, and the broader market clearly informed about its operating strategy and capacity use.

Does Suzano’s 2026 plan affect all of its market pulp production?

Suzano’s statement refers to its market pulp production volume for the full year 2026. It indicates this volume will remain approximately 3.5% below the company’s nominal annual capacity, effectively applying the reduced operating rate throughout the entire year.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 5.0 KB