Suzano Partners with Plug and Play to strengthen its presence in the global innovation ecosystem
The agreement expands potential for partnerships with start-ups in Brazil and abroad
São Paulo, September 10th, 2019 — Suzano, Brazil’s largest pulp and cellulose producer in the world has partnered with Plug and Play, the largest global innovation platform, to intensify the innovation democratization process underway within the company. As the world’s largest producer of pulp and a global reference in the production of bioproducts developed from tree cultivation, Suzano aims to strengthen relationships with start-ups in Brazil and abroad as well as to be even more connected to new technologies under development in the world.
“We are building an ecosystem of internal innovation that will open us to countless possibilities. Working alongside Plug and Play will be relevant in this process of developing a more appropriate environment for attracting new partners and strengthening the concept of Open Innovation in the organization”, says Alexandre Cezilla, Head of Digital at Suzano.
Suzano will be one of Plug and Play’s supporters in the process of installing its first office in Latin America. Headquartered in Silicon Valley, in the United States, the Plug and Play will inaugurate the new address, in São Paulo (SP), on September 18.
“This partnership between Suzano and Plug and Play, two very powerful brands, will strengthen our collective efforts to source innovative solutions from around the world to help the pulp and cellulose industry be more efficient, not only in Brazil, but in a global scale. We look forward to accomplish great success between our two organizations as we continue to engage with the global start-up community”, mentioned Saeed Amidi, CEO and Founder of Plug and Play Tech Center.
One of Suzano’s priorities is to help promote the local entrepreneurship through the partnership with key players. Plug and Play will start its operations in Brazil focusing on two relevant sectors for the national economy: Foodtech (Food chain) and Agtechs (Agribusiness), where Suzano is involved, and Fintechs (Financial Services).
For more information on how to get involved with Plug and Play Brazil, visit: www.plugandplaytechcenter.com.
Suzano, a company resulting from the merger between Suzano Papel e Celulose and Fibria, is committed to being a global reference in the sustainable use of natural resources. A world leader in the manufacture of eucalyptus pulp and one of the largest papermakers in Latin America, the company exports to over 80 countries and, through its products, is present in the lives of over 2 billion people. With operations in ten factories, in addition to the Veracel joint operation, it has an installed capacity of 10.9 million tons of market pulp and 1.4 million tons of paper per year. Suzano has over 35,000 direct and indirect employees and has invested for over 90 years in innovative solutions from eucalyptus planting, which allow the replacement of fossil-based raw materials with sources of renewable origin. The company has the highest Corporate Governance levels of B3 in Brazil and the New York Stock Exchange (NYSE) in the United States, markets where its shares are traded.
Learn more about Suzano: http://www.suzano.com.br/
About Plug and Play
Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services and an in-house VC to make technological advancement progress faster than ever before. Since our inception in 2006, our programs have expanded worldwide to include a presence in over 20 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 10,000 startups and 280 official corporate partners, we have created the ultimate startup Protected ecosystem in many industries. We provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in our community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club and PayPal. For more information, visit www.plugandplaytechcenter.com.