Suzano announced it approved operations that involved leasing railroad cars in contracts worth USD 120 million.
The lease contracts have a term of five years and were signed with a unit of the Société Generale bank. Greenbrier Maxion manufactures the equipment in Hortolândia (SP).
According to the minutes of the board of directors’ meeting, the company did not specify the number of wagons targeted by the contracts.
Source: Money Times
