The Administrative Council for Economic Defense (Cade) ended up granting authorization for the Brazilian pulp giant Suzano to buy the tissue paper division of North American Kimberly-Clark in Brazil, according to the Official Gazette.

Read more: Brazilian giant acquires tissue paper division

Klabin has reportedly registered mining interests in 194 areas located in 3 Brazilian states and, in the last decade, extracted the equivalent of almost BRL 83 million in minerals.

Read more: Klabin attracts investors with 'green' pulp and paper,

The new UPM Paso de los Toros pulp mill is ready to start operations, with an over 50 percent increase in their current pulp capacity.

Read more: UPM Paso de los Toros pulp mill is ready to start operations in Uruguay

The General Superintendence of the Administrative Council for Economic Defense (Cade) gave a favorable

Read more: Brazilian economic regulator approves purchase of Kimberly-Clark tissue business by Suzano