| 1 | Suzano S/A | Brazil | Salvador | Av. Professor Magalhaes Neto 1752 | Bahia | 41810-012 | N/A | 1987 | $7,416,721,526 | 20,907 | N/A | N/A | 16404287000155 |
| 2 | Klabin S/A | Brazil | Sao Paulo | Av. Brigadeiro Faria Lima 3600 | São Paulo | 04538-132 | klabin.***** | 1978 | $3,278,101,988 | 17,525 | N/A | N/A | 89637490000145 |
| 3 | Eldorado Brasil Celulose S/A | Brazil | Três Lagoas | Rod. Br 158 S/n | Mato Grosso Do Sul | 79641-300 | N/A | N/A | $741,807,014 | 1,344 | N/A | N/A | 07401436000131 |
| 4 | Celulose Nipo Brasileira S/A Cenibra | Brazil | Belo Oriente | Rod. Br 381, Km 172 S/n | Minas Gerais | 35196-000 | cenibra.***** | 1973 | $624,721,848 | 1,834 | N/A | N/A | 42278796000199 |
| 5 | Mili S/A | Brazil | Curitiba | Rod. Br Cento E Dezesseis 21501 | Paraná | 81690-500 | N/A | 1985 | $443,712,950 | 1,970 | N/A | N/A | 78908266000124 |
| 6 | Santher Fabrica De Papel Santa Therezinha S/A | Brazil | Sao Paulo | Rua Aracati 275 | São Paulo | 03630-900 | santher.***** | 1967 | $408,605,152 | 1,549 | N/A | N/A | 61101895000145 |
| 7 | Westrock Celulose Papel E Embalagens | Brazil | Sao Paulo | Av. das Nacoes Unidas 14171 | São Paulo | 04794-000 | N/A | 1966 | $382,763,306 | 1,909 | N/A | N/A | 45989050000181 |
| 8 | Principal Comercio E Industria | Brazil | Nova Iguacu | Rua Oscar Soares 1416 | Rio de Janeiro | 26220-099 | N/A | 1966 | $334,747,575 | 3,075 | N/A | N/A | 30740773000175 |
| 9 | Trombini Embalagens S/A | Brazil | Sao Paulo | Rua Iguatemi 192 | São Paulo | 01451-010 | N/A | 2009 | $323,541,322 | 2,115 | N/A | N/A | 11252642000102 |
| 10 | Irani Papel E Embalagem S/A | Brazil | Porto Alegre | Av. Carlos Gomes 400 | Rio Grande Do Sul | 90480-900 | N/A | 1941 | $275,674,195 | 2,286 | N/A | N/A | 92791243000103 |
| 11 | Klabin Da Amazonia Solucoes Em Embalagens De Papel | Brazil | Manaos | Av. Acai 2659 | Amazonas | 69075-020 | N/A | 1982 | $275,257,167 | 194 | N/A | N/A | 04398525000188 |
| 12 | Veracel Celulose S/A | Brazil | Eunápolis | Faz. Brasilandia, Ba 275 Km 24 S/n | Bahia | 45820-970 | veracel.***** | 1991 | $274,572,666 | 500 | N/A | N/A | 40551996000148 |
| 13 | Adami SA Madeiras | Brazil | Caçador | Rua Nereu Ramos 196 | Santa Catarina | 89500-076 | adami.***** | 1942 | $243,707,151 | 1,600 | N/A | N/A | 83054478000121 |
| 14 | Sylvamo Do Brasil | Brazil | Mogi Guaçu | Rod. Rodovia Sp 340 Km 171 Sn | São Paulo | 13845-901 | sylvamo.***** | 1966 | $214,795,168 | 2,648 | N/A | N/A | 52736949000158 |
| 15 | Brasilgrafica S/A Indústria E Comercio | Brazil | Barueri | Al. Tocantins 490 | São Paulo | 06455-020 | brasilgrafica.***** | 1966 | $201,321,523 | 1,372 | N/A | N/A | 61192696000190 |
| 16 | Fabrica De Papel E Papelao Nossa Senhora Da Penha SA | Brazil | Itapira | Rua Funabashi Tokuji 170 | São Paulo | 13972-160 | penha.***** | 1956 | $194,612,558 | 2,219 | N/A | N/A | 49912199000113 |
| 17 | Avery Dennison Do Brasil | Brazil | Vinhedo | Rod. Miguel Melhado Campos S/n | São Paulo | 13288-003 | averydennison.***** | 1974 | $184,755,541 | 250 | N/A | N/A | 43999630000124 |
| 18 | Md Papeis | Brazil | Sao Paulo | Rua Gomes de Carvalho 1306 | São Paulo | 04547-005 | N/A | 1966 | $159,829,738 | 246 | N/A | N/A | 72907595000174 |
| 19 | Kimberly Clark Brasil Industria E Comercio De Produtos De Higiene | Brazil | Sao Paulo | Av. Eng Luiz Carlos Berrini 105 | São Paulo | 04571-010 | kimberly-clark.***** | 1997 | $152,405,400 | 1,400 | N/A | N/A | 02290277000121 |
| 20 | Ibema Companhia Brasileira De Papel | Brazil | Curitiba | Av. Sete de Setembro 5739 | Paraná | 80240-001 | ibema.***** | 1966 | $150,892,829 | 715 | N/A | N/A | 80228885000110 |
| 21 | Viscofan Do Brasil Sociedade Comercial E Indústria | Brazil | Sao Paulo | Av. Roque Petroni Junior 999 | São Paulo | 04707-000 | N/A | 1991 | $150,322,369 | 310 | N/A | N/A | 65019655000157 |
| 22 | Bo Paper Brasil Industria De Papeis | Brazil | Arapoti | Rod. Rd Municipal Dr 001 Km 07 Sn | Paraná | 84990-000 | N/A | 2005 | $138,063,656 | 359 | N/A | N/A | 07632665000167 |
| 23 | Klingele Paper Nova Campina | Brazil | Nova Campina | Rod. Luiz Jose Sguario Sn | São Paulo | 18435-000 | N/A | 2019 | $136,986,045 | 2,165 | N/A | N/A | 32779402000475 |
| 24 | Vip Industria E Comercio De Caixas E Papelao Ondulado | Brazil | Vinhedo | Rod. Miguel Melhado Campos - Vinhedo - Viracopos - Sp32 1 | São Paulo | 13288-003 | vippapelaoondulado.***** | 1993 | $126,145,609 | 451 | N/A | N/A | 96198239000197 |
| 25 | Sepac Serrados E Pasta De Celulose | Brazil | Mallet | Av. Dos Trabalhadores 2678ne | Paraná | 84570-000 | sepac.***** | 1974 | $107,990,112 | 992 | N/A | N/A | 75655720000194 |
| 26 | Acco Brands Brasil | Brazil | Bauru | Rua Rua Aimores 6-9 | São Paulo | 17013-900 | N/A | 1966 | $102,813,122 | 800 | N/A | N/A | 44990901000143 |
| 27 | Avelino Bragagnolo S A Industria E Comercio | Brazil | Faxinal Dos Guedes | Rod. Fag Avelino Bragagnolo S/n | Santa Catarina | 89694-000 | N/A | 1971 | $102,802,407 | 775 | N/A | N/A | 84586833000176 |
| 28 | Aloes Industria E Comercio | Brazil | Sao Goncalo | Rod. Amaral Peixoto Sn | Rio de Janeiro | 24753-560 | aloes.***** | 1992 | $101,205,023 | 950 | N/A | N/A | 68626183000199 |
| 29 | Primo Tedesco SA | Brazil | Caçador | Rod. Comendador Primo Tedesco S/n | Santa Catarina | 89501-000 | primotedesco.***** | 1966 | $95,246,950 | 953 | N/A | N/A | 83056804000130 |
| 30 | Softys Brasil | Brazil | Sao Paulo | Av. Chedid Jafet 222 | São Paulo | 04551-065 | N/A | 1974 | $92,066,660 | 1,135 | N/A | N/A | 44145845000140 |
| 31 | Tec2doc Servicos De Tecnologia E Documentos | Brazil | Osasco | Av. Dr. Alberto Jackson Byington 3077 | São Paulo | 06276-000 | agaprint.***** | 1974 | $90,223,756 | 190 | N/A | N/A | 18204610000172 |
| 32 | Ccm Industria E Comercio De Produtos Descartaveis S/A | Brazil | Uberaba | Av. Coronel Zacarias Borges de Araujo 1077 | Minas Gerais | 38064-700 | estrelinhababy.***** | 2010 | $88,457,210 | 645 | N/A | N/A | 12288046000137 |
| 33 | Cmpc Iguacu Embalagens | Brazil | San José de Los Pinares | Al. Santa Monica 1 | Paraná | 83030-550 | N/A | 2009 | $88,263,994 | 1,036 | N/A | N/A | 11308600000138 |
| 34 | Ibratec Artes Graficas | Brazil | Itapevi | Rod. Coronel-policia Militar Nelson Tranchesi 740 E | São Paulo | 06696-110 | N/A | 1987 | $81,218,969 | 700 | N/A | N/A | 58331695000174 |
| 35 | CIA Canoinhas De Papel | Brazil | Canoinhas | Rod. Br 280 S/n | Santa Catarina | 89466-900 | canoinhas.***** | 1983 | $81,204,244 | 562 | N/A | N/A | 76827344000130 |
| 36 | Papirus Industria De Papel SA | Brazil | Limeira | V. Anhanguera Km 130 S N | São Paulo | 13480-970 | papirus.***** | 1966 | $80,760,793 | 370 | N/A | N/A | 60856077000190 |
| 37 | Bracell Sp Celulose | Brazil | Lençóis Paulista | Rod. Juliano Lorenzetti Lep060 S/n | São Paulo | 18685-745 | N/A | 1984 | $79,354,324 | 700 | N/A | N/A | 53943098000187 |
| 38 | Bracell Bahia Specialty Cellulose S/A | Brazil | Camaçari | Rua Alfa 1033 | Bahia | 42816-100 | bahiaspeccell.***** | 1992 | $78,975,143 | 808 | N/A | N/A | 69037133000139 |
| 39 | Blendpaper Security Papeis Especiais S/A | Brazil | Salto | Rod. Da Convencao 30 | São Paulo | 13324-240 | bpsec.***** | 1998 | $78,645,825 | 140 | N/A | N/A | 02364069000120 |
| 40 | Bignardi Industria E Comercio De Papeis E Artefatos | Brazil | Jundiaí | Av. Antonio Pincinato, 7600 | São Paulo | 13211-771 | bignardipapeis.***** | 1966 | $77,060,200 | 950 | N/A | N/A | 61192522000127 |
| 41 | Copapa CIA Paduana De Papeis | Brazil | Santo Antônio de Pádua | Av. Jose Homem Da Costa 635 93 | Rio de Janeiro | 28470-000 | copapa.***** | 1966 | $74,175,038 | 572 | N/A | N/A | 31590862000145 |
| 42 | Jaepel Papeis E Embalagens S/A | Brazil | Senador Canedo | Ac. Principal 130 | Goiás | 75252-305 | jaepel.***** | 2004 | $72,195,834 | 600 | N/A | N/A | 06142539000161 |
| 43 | Ondunorte CIA De Papeis E Papelao Ondulado Do Norte - Em Recuperacao Judicial | Brazil | Igarassu | Av. Alfredo Bandeira de Melo S/n | Pernambuco | 53640-000 | ondunorte.***** | 1966 | $71,606,225 | 950 | N/A | N/A | 10808699000174 |
| 44 | Santa Maria CIA De Papel E Celulose | Brazil | Guarapuava | Rod. Br 277 Km 364 S/n | Paraná | 85031-350 | santamaria.***** | 1969 | $71,198,367 | 1,255 | N/A | N/A | 77887917000184 |
| 45 | Miguel Forte Industrial SA - Papeis E Madeiras | Brazil | União Da Vitória | Av. Marechal Deodoro 2565 | Paraná | 84600-010 | N/A | 1943 | $70,712,509 | 370 | N/A | N/A | 81645525000186 |
| 46 | I&M Papeis E Embalagens | Brazil | Bragança Paulista | Rod. Alkindar Monteiro Junqueira S/n | São Paulo | 13252-810 | artivinco.***** | 2005 | $69,273,468 | 1,026 | N/A | N/A | 07277575000286 |
| 47 | Smurfit Kappa Do Brasil Industria De Embalagens S/A | Brazil | Pirapetinga | Rua Inpa 186 | Minas Gerais | 36730-000 | N/A | 1961 | $65,492,460 | 970 | N/A | N/A | 23524952000100 |
| 48 | Sopasta S/A Industria E Comercio | Brazil | Tangará | Rua Rio Bonito 218 | Santa Catarina | 89642-000 | sopasta.***** | 1966 | $62,737,767 | 400 | N/A | N/A | 86352069000108 |
| 49 | Tetra Pak | Brazil | Monte Mor | Rod. Jornalista Francisco Aguirre Proenca S/n | São Paulo | 13193-229 | tetrapak.***** | 1966 | $60,091,020 | 890 | N/A | N/A | 61528030000160 |
| 50 | Schweitzer Mauduit Do Brasil Industria E Comercio De Papel | Brazil | Piraí | Av. Darcy Vargas 325 | Rio de Janeiro | 27195-000 | swmintl.***** | 1966 | $59,779,436 | 495 | N/A | N/A | 33073008000137 |