v3.25.1
Investments (Tables)
3 Months Ended
Mar. 31, 2025
Investments [Abstract]  
Disclosure of Investments Accounted for Using Equity Method and Fair Value - ICO
03/31/202512/31/2024
Investments in associates and joint ventures420,618 453,371 
Goodwill 224,096 225,486 
Other investments evaluated at fair value through other comprehensive income1,006,820 1,138,066 
1,651,534 1,816,923 
Disclosure of Detailed Information About Investment in Associates and Joint Ventures
Information of investees as at
Company Participation
03/31/2025Carrying amountIn the income (expenses) for the period
EquityIncome (expenses) of the periodParticipation equity (%)03/31/202512/31/202403/31/202503/31/2024
Associate
Foreign
Ensyn Corporation(936)(7,046)24.80 %(232)(3,091)(1,408)
Spinnova Plc (1)
441,192 (49,051)18.76 %82,768 95,254 (9,161)(9,065)
Simplifyber, Inc. 14.20 %28,711 30,060 
111,247 125,316 (12,252)(10,473)
Joint ventures
Domestic (Brazil)
Biomas - Serviços Ambientais, Restauração e Carbono Ltda.8,839 (8,697)16.66 %1,473 2,923 (1,449)(1,142)
Ibema Companhia Brasileira de Papel377,992 7,117 49.90 %188,618 193,901 3,551 7,461 
Foreign
F&E Technologies LLC 11,829  50.00 %5,914 6,378   
Woodspin Oy226,731 (13,855)50.00 %113,366 124,853 (6,927)(5,753)
309,371 328,055 (4,825)566 
Other investments evaluated at fair value through other comprehensive income
Bem Agro Integração e Desenvolvimento S.A.5.82 %3,737 4,026  
Celluforce Inc.8.28 %25,813 27,823 
Nfinite Nanotechnology Inc.5.00 %5,886 6,347  
Lenzing Aktiengesellschaft 15.00 %971,384 1,099,870  
1,006,820 1,138,066   
1,427,438 1,591,437 (17,077)(9,907)
(1)The average share price quoted on the Nasdaq First North Growth Market (NFNGM) was EUR0.52 on March 31, 2025 and EUR0.95 in December 31, 2024.