TRADE ACCOUNTS RECEIVABLE (Tables)

12 Months Ended

Dec. 31, 2025

Trade and other current receivables [abstract]

Disclosure of Trade Accounts Receivables by Type of Customer


			12/31/2025						12/31/2024
Domestic customers
Third parties			1,918,437						1,989,455
Related parties (Note 11.1) (1)			68,209						83,343

Foreign customers
Third parties			4,705,509						7,090,160
Related parties (Note 11.1)									202

Expected credit losses (ECL)			(131,548)						(30,300)
			6,560,607						9,132,860

(1)The balance refers to transactions with Ibema Companhia Brasileira de Papel.

Disclosure of Past Due Trade Accounts Receivables by maturity and allowance for doubtful accounts


			12/31/2025						12/31/2024
Current			5,794,713						8,216,570
Overdue
Up to 30 days			465,967						682,142
From 31 to 60 days			89,398						134,674
From 61 to 90 days			44,305						38,187
From 91 to 120 days			21,225						17,701
From 121 to 180 days			45,072						12,402
From 181 days			99,927						31,184
			6,560,607						9,132,860

Disclosure of Changes in Allowance for Doubtful Accounts


			12/31/2025						12/31/2024
Opening balance			(30,300)						(31,962)
(Provisions)/Reversals, net			(119,417)						(2,585)

Write-offs			16,937						5,790
Exchange rate variations			1,232						(1,543)
Closing balance			(131,548)						(30,300)