Exhibit 8.1

List of Subsidiaries of Suzano S.A.
Subsidiaries	Country of Incorporation
CELLUFORCE INC.		CANADA
ENSYN CORPORATION		U.S.
F&E TECHNOLOGIES, LLC		U.S.
F&E TECNOLOGIA DO BRASIL S.A.		BRAZIL
FIBRIA CELULOSE (U.S.A.), INC.		U.S.
FIBRIA OVERSEAS FINANCE LTD		CAYMAN ISLANDS
FIBRIA TERMINAL DE CELULOSE DE SANTOS SPE S.A.		BRAZIL
FUTURAGENE BIOTECHNOLOGY (SHANGAI) COMPANY LTD.		CHINA
FUTURAGENE DELAWARE INC.		U.S.
FUTURAGENE HONG KONG LTD.		HONG KONG
FUTURAGENE INC.		U.S.
FUTURAGENE ISRAEL LTD.		ISRAEL
FUTURAGENE LTD		ENGLAND
IBEMA COMPANHIA BRASILEIRA DE PAPEL		BRAZIL
ITACEL – TERMINAL DE CELULOSE DE ITAQUI S.A.		BRAZIL
MAXCEL EMPREENDIMENTOS E PARTICIPAÇÕES S.A.		BRAZIL
MUCURI ENERGÉTICA S.A.		BRAZIL
PAINEIRAS LOGÍSTICA E TRANSPORTES LTDA.		BRAZIL
PORTOCEL – TERMINAL ESPECIALIZADO DE BARRA DO RIACHO S.A.		BRAZIL
PROJETOS ESPECIAIS E INVESTIMENTOS LTDA.		BRAZIL
RIO VERDE PARTICIPAÇÕES E PROPRIEDADE RURAIS S.A.		BRAZIL
SPINNOVA PLC		FINLAND
SFBC PARTICIPAÇÕES LTDA.		BRAZIL
STENFAR S.A. INDUSTRIAL COMERCIAL IMPORTADORA Y EXPORTADORA		ARGENTINA
SUZANO CANADA INC.		CANADA
SUZANO FINLAND OY		FINLAND
SUZANO INTERNATIONAL TRADE GMBH		AUSTRIA
SUZANO AUSTRIA GMBH		AUSTRIA
SUZANO OPERAÇÕES FLORESTAIS E INDUSTRIAIS S.A.		BRAZIL
SUZANO PULP AND PAPER AMERICA, INC.		U.S.
SUZANO PULP AND PAPER EUROPE S.A.		SWITZERLAND
SUZANO SHANGHAI LTD.		CHINA
SUZANO TRADING LTD.		CAYMAN ISLANDS
SUZANOTRADING INTERNATIONAL KFT		HUNGARY
VERACEL CELULOSE S.A.		BRAZIL