Spanish pulp and energy enterprise Energía y Celulosa (Ence) looks back on a very difficult 2019 business year. Receding prices for pulp and energy, lower pulp deliveries, unfavourable currency effects and high investment costs combined to impact EBIT (€32.5m) and profit (€11.5m) by 85 and 90 per cent ...
Ence postpones investments after poor year for pulp division
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