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Aracruz’ results plunge in line with pulp prices

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Published in issue 34/2001
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Brazilian manufacturer of eucalyptus pulp Aracruz Celulose S.A. posted a decline in second-quarter results due to the drop in pulp prices. Whereas the company’s year-on-year net profits in the first quarter 2001 were only 3% down from US$34.2m in 2000, interim results for the second quarter 2001 showed year-on-year ...

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