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Aracuz: bad half-year results

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Published in issue 35/1996
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In the first half of 1996, Aracruz Celulose S.A., Rio de Janeiro, a Brazilian producer of eucalyptus pulp, recorded net profits of US$53.2m. This means that profits declined by US$138.4m, compared to US$191.6m generated in the same period of the previous year. The company says the decline reflects the low pulp prices ...

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