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BNDES supports Aracruz in projects in three states

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Published in issue 51/2005
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The Brazilian development bank Banco Nacional de Desenvolvimento Econômico e Social (BNDES) is to grant the Brazilian pulp group Aracruz Celulose S.A. loans totalling R$297m (around €112.3m) for investment projects in the three federal states Espírito Santo, Bahia and Rio Grande do Sul. The bank says this ...

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