GTAI: Brazil’s pulp giants investing more cautiously than envisioned

Weak economy offers no support for demand growth

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The worldwide rise in market prices of hardwood pulp (BHKP) in 2018 set the stage for renewed investments and capacity expansions. While Brazilian pulp and paper producer Suzano was busy with the takeover of Fibria, the capital lenders of Eldorado were mired in legal disputes after the company’s acquisition by ...

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