Low pulp and energy prices smother Ence’s Q1 profits

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Low sales prices of pulp and energy left Spanish pulp and energy group Energía y Celulosa (Ence) gasping also in the first quarter of 2020. Measures to prevent and minimise Covid-19 risks for the group’s employees made it possible to maintain employment in full, Ence writes in its interim report for its pulp, ...

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