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Article: Suzano Paper and Pulp Announces Consolidated Results for the 3rd Quarter of 2008.
- Article from:
- PR Newswire
- Article date:
- October 22, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Suzano reports record EBITDA, despite the unstable business environment
SAO PAULO, Brazil, Oct. 22 /PRNewswire-FirstCall/ -- Suzano Paper and Pulp - (Bovespa: SUZB5), one of Latin America's largest pulp and paper producers, announced today consolidated results for the 3rd quarter of 2008 (3Q08).
Main Highlights of the Quarter
-- Record market pulp and paper production of 694.7 thousand tons;
-- Record paper sales of 305.7 thousand tons;
-- Pulp prices under pressure in September: US$ 820 / t (CIF Europe),
US$ 780 / t in Asia and US$ 845 / t in North America;
-- Pulp cash cost of R$ 453 / ton, excluding the Mucuri maintenance
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