Article: Brazil: a new board game

Richard Higgs

Leading Brazilian producers are currently welcoming more stable market conditions.

This has become apparent since 1994's 'Real Plan', linking the Brazilian currency to the US Dollar, began to take effect.

Even so, many industrialists continue to call for the Real to be devalued and sky high interest rates slashed. Most firms also know they must trim their own costs even further to face global competition.

While top hardboard and particleboard producer Sao Paulo-based Duratex SA heads for the launch of Brazil's first MDF plant next July, another particleboard player, Berneck Aglomerados, has revealed it is planning the country's ...

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