Arauco’s revenues increase in 4Q18; sales, prices drop

SAO PAULO, March 12, 2019 (PPI Latin America) -Chilean pulp supplier Arauco reported revenues of $1.3 billion in the last quarter of 2018, a 3.5% or $46.3 million increase compared to the fourth quarter of 2017. Year to date, the company’s total revenues increased by 13.7% reaching $5.9 billion in 2018.

The company stated in its fourth quarter release that in general, all markets showed a stable demand, but its pulp division and wood products sales decreased compared to the last quarter, due to a slight fall in prices and sales volume. “This was mainly a result of the delayed impact ...

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