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Aracruz Celulose´s Net Rises
Aracruz Celulose, Latin America’s biggest pulp exporter, saw its second-quarter profit more than triple to $207 million as the Brazilian real rose and debt costs tumbled. The real gained 19 percent in the second-quarter, helping Aracruz reduce the cost of paying its $1.76 billion of debt, which is 75 percent linked to the U.S. dollar. The company´s sales fell 9 percent to $342 million.
