Enviva: lower gross margins burden results

Measures instigated to reduce costs and improve productivity

At US$8.02/t (April-June 2022: 13.19/t), the adjusted gross margin for pellet sales recorded by US-based pellet manufacturer Enviva Inc. (Bethesda, Maryland) in the second quarter of 2023 was 39.2% lower than in the corresponding period of the preceding year. According to information provided by the company, the rea...

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