Enviva turnover exceeds US$1bn mark

Cost increases lead to losses / Volume of sold pellets at stable level

In the fourth quarter of 2021, higher costs in the areas of manufacturing, sales, administration and development led to an operating loss of -US$55.4m (Oct.-Dec. 2020: -16.7m) for US pellet producer Enviva Inc. (Enviva), Bethesda, Maryland. Pre-tax profit and net profit dropped even further into the negative zone, at ...

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