Pinnacle: higher raw material costs lead to loss

100,000t long-term contract with Japanese customer ratified

In the third quarter of 2019 higher production costs and write-downs compared to last year contributed to the fact that, at -Can$0.7m (+1.5m), net profit of Canadian pellet producer Pinnacle Renewable Energy Group Inc. (Vancouver, British Columbia) transpired to be slightly negative. Taking into consideration ...

Read more

You can only use this article with a valid subscription and registration. Registered subscribers can access all articles after entering their user name and password.
- Ad -

Article topics
Article categories
- Ad -