Tag: Pulp Mill

• Tuesday, August 23rd 2011 - 04:12 UTC

  Argentina says the pulp mill conflict with Uruguay is over and ‘buried’

  

  Diplomatic relations between Argentina and Uruguay are going through “a very good moment, which can obviously be improved”, but there are “no open conflicts” because the dispute over the Botnia pulp mill has been definitively “buried”, said Argentine Foreign Affairs minister Hector Timerman.

• Wednesday, August 3rd 2011 - 22:02 UTC

  Uruguay’s second pulp project receives 200 million loan from IDB

  

  The Inter-American Development Bank (IDB) approved a 200 million dollars loan for Uruguay’s second major pulp mill investment, Celulosa y Energía Punta Pereira S.A. and Zona Franca Punta Pereira S.A., belonging to the Montes del Plata Group.

• Monday, August 1st 2011 - 22:47 UTC

  Record Foreign Direct Investment in Uruguay in 2010 with 2.35 billion dollars

  

  Foreign Direct Investment, FDI, in Uruguay was record in 2010 with 2.35 billion dollars (47.8% higher than in 2009) according to the latest report on global investment from the UN Conference on Trade and Development, UNCTAD. FDI represented 30.5% of total gross investment in Uruguay last year.

• Friday, May 27th 2011 - 22:37 UTC

  Chile’s pulp giant Arauco trebles profits in first quarter of 2011

  

  Chile’s Arauco the forestry and pulp unit belonging to the Copec group, trebled profits in the first quarter boosted by higher international prices and sale volumes particularly pulp, according to the company’s latest financial report.

• Thursday, May 26th 2011 - 19:53 UTC

  Construction of Uruguay’s second pulp mill begins with concern on costs in Pesos

  

  The scarcity of qualified labour and the increase in costs have become a growing concern for the pulp mill that Chilean and Scandinavian investors are building in Conchillas, Uruguay.

• Thursday, April 28th 2011 - 02:41 UTC

  Chilean and Finnish companies confirm second pulp mill in Uruguay

  

  Chilean fuel and forestry conglomerate Empresas Copec SA will invest a record 1.2 billion US dollars this year, company president Roberto Angelini said on Wednesday, according to local newswire Valor Futuro.

• Monday, January 17th 2011 - 13:32 UTC

  Uruguay: A new pulp mill goes ahead

  

  Montes Del Plata, a 50/50 joint venture between Chilean Arauco and Finnish Stora Enso, manufactures cellulose pulp from wood, and has been operating in Uruguay since 2009.

• Friday, August 13th 2010 - 03:20 UTC

  Chilean and Swedish companies insist with new pulp mill in Uruguay

  

  Chilean wood pulp producer Celulosa Arauco y Constitucion SA seeks to continue its regional expansion as it develops plans for a new pulp mill in Uruguay, Arauco's corporate director, Franco Bozzalla, said this week.

• Friday, April 30th 2010 - 05:54 UTC

  Uruguay’s Fray Bentos Pulp Mill Boosts Profits of Finland’s UPM

  

  Finland’s pulp and paper manufacturer UPM's (OMX: UPM1V) Fray Bentos unit in Uruguay proved overwhelmingly the most profitable, helping to boost an otherwise first quarter profit of the year which was described as “unsatisfactory” by CEO Jussi Pesonen.