Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, November 21st 2024 - 22:45 UTC

Tag: UPM-Kymmene

  • Thursday, May 4th 2017 - 06:29 UTC

    Uruguay advances with investors in a project to build a third pulp mill

    “Some remaining items still need to be solved as we start the work on the contract language which will specify the mutual responsibilities”, pointed out Sarantola.

    “Good progress has been made in the discussions between the Government of Uruguay and UPM concerning the infrastructure development and other local prerequisites for long-term industrial growth in Uruguay. We are now in agreement regarding the majority of the key items on the negotiation agenda,” says Jaakko Sarantola, Senior Vice President, UPM, Uruguay Platform.

  • Monday, February 6th 2017 - 22:08 UTC

    Uruguayan president and business delegation begin tour of Germany, Finland and Russia

    Merkel said the EU/Mercosur trade accord is a “strategic” priority for Germany and Vazquez' visit takes place just days before another round of negotiations

    Uruguayan president Tabare Vazquez, six cabinet ministers and a numerous business delegation begin on Monday a two weeks official tour of Germany, Finland and Russia to increase political and trade links, particularly in the “new international scenario” and hopefully advancing in locking the long delayed accord between the European Union and Mercosur.

  • Thursday, January 26th 2017 - 20:04 UTC

    UPM comments market speculations concerning an alleged pulp mill investment in Uruguay

    Finland's UPM has a pulp mill plant in Fray Bentos, a successful investment despite ongoing disputes with Argentina

    UPM states that it is not engaged in negotiations on a pulp mill investment with the Uruguayan government. As earlier announced, the company is considering prospects and prerequisites for long-term development in Uruguay. Currently UPM is engaged in discussions with the Government of Uruguay on infrastructure development.

  • Saturday, June 14th 2014 - 09:29 UTC

    Argentina on the war path against Uruguay following re-ignition of pulp mill dispute

    Timerman called for the immediate back-rolling of Uruguay's authorization to increase UPM pulp mill production

    Argentina reacted strongly and with a letter in harsh terms to Uruguay's decision to authorize Finland's UPM-Kymmene pulp mill to increase annual production by 8%. The letter addressed by Foreign minister Hector Timerman to his peer Luis Almagro informs Argentina will take the case to international tribunals and is currently 'reassessing' bilateral relations.