Lumin, a leading timberland, and forest products company, will invest approx. US$ 136 million to build its third industrial plant in Uruguay, which is expected to create more than 300 jobs and significantly increase the country’s sustainable plywood production. Following approval by Lumin’s Board of Directors, which includes representatives of the BTG Pactual Timberland Investment […]
Tag Archives: Uruguay paper industry
25
Dec
Dec
UPM is finalizing the construction works of the greenfield eucalyptus pulp mill in Uruguay and enters the final phases of the project. The start-up of the 2.1 million tonne/year mill near Paso de los Toros is expected by the end of the first quarter of 2023. While the project work continues intensively, the finalization of […]
08
Oct
Oct
UPM has inaugurated its new pulp terminal in the port of Montevideo, Uruguay. This investment of approximately USD 280 million is a fundamental part of UPM’s USD 3.47 billion growth investment in Uruguay that includes a state-of-the-art pulp mill in Paso de los Toros, new eucalyptus tree nursery as well as local community investments in […]