Stora Enso and Arauco invsets in building 1.3million TPA pulp mill in Uruguay
Stora Enso's and Arauco's joint- venture company Montes del Plata will build a new state-of-the-art 1.3 million tonnes per year pulp mill at Punta Pereira, in the department of Colonia, Uruguay. The total investment is estimated to be approximately USD 1.9 billion (EUR 1.4 billion). Each of the joint-venture shareholders has a 50% stake in the mill's equity and will...