Empresas CMPC could invest between US$1.5B-US$2B to add 1.3 million tonnes/year capacity to its Guaiba, Brazil, pulp mill, expanding capacity to up to 1.8 million tonnes/year from 450,000 tonnes/year
Kendall Sinclair
LOS ANGELES
,
September 21, 2011
(Forestweb)
–
Chili’s Empresas CMPC SA may invest from US$1.5 billion to US$2 billion on an additional 1.3 million tonnes per year of pulp capacity at its Guaiba, Brazil, mill, a company spokesman said, the Dow Jones News Wires reported on Sept. 16.
The project is in early engineering stages and could expand the capacity to 1.75 million-1.8 million tonnes/year from its current 450,000 tonnes/year, according to a spokesman.
CMPC, Chile’s second-largest pulp producer, acquired the Guaiba mill from Brazil’s Fibria SA for US$1.43 billion in 2009. The company produces a total of 2.5 million tonnes/year of pulp, Dow Jones reported.
The primary source of this article is Dow Jones News Wires, New York, New York, on Sept. 16, 2011.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.
