December 10, 2021 |
Chilean pulp and paper producer Empresas CMPC said Thursday that it has reached an agreement to buy assets in Brazil from Iguaçu Celulose Papel for BRL946 million ($171 million) in its latest acquisition to expand its business in Latin America's largest economy.
CMPC will buy three factories that make paper products, including paper bags, as well as a pine tree plantation, it said in a securities filing. The plants have capacities to produce between 21,000 and 500,000 metric tons per year of pro
Chilean paper producer agrees to buy land and factories in Paraná and Santa Catarina from Iguaçu Celulose for $171 mln