CMPC mulls financing options for new project

CMPC mulls financing options for new project

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Chilean pulp and paper producer Empresas CMPC is considering funding options for a $530 million project to expand and modernize its pulp mill in Brazil, CFO Ignacio Goldsack said on Friday. “We are analyzing alternative ways to finance this project,” he said on a conference call with analysts without providing details. On Thursday, CMPC’s board of directors approved the project, which will increase the output capacity of an existing line at its complex in Guaiba, southern Brazil to 350,000 metri

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