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Uruguay

Issue date: 
Nov 16, 2011

Praxair to Supply New Uruguayan Pulp Mill

Praxair Uruguay, a subsidiary of Praxair, Inc. (NYSE: PX), has signed a 15-year contract to supply oxygen to a new pulp mill complex being built in Punta Pereira, in the department of Colonia, Uruguay. The new facility will be operated by Montes del Plata, a 50-50 joint venture between Arauco of Chile and StoraEnso of Finland and Sweden.

Issue date: 
May 20, 2011

UPM and ENO Environment Online Plant Trees with Schoolchildren in UK, Uruguay and Finland

Helsinki, Finland, May 20, 2011 – UPM participates in ENO – Environment Online’s Tree Planting Day on May 20 in United Kingdom, Uruguay and Finland. The annual event is part of UPM’s partnership with ENO, a global virtual school and network for sustainable development. ENO has been running since 2000 and reached thousands of schools in 150 countries.

Issue date: 
February 23, 2011

UPM to expand its seedling production in Finland and Uruguay

Issue date: 
Feb 14, 2011

ANDRITZ in advanced negotiations with Montes del Plata for supply of major pulp mill equipment

Graz, Austria, Feb 14, 2011 - International technology Group ANDRITZ and Montes del Plata, a joint venture company of Stora Enso and Arauco, are in advanced negotiations towards concluding a contract for supply of production technologies and equipment for the new pulp mill of Montes del Plata in Punta Pereira, Uruguay (capacity: 1.3 million t/a eucalyptus market pulp). It was agreed not disclose the order value; however typical order values of comparable reference projects are between 750-800 million Euros.

Issue date: 
February 18th, 2011

ANDRITZ to supply pressurized refining

International technology Group Andritz received an order to supply a fiber preparation system for the MDF plant of Arauco do Brasil S.A. in Jaguariaíva, Brazil.

Issue date: 
14.02.2011

Andritz negotiates new major order in Uruguay

Andritz informs about new orders: The company and Montes del Plata, a joint venture company of Stora Enso and Arauco, are in advanced negotiations towards concluding a contract for supply of production technologies and equipment for the new pulp mill of Montes del Plata in Punta Pereira, Uruguay (capacity: 1.3 million t/a eucalyptus market pulp), Andritz says. It was agreed not disclose the order value; however typical order values of comparable reference projects are between 750 to 800 mn Euros, Andritz says.

Issue date: 
Jan 18, 2011

Stora Enso and Arauco joint venture Montes del Plata invests USD 1.9 billion

Helsinki, Finland, Jan 18, 2011 - 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.

Issue date: 
January 7, 2011

Stora Enso's joint venture mill in Uruguay closer to realization

Montes del Planta, the joint venture between Stora Enso and Chilean company Arauco, has received the environmental permit for its planned pulp mill project in Uruguay.

Issue date: 
January 6, 2011

Arauco receives Approval for Uruguay Plant

The Uruguayan government gave permission to Celulosa Arauco and the Swedish-Finnish company Stora Enso for the construction of a pulp mill in the area of  Conchillas, Uruguay. The Project is planed to have a capacity of 1.3 million metric tons of pulp a year, but it is not yet defined.

Issue date: 
21 Dec 2010

UPM Agrees on New Financing Arrangements

Helsinki, Finland, 21 Dec 2010 – UPM has prepaid all of the Uruguay Fray Bentos pulp mill investment project loans of USD 372 million. The security arrangements relating to the project loans will be released. The prepayment reduces financing costs and simplifies the Group's financing structure.

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by Dr. Radut