Finland's UPM will construct a second 2.1 million ton pulp mill in Uruguay

Jul 31, 2019

Finland's UPM on Tuesday made the investment decision to construct a 2,1 million ton eucalyptus pulp mill near Paso de los Toros in central Uruguay.

The highly competitive mill investment of US$ 2,7 billion will grow UPM’s current pulp capacity by more than 50%, resulting in a step change in the scale of UPM’s pulp business as well as in UPM’s future earnings. Additionally, UPM will invest US$ 350 million in […]

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