Stora Enso’s and Arauco’s joint-venture company Montes del Plata chooses Punta Pereira as location for pulp mill feasibility study in Uruguay
Stora Enso’s and Arauco’s joint-venture company in Uruguay, Montes del Plata, has decided to initiate a feasibility study on Punta Pereira as the site for a possible future pulp mill. Punta Pereira was also the site chosen for Spanish pulp maker ENCE’s planned pulp mill. Stora Enso and Arauco acquired the majority of ENCE’s operations in Uruguay in October 2009.