Nip Impressions logo
Thu, Sep 21, 2017 04:49
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Items just for you
New publication added! Advertising Arguments 2015 book
Search
My Profile
Login
Logout
Management Side
Technical Side
Chile's Arauco buys rival Masisa's facilities in Brazil in $100 million deal

SANTIAGO (From news reports) -- Chilean forestry company Arauco has reached an agreement to buy two wood panel plants in Brazil from competitor Masisa, in a deal worth $102.8 million, the company said.

Arauco, a division of industrial conglomerate Empresas Copec, is acquiring one plant in the state of Parana and another in Rio Grande do Sul, the company said in a note to Chilean regulators. The transaction makes Arauco the second largest producer of wood panels in the world and comes as Masisa carries out a divestment plan in Brazil, as well as Argentina and Mexico.

The deal comes a month after exclusive negotiations by Arauco to acquire Brazilian pulpmaker Eldorado J&F Investimentos SA failed over price disagreements.

****

Jim Thompson is back again...with a new book on a taboo subject: the personalities in the pulp & paper industry. Jim has written in the past on many subjects based on his four plus decades in the worldwide pulp and paper industry. This new book is packed full of information valuable to the senior member of the industry as well as the recent entrant. A must for every pulp and paper library.


Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: