In order to improve wood procurement options and to support self-sufficiency in wood supply to Fray Bentos pulp mill in Uruguay, UPM's plantation company Forestal Oriental has acquired about 25,000 hectares of land in Uruguay from a private land owner.The purchase includes several different plots of land. About half of the land is either already planted or suitable for eucalyptus plantations. The total price for the land acquisition, including the standing wood reserves, is about 65 million Euros.Forestal Oriental is UPM's plantation company in Uruguay. It has been operating since 1990. The head offices are located in the cities of Paysandú and Montevideo. Forestal Oriental is focused on sustainable production of eucalyptus in Uruguay. The company owns about 225,000 hectares of land, out of which about 135,000 hectares are used for plantations. The majority of the wood harvested is supplied to UPM Fray Bentos pulp mill.