Stora Enso’s pulp mill in Uruguay inaugurated
Stora Enso’s 50/50 joint operation with the Chilean pulp producer Arauco, is officially inaugurated.
The investment of the mill amounted to USD 2 270 million, with an additional USD 230 million invested in the port, making it the country’s largest private investment in history.
The Montes del Plata pulp mill’s annual capacity is 1,3 million tonnes of bleached Eucalyptus kraft pulp and Stora Enso’s part, 650 000 tonnes, is to be sold entirely as market pulp. The wood is sourced mostly from the company’s own forestry plantations. As a whole, the operations will increase Uruguay’s annual GDP by 2% and export by 7%.
The mill’s surplus power generated will feed the national grid, supplying up to 80 MW, equivalent to use by 200 000 Uruguayan households, through renewable and sustainable transformation of biomass, thus enhancing the country’s general infrastructure, according to Stora Enso.