Arauco enters the pulp business in Brazil with its largest investment in history

The Angelini group's forestry company agreed to build a pulp mill with the government of Mato Grosso do Sul.

RIO DE JANEIRO, BRAZIL - Arauco took an important step in announcing its entry into the pulp business in Brazil after closing an investment agreement with the government of Mato Grosso do Sul for the future construction of a pulp mill.

The new venture of the Angelini group company will be located in the municipality of Inocência, 337 km from Campo Grande, the capital of the state of Mato Grosso do Sul (MS).

According to figures from the forestry company, the project contemplates an investment of US$3 billion and will begin construction in 2025.

"Brazil is an important pole . . .

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