RIO DE JANEIRO, BRAZIL - They've been there for years. But in the last 12 months, forestry companies have stepped up their offensive. Late last year, CMPC completed its divisions in this market, acquiring Iguaçu's bio packaging assets for US$170 million.
Before that, it had added the Guaíba pulp mill and Melhoramentos Papeis to the tissue business. It has been in operation since 2009.
Last week, Arauco followed suit . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here