UPM has made an investment decision to construct a 2,1 million tonne greenfield eucalyptus pulp mill near Paso de los Toros in central Uruguay. Besides the mill, the total investment of USD 3 billion also includes a pulp terminal in the port of Montevideo as well as investments in local facilities in Paso de los Toros.
Significant boost to economy and regional development. The pulp mill project is proceeding at full speed according to the planned schedule.
- The project is proceeding at full speed according to the planned schedule. At the pulp mill site, civil construction, earth moving and road works are ongoing. The construction of the 130 metres chimney is advancing. In addition, the construction of the permanent offices, main canteen and infirmary on the mill site began.
- As of 1 July, the construction of the housing solutions for the workers is at its peak employing more than 430 people in Paso de los Toros, Pueblo Centenario, Carlos Reyles and Durazno city. The first housing blocks in Paso de los Toros are completed. There are already 2 companies installed and some 60 workers living on the houses.
- At the pulp terminal in Montevideo port, the back filling of the area is completed and construction works continue on the tank park and the pulp warehouse. At the beginning of July, around 25% of the total work has been completed.