Growth opportunity

Significant boost to economy and regional development. The pulp mill project is proceeding at full speed according to the planned schedule.


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.


Latest developments

  • The project is proceeding according to the planned schedule. More than 3,000 people are currently working on the project at the different construction sites.
  • At the pulp mill site in Paso de los Toros earth and road works are continuing. Civil construction works are proceeding according to plans. Construction of the flue-gas stack is in its final phase and the foundations for the other process buildings are progressing. The project offices and canteen services are in place.
  • At the pulp terminal in Montevideo, pier and tank area construction are proceeding and the pulp warehouse and unloading area steel framing is ongoing.
  • The temporary and permanent housing construction are also proceeding as planned, and the first houses are already in use by the construction workers.

Significant boost to economy and regional development


World class pulp mill in central Uruguay