Growth opportunity

Significant boost to economy and regional development.


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

  • Mill site preparatory works have started. These include, among others, earth moving, ground levelling, installation of electricity lines as well as construction of temporary facilities and roads to the mill.
  • Preparation work for the construction of the pulp terminal have started at the Montevideo Port.
  • Construction of temporary and permanent housing for mill construction employees is ongoing.
  • A public online recruitment platform has been opened by the Uruguayan authorities for employees and suppliers for the construction phase. 27,000 registrations were made during the first month. 

Significant boost to economy and regional development


World class pulp mill in central Uruguay