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.
- 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.