Stora Enso and Arauco aquiring plantations

Chile's Arauco and Finland's Stora Enso last week established a share contribution and framework agreement to move ahead with their acquisition together of 140,000 ha of owned land and plantations, and 6,000 ha of leased lands and other operations in the central and western areas of Uruguay from Spain's Grupo Ence for US$343 million. Source: RISI


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