Chile's Celulosa Arauco y Constitucion is looking to expand its wood pulp production by over 40 percent with a newly approved $2.1 billion expansion project, the company announced recently.
The Arauco mill in southern Chile will increase its productio to 2.1 million tonnes once the expansion is complete.
The project includes the suspension of Arauco mill's 280,000 tonne eucalyptus production line, a modernization of the 506,000 tonne pine line, and the construction of a third 1.56 million tonne line, according to Reuters.
