News Pulp
Uruguay, UPM sign preliminary deal for pulp plant

Nov. 9, 2017 – Finnish pulp and paper maker UPM has signed a preliminary agreement with Uruguay for a potential 2-billion-euro new pulp plant project.

Last week the company announced it had concluded months of talks with Uruguay on infrastructure improvements needed for the plant. According to UPM, the deal lays out commitments and deadlines for reaching a final agreement.