Second pulp mill project in Uruguay could be taken over by Portugal
Published on: Friday 12 July 2019
Spain’s pulp and paper manufacturer Ence is ready to accept 400 million US dollars from its Portuguese competitor Portucel to keep the pulp mill project in Uruguay alive. Portucel would take a considerable share of the mill, forested land and would join Ence in a strategic alliance according to reports in the Spanish financial newspaper Expansion.
News source: https://en.mercopress.com/2009/04/29/second-pulp-mill-project-in-uruguay-could-be-taken-over-by-portugal
