{"id":128291,"date":"2023-06-20T07:23:00","date_gmt":"2023-06-20T05:23:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=128291"},"modified":"2023-06-15T12:06:00","modified_gmt":"2023-06-15T10:06:00","slug":"upm-inaugurates-its-paso-de-los-toros-pulp-mill-in-uruguay","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/upm-inaugurates-its-paso-de-los-toros-pulp-mill-in-uruguay\/","title":{"rendered":"UPM inaugurates its Paso de los Toros pulp mill in Uruguay"},"content":{"rendered":"\n\n\n<p><strong>UPM today inaugurated its Paso de los Toros pulp mill in the department of Durazno in Central Uruguay. The inauguration event was attended by the President of Uruguay\u00a0Luis Lacalle Pou, several ministers and representatives of other stakeholders who have participated in the successful execution of UPM\u2019s growth project in Uruguay.<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>In his opening speech the Chairman of <strong>UPM\u2019s Board of Directors\u00a0Henrik Ehrnrooth<\/strong>\u00a0highlighted the consistent development of the sustainable Uruguayan forest industry and UPM\u2019s operations in the country: \u201dA key milestone for the Uruguayan forest industry was the Forestry Law which was enacted in 1987. The aim of this law was to diversify the country\u2019s industrial portfolio, ensuring sustainable land-use and protecting its natural forests. We can all see how well it has succeeded in all these goals and created a strong new export industry in Uruguay, sustainably.\u201d<\/p><p>\u201cToday we celebrate UPM\u2019s largest investment in our 150-year of history. UPM\u2019s first eucalyptus seedlings were planted in 1990. The path from then until today has been a great cooperation between authorities, UPM and its partners. The results of this cooperation will serve the interests of Uruguay and its people as well as UPM for decades to come,\u201d said <strong>Ehrnrooth<\/strong>.<\/p><\/blockquote>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/ml-eu.globenewswire.com\/Resource\/Download\/c3f9e992-93f3-422b-8e7c-1e65bdb3fe64\" alt=\"\"\/><\/figure><\/div>\n\n\n\n<p>UPM made its decision to invest in the Paso de los Toros pulp mill in 2019. Despite the pandemic, the mill started up in April 2023, and its first pulp delivery to customers followed in May. UPM\u2019s third tree nursery in Sarand\u00ed del Y\u00ed started operations in summer of 2022, and the new pulp terminal in Montevideo in October the same year. The total USD 3.47 billion investment covers the pulp mill and the port terminal as well as investments in the local infrastructure in Paso de los Toros.<\/p>\n\n\n\n<p>The UPM Paso de los Toros pulp mill has an annual production capacity of 2.1 million tonnes of eucalyptus pulp. The mill represents the latest and best available technology. It is energy efficient with minimal environmental impacts and optimised maintenance.<\/p>\n\n\n\n<p>With an increase of more than 50% in UPM\u2019s current pulp capacity, this growth investment creates a step change in the scale of UPM\u2019s pulp business and future earnings. It also has a significant impact on Uruguay\u2019s economy and creates significant opportunities for the country\u2019s people and communities.<\/p>\n\n\n\n<p>Altogether UPM\u2019s value chain \u2013 eucalyptus plantation operations, the Fray Bentos and Paso de los Toros pulp mills and related logistics \u2013 together with its contractors creates approx. 7,000 direct and 10,000 induced jobs in Uruguay.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">About <strong>UPM<\/strong><\/h3>\n\n\n\n<p>We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility, we are committed to the UN Business Ambition for 1.5\u00b0C and the science-based targets to mitigate climate change. We employ 17,200 people worldwide and our annual sales are approximately EUR 11.7 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore \u2013 Beyond fossils.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UPM today inaugurated its Paso de los Toros pulp mill in the department of Durazno in Central Uruguay. The inauguration event was attended by the President of Uruguay\u00a0Luis Lacalle Pou, several ministers and representatives of other stakeholders who have participated in the successful execution of UPM\u2019s growth project in Uruguay. In his opening speech the [&#8230;]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"A Total of USD 3.47 billion investment covers the pulp mill and the port terminal as well as investments in the local infrastructure in Paso de los Toros","footnotes":""},"categories":[5572],"tags":[5838,13702,6268,15004],"supplier":[22290,11726,22289],"class_list":["post-128291","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-bioeconomy","tag-cellulosics","tag-forestry","tag-woodpulp","supplier-la-republica-oriental-del-uruguay","supplier-upm-corporation","supplier-upm-paso-de-los-toros"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/128291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=128291"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/128291\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=128291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=128291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=128291"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=128291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}