Archive for the ‘Portucel’ Category

Last week, Portucel announced that it had signed memorandums of agreement to build pulp mills with the governments of Uruguay and Mozambique. In Uruguay, Portucel plans a 1.3 million tons a year pulp mill, followed by a paper plant. In Mozambique, Portucel plans a 1 million tons a year pulp mill.
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According to Thompson Financial, Portucel – Empresa Produtora de Pasta e Papel SA is considering building a plant in Mozambique, according to the chairman of Portugal’s investment agency, Basilio Horta.
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