UPM formally inaugurates its second pulp mill

UPM formally inaugurates its second pulp mill

The Paso de los Toros plant will hold its inauguration ceremony where President Luis Lacalle Pou will participate along with other authorities.

UPM

This Tuesday will be formally inaugurated the UPM’s second pulp millalthough it already started working weeks ago, contributing to the first ship of exported cellulose made 100% in Paso de los Toros; the event will be attended by the president Luis Lacalle Pou together with other official authorities.

At noon, the inauguration of UPM 2, located north of the department of Peach and on the banks of the Negro River. This event will culminate an opening process that began weeks ago and that already has a milestone behind it: contributing to the filling of a ship with cellulose made entirely in the country.

The inauguration of UPM Paso de los Toros will be attended by President Luis Lacalle Pou, together with former government officials who participated in the authorization of the construction of the plant in previous years. As of May, UPM 2 began to export, after three years of construction and several months of fine-tuning.

An opportunity in exports

According to estimates made by a survey of Uruguay XXI cellulose will become main export product of the country during 2023. In a context of drop in exports, which fell in May to a level of 31% YoY, The report specified that pulp production would reach this year the 3.5 million tons, representing an increase in volumes of 33% compared to 2022.

In a context of drop in exports, which fell in May to a level of 31% YoY, The report specified that pulp production would reach this year the 3.5 million tons, representing an increase in volumes of 33% compared to 2022.

With this, the country will have a production capacity of 4.8 million tons per year, pointed out Uruguay XXI. Thus, everything indicates that it will become one of the world’s leading exporters of pulp, behind China, Germany and the United States.

Source: Ambito

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