Tuesday, May 21, 2024

Chile’s Arauco shuts down pulp plant, cutting around 160 jobs By Reuters

© Reuters.

(Reuters) – Chilean pulp and wood panel maker Arauco said on Tuesday it is halting indefinitely its operations at its Licancel pulp plant due to environmental challenges, causing some 160 workers to lose their jobs.

The plant’s output amounts to 3% of Arauco’s total annual pulp production, the company said in a filing.

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