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Arauco shuts Lincantén plant amid severe flooding

Arauco has indefinitely suspended cellulose production at its Licantén plant in the Maule region due to climate-related challenges. This decision, communicated via a press release and a report to the Financial Market Commission (CMF), is prompted by extreme climate variations, floods, droughts, forest fires, and a lack of reforestation policies. Local authorities are aware, and the company is informing employees and contractors while planning plant maintenance. ....

Celulosa Arauco , Financial Market Commission , Attizhold Holding , Mataquito River , Wood Industry ,