UPM inaugurates its Paso de los Toros pulp mill in Uruguay
UPM 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 Luis Lacalle Pou, several ministers and representatives of other stakeholders who have participated in the successful execution of UPM’s growth project in Uruguay. 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. With an increase of more than 50% in UPM’s current pulp capacity, this growth investment creates a step change in the scale of UPM’s pulp business and future earnings. It also has a significant impact on Uruguay’s economy and creates significant opportunities for the country’s people and communities.