11 Articles
11 Articles
Smurfit Westrock has concluded an agreement to buy the paper business for packaging and corrugated cardboard from the Chilean paper mill CMPC in Chile in a transaction valued at US$ 420 million. The operation transfers the full control of the subsidiaries Impresos Envases Cordillera and Chilena de Moldeados, which make up the corrugated division of the South American forest producer, to the global packaging giant. The assets include a recycled p…
BioBioChile
paiscircular.clCMPC companies announced to the market the sale of their corrugated cardboard business and, with it, plants in Chile responsible for producing these products. According to the essential fact sent to the Commission for the Financial Market (CMF), today the company closed an agreement with Smurfit WestRock, giant of the sector with operations in 40 countries and that it acquired for US$420 million 100% of the shares of Cordillera Cordillera SpA an…
This includes the production of paper in Puente Alto, corrugated cardboard packaging solutions in Buin, Til Til and Osorno, as well as moulded packaging through Chimolsa and the recovery and recycling of paper and cardboard through a 12-point collection network.
Smurfit Westrock expects the closure to take place during the first half of 2027.
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