Empresas CMPC, a firm controlled by the Matte family in the forestry sector, estimated investments of US$658 million for 2026, focusing on its forestry and pulp business, though mostly allocated to operational continuity.
"The Capex for this year is US$658 million, of which the pulp business itself accounts for US$150 million," detailed the general manager of Empresas CMPC, Francisco Ruiz-Tagle, following the annual ordinary shareholders' meeting held yesterday, as reported by ValorFuturo.
In detail, the executive added that US$138 million goes to its subsidiary Softys, and US$7 million to paperboards. "In Chile, of the US$311 million, and in Brazil it will be US$64 million," he said.
"For Natureza (an emblematic pulp project in Brazil), there are basically very minimal investments related to the studies that have been conducted, totaling about US$20 million," he specified, recalling that this is precisely the largest project the company has on its agenda for the next five years, requiring investments exceeding US$4 billion.
The chairman of the board, Bernardo Larraín Matte, who presided over the meeting for the first time, stated that the company faced a complex 2025, marked by a deterioration in several markets where it operates, a situation that deepened in some cases. Greater self-sufficiency in pulp in key markets such as China, stemming from the trade war, along with lower demand, has caused prices for this input to fall. Meanwhile, the mass consumption business, through Softys, although it has grown, has experienced a deterioration in its EBITDA. This is due, among other factors, to overcapacity in key markets (Mexico and Brazil), indicated Larraín Matte.
Source:El Mercurio
Comentarios (0)
No hay comentarios aún. ¡Sé el primero en comentar!
Deja un comentario