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Chilean Paper Company Arauco Inaugurates Business Unit in China

Arauco (Santiago, Chile), a producer of pulp, paper and forestry products, opened a new commercial office in Shangai, China, in the first part of July.

Released Thursday, July 29, 2010

Chilean Paper Company Arauco Inaugurates Business Unit in China

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Researched by Industrial Info Resources (Sugar Land, Texas)--Arauco (Santiago, Chile), a producer of pulp, paper and forestry products, opened a new commercial office in Shangai, China, in the first part of July.

Arauco has been a pulp provider for China for more than 30 years and has approximately 300 customers in the country. About 40% of the company's sales are carried out in Asia.

Company officials stated that having an office in Shangai would strengthen trade relations with Asian clients and would allow them to meet rising pulp demand. The new Chinese division will primarily focus on technical support and market intelligence, logistic solutions, and the commercial management of pulp. Arauco has other business units around the world, including Colombia, Argentina, Brazil, Peru, the United States, Mexico, Australia and Europe.

The opening of the Shangai office was originally scheduled for the first quarter of this year, but was postponed after an earthquake struck Chile on February 27. For more details, see March 30, 2010, article - Earthquake Forces Chilean Pulp, Paper & Wood Companies to Halt Production. The earthquake forced the company to concentrate on the recovery of the production mills that were affected.

Arauco is one of the largest forestry companies in Latin America. The company commercializes and produces kraft woodpulp, sawn timber and panels. The enterprise currently exports products to more than 50 countries.

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
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