“Portuguese pulp company Portucel has shrugged off the disastrous economic news to announce its commitment to a US$4 billion investment in Uruguay.”

“PORTUCEL SET TO OUTLINE URUGUAY PLANS TO GOVERNMENT
A delegation from the Portuguese pulp and paper company Portucel is to meet several Uruguay government chiefs in the next week, Observa newspaper has reported. The meetings will see the managers outlined their plans for Portucel’s first plant in Uruguay. Details of the meeting were outlined by the Minister of Transport and Public Works, Victor Rossi, who highlighted meeting when discussing infrastructure plans for the country over the next period.”