Celulosa Arauco y Constitución
Company type | Parent Empresas Copec | |
---|---|---|
Subsidiaries | Forestal Valdivia | |
Website | www.arauco.cl |
Celulosa Arauco y Constitución (also called CELCO or ARAUCO) is a Chilean
The company was founded in September 1979 as result of the fusion of Celulosa Arauco S.A. (1967) and Celulosa Constitución S.A. (1969). Both companies had been privatized during the
History
This section needs expansion. You can help by adding to it. (April 2024) |
Investments
In May 2009 Arauco and the Finnish company Stora Enso announced a €253 million deal that would make their joint venture the largest landowner in Uruguay.[1]
In September 2009 Arauco purchased the Brazilian panel company Tafisa Brasil in a deal worth US$227m.[2]
Pollution controversies
Valdivia
Beginning in 2004, and just months after the opening of CELCO's Valdivia plant, thousands of
A report contracted by the Chilean government to the regional university (Universidad Austral de Chile) found that the company's pollution was responsible for rapid ecological change in the wetlands leading to the decline of populations of swans and other water birds.
Mataquito
In December 1999 the pulp mill Licancel (located in the coast of Curicó, Maule Region) was accused of causing the death of hundreds of fish due to the dumping of wastewater into Mataquito River.[8] In June 2007 Licancel once again caused the death of fish in the river. The sanitary authorities ordered a temporary closure of the plant for 30 days, and CELCO dismissed three executives. Two weeks later 200,000 liters (44,000 imp gal; 53,000 U.S. gal) of industrial waste water escaped from a broken pipeline, of which 50,000 reached the river. CELCO said that it was an industrial accident, that they would close the plant until further notice, and that the spill would not have any impact on the environment. The Secretary of State for the Environment said that, despite having large financial and technical resources, CELCO had an extremely poor environmental record.[9]
References
- ^ Sami Rainisto (18 May 2009). "Stora Enso nousee Uruguayn maaherraksi". Talouselämä (in Finnish). Talentum. Archived from the original on 7 September 2009. Retrieved 2009-05-18.
- ^ "Arauco buys Tafisa Brasil". WBPIOnline. 1 September 2009. Archived from the original on 2009-09-04. Retrieved 2009-09-01.
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(help) - ^ MA&C Consultores (October, 2004) “Apoyo al Seguimiento Ambiental del proyecto Celulosa Planta Valdivia Celulosa Arauco y Constitución S.A.” Final Report, Versión 3, N°2.
- ^ El Mercurio, “Lagos acusa a CELCO de dañar la imagen del país”, 7 de junio 2005.
- ^ UACh (2005) "Estudio sobre origen de mortalidades y disminución poblacional de aves acuáticas en el Santuario de la Naturaleza Carlos Anwandter, en la provincia de Valdivia." Universidad Austral de Chile, April 2005.
- ^ WWF (2005) Findings and Recommendation Report: WWF International Assessment Mission for the Carlos Anwandter Nature Sanctuary and CELCO pulp mill controversy in Valdivia, Chile.
- ^ "EyN: Celco frena querella al pagar $614 millones" [Celco stops lawsuit by paying $614 million]. www.economiaynegocios.cl (in Spanish). 2007-06-15. Retrieved 2024-04-03.
- ^ "MORTANDAD DE PECES EN EL RIO MATAQUITO: UN TEMA PENDIENTE" [FISH DEATH IN THE MATAQUITO RIVER: A PENDING ISSUE]. www.olca.cl (in Spanish). 1999-12-27. Retrieved 2024-04-03.
- ^ "Ejecutivos reconocen ante comisión del Senado responsabilidad de Celco en contaminación de río Mataquito" [Before the Senate commission, executives acknowledge Celco's responsibility for the contamination of the Mataquito River]. La Tercera (in Spanish). 2007-10-10. Retrieved 2024-04-03.
External links
- Celulosa Arauco y Constitución S.A Official site