Uruguay President Mujica Courts More Finnish Forestry Investment

Patrick Archer agribusiness, competitiveness, foreign investment, real estate, uruguay

Uruguay President Jose Mujica is in Helsinki this week encouraging Finnish investors to double down on a country and a sector they have dominated in recent years: Uruguay cellulose pulp production. Yesterday President Mujica and a large delegation of Uruguay government officials met with senior executives at the Helsinki headquarters of UPM, the company that operates Uruguay’s first billion dollar …

Agribusiness Dominates List Of Wealthiest People In Uruguay

Patrick Archer agribusiness, global rankings, lifestyle, real estate, uruguay, wine & vineyards

In some countries, it’s who owns the oil. In others, its who creates the next Instagram or Twitter. But in Uruguay, it’s who owns the land and what they produce from sheep to steers to soybeans. The 120 Richest People in Uruguay is the headline of the list compiled by Entorno Inteligente which is dominated by large-scale land owners and …

Finland’s UPM To Build Uruguay’s Third Pulp Mill On The East Coast

Patrick Archer agribusiness, competitiveness, foreign investment, real estate, technology, uruguay

One month after receiving authorization to boost production at Uruguay’s first pulp mill in Fray Bentos, Helsinki-based UPM is planning to build a second mill on Uruguay’s Atlantic coast. The news surfaced over the weekend when Vice President Danilo Astori was responding to reporters questions over the rapid evolution of the timber industry in Uruguay which he described as being …

Finland’s UPM Boosting Production At Uruguay Pulp Mill

Patrick Archer agribusiness, foreign investment, uruguay

2013 will be another record year for Uruguay timber farm production and exports, and the country’s largest pulp mill won approval this week from the federal government to ramp up production. The UPM plant in Fray Bentos, currently authorized to produce 1.1 million tons per year, requested authorization to raise production to 1.3 million tons. After negotiations this week with …

Uruguay Timber Growers Benefit From US New Construction

Patrick Archer agribusiness, real estate, uruguay

The recent increase in US residential construction activity has been good news for Uruguay timber growers, according to the country’s leading forestry association. Uruguay is exporting significantly more lumber and plywood to the United States this year, a trend that is forecast to continue through 2013 and increase in 2014, says Carlos Faroppa, the director of the country’s Society of …