Argentina approves $300M debt to finance Corrientes paper plant

SAO PAULO, Nov. 6, 2018 (PPI Latin America) -The Argentinean government has included in its 2019 budget $405 million in guarantees of indebtedness for the Corrientes province, of which $300 million should be used to fund the installation of a pulp and paper mill in Ituzaingó city. The remaining amount, local authorities revealed, will be allocated to energy transmission lines, security and connectivity.

Agroforestal Oberá, in partnership with Grupo Bermejo and Forestal Las Marias, has aproject to build a greenfield mill in Ituzaingówith capacity to produce 500,000 tonnes/yr of kraftliner paper integrated with pulp production. The project – named Isyry ...

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