Chile’s Ultramar reportedly to invest in new pulp and wood port terminal in Brazil

SAO PAULO, June 11, 2019 (PPI Latin America) -Chilean logistics company Ultramar is reportedly studying a Real 300 million ($77.2 million) investment to build a new terminal specializing in pulp and wood handling in Rio Grande do Sul state, southern Brazil. According to the state’s governor Eduardo Leite, who has been meeting several Chilean executives recently to attract investments, Ultramar should build a “mini-port” inside the port complex of Rio Grande.

The Rio Grande do Sul government released several pictures of the meeting with Ultramar’s executives, but the company stated toPPI Latin Americathat it would not comment about the possible investment. ...

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