CMPC concludes payments on tissue collusion case; to donate 6 million diapers

SAO PAULO, July 16, 2019 (PPI Latin America) -Chilean pulp and paper producer CMPC informed investors that it has concluded the payment of approximately $150 million related to a case of price fixing in the Chilean tissue market. The restitution for amounts unduly or in excess paid reached 12.7 million customers, the company stated.

After a new evaluation of the impact of its actions, CMPC also announced that it agreed on donating over six million diapers to a government program for child protection.

“We know that this action does not guarantee the recovery of deteriorated confidence, but it at least allows us ...

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