CMPC issues $100 million in green bonds; to invest in waste treatment, PM revamp
SAO PAULO, July 9, 2019 (PPI Latin America) -The pulp and paper producer CMPC announced the placement in the Chilean market of an amount equivalent to $100 million in green bonds. The funds were raised in ChileanUnidades de Fomento (UF), totaling UF 2.5 million.
The amount will be allocated in different investment projects. The improvement of the waste treatment at the Laja mill is expected to cost $36.6 million and the modernization of the paper machine No. 20, located at the Puente Alto mill, will receive investments of $ 12.7 million
CMPC also said it will invest $4 million in the development ...