Arauco’s Board of Directors recently approved the MAPA project (Spanish acronym for Modernization and Extension of Arauco Mill), a pulp production initiative that involves a USD 2,350 million investment in Chile, the largest investment in the company’s history.  Even though MAPA started in 2015 with the construction of the new wastewater treatment system, the extension stage will begin in December this year and is estimated to start operating in late March 2021.  At the production level, the project includes the termination of line 1, the modernization of current production line 2 and the ...