UPM and the Government of Uruguay have signed an investment agreement, which outlines the local prerequisites for a potential pulp mill investment.  The agreement details the roles, commitments and time-line for both parties as well as the relevant items to be agreed prior to the final investment decision.  The agreement defines the requirements for the operating environment of a world-class pulp mill project. The site of the mill would be close to the city of Paso de los Toros, in central Uruguay.  A long-term industrial operation requires stable and predictable operational ...