Companies in the timber industry / Daily News / Forestry / Lumber / Sawmilling / Wood-based panels / Global / South America
November 8, 2022

Arauco’s plants in Argentina at risk of shutdown under import controls

Arauco’s plants in Argentina at risk of shutdown under import controls
The Chamber of the Argentine Timber Industries (CAIMA) has warned that local timber producers may soon be forced to cease all production operations due to a shortage of imported raw materials due to restrictions imposed by the Argentine government on overseas purchases.    Behind the increasingly stringent import control measures are Argentina’s foreign exchange reserves, which have gradually bottomed out. As of August, Argentina’s foreign exchange reserves fell to less than $29 billion, the lowest level since September 2016.    Arauco Argentina, Argentina's largest forestry industry company, which directly employs more ...

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

All this for only 248 EURO/year!

(approximately $ 272.51, Paypal exchange rate)

Register now:

Checkout Options
Yearly subscription - 248 EUR/year
password strength indicator
Additional Info

We Accept PayPal
Billing Address