Arauco Snapshot
If you knock on wood, Arauco will knock back. Forestry enterprise Celulosa Arauco y Constitución operates a group of companies known as Arauco. It lays claim to being Latin America's largest timber plantation owner and Chile's largest exporter of timber products. It also has operations in Argentina, Brazil, and Uruguay, with land holdings totaling some 1.5 billion hectares. Founded in 1979, Arauco has four business segments: woodpulp, panels, sawntimber, and forestry. It produces wood products including sawn timber, particle board, and plywood from six pulpmills, 14 sawmills, and eight fiberboard and plywood mills. COPEC owns nearly 100% of the shares of Celulosa Arauco y Constitución.