Thursday, December 23, 2021
Arauco is conducting an Environmental Impact Assessment as the first step toward evaluating the viability of a new $200 million MDF production line in Zitácuaro, Michoacán, Mexico. If the project proceeds, subject to the approval of local and state authorities, production is expected to start during 2024. It would double the company’s MDF capacity in Mexico.
“We are investing in Mexico to meet the growing demand in the construction and furniture industries,” remarks Pablo Franzini, president of Arauco North America. “This is a demonstration of our commitment to the market and will ensure we continue to develop and maintain successful relationships with our commercial partners.”