# ARAUCO approves $2.35B modernization and extension of Arauco Mill in Chile

ARAUCO's Board of Directors approved the MAPA project, a US$2.35 billion investment to modernize and extend the Arauco Mill. The project includes a new production line (Line 3) with annual capacity of 1.56 million tons, increasing total pulp production by 2.1 million tons per year. It is expected to be operational in late March 2021.

- Type: Expansion
- Announced: 2018-07-24
- Where: Arauco, Chile, Chile
- Value: $2.35B
- Jobs: 8,000
- Starts operating: Mar 2021
- Status: announced
- Capacity: 1,560,000 tons per year (Line 3); total increase 2,100,000 tons per year
- Products: pulp, renewable energy from forest biomass
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Arauco](https://endata.com/companies/12491.md)

## Sources

- [arauco.com](https://arauco.com/aus-nz/arauco-approves-the-construction-of-mapa-the-largest-investment-in-the-companys-history/), 2018-07-24: "we're very proud of this project's m"
- [arauco.com](https://arauco.com/chile/este_es_arauco/mapa/), 2018-08-14: "MAPA ha sido el más amplio programa de inversiones en la historia de ARAUCO y precisamente lo desarrollamos en una comuna con la que nos une una larga y estrecha relación de pertenencia, pues ahí nace esta compañía."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.