CMPC

CMPC agreed to sell its Chilean corrugated packaging business, including Envases Impresos Cordillera and Chimolsa, to Smurfit Westrock for $420 million, subject to review by Chile's National Economic Prosecutor's Office.

Smurfit Westrock agreed to acquire the Chilean containerboard and corrugated business of Empresas CMPC for $420 million, including a recycled containerboard mill in Santiago, three corrugated plants and a molded tray facility. Completion is expected in the first half of 2027.

Chile's CMPC agreed to buy three plants and forests of Paraná-based Iguaçu Celulose Papel for R$946 million including debts. The deal gives CMPC entry into Brazil's packaging market as the second-largest paper bag supplier.

Valmet and CMPC finalized an agreement under which Valmet will supply key technology and automation for the BioCMPC project at the Guaíba pulp mill in Brazil. The line 2 capacity will rise from 1.5 to 1.85 million ADt/y, with start-up expected in Q4 2023. The order value was not disclosed.

Smurfit Westrock agreed to acquire the Chilean containerboard and corrugated business of Empresas CMPC for $420 million, including one recycled containerboard mill, three corrugated plants and one molded tray facility. The deal was announced on September 23, 2026.