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2 clusters · 6 sources · 28 days · First seen · Last updated

CMPC asset divestments in Chile

Overview

CMPC has engaged in several significant asset sales in Chile to refocus its capital on core cellulose and large-scale paper operations.

In September 2026, the company reached an agreement to sell its corrugated packaging business to Smurfit Westrock for US$420 million. This transaction includes the transfer of subsidiaries Envases Impresos Cordillera and Chilena de Moldeados, various production assets, and a logistics network, affecting approximately 1,500 workers.

In October 2026, CMPC agreed to sell roughly 60,000 hectares of forest land in the Maule Region to J.P. Morgan Natural Capital for US$365.5 million. The sale, conducted through its subsidiary Forestal Mininco, involves pine radiata plantations. As part of the deal, CMPC entered into a long-term wood supply agreement with Bosques San Pedro SpA to ensure raw material availability for its cardboard plant in Maule.

Entities

CMPC · Smurfit Westrock · Chilena de Moldeados · Sebastián Moraga · Maule Region

Timeline

  1. [BUSINESS] 3 sources
    CMPC sells Maule forest assets to J.P. Morgan Natural Capital

    CMPC is selling 60,000 hectares of forest land in Chile's Maule Region to J.P. Morgan Natural Capital for US$365.5 million.

  2. [BUSINESS] 3 sources
    CMPC to sell Chilean corrugated business to Smurfit Westrock for US$420 million

    CMPC will sell its Chilean corrugated packaging business, including Envases Impresos Cordillera and Chimolsa, to Smurfit Westrock for US$420 million, pending regulatory approval.

Sources

araucanianoticias.cl · argentinaforestal.com · g5noticias.cl · latercera.com · portalagrochile.cl · valor.globo.com