Macro Finance
A $4.6 Billion Pulp Project in Brazil Has Chile’s CMPC in a Bind
Bloomberg Markets·October 6, 2026·1 min read
Chilean forestry company Empresas CMPC SA faces a dilemma: push ahead with a $4.6 billion pulp project in Brazil and risk its investment grade rating, or shelve it and fall behind rivals. The decision weighs expansion ambitions against financial prudence in a capital-intensive industry.
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