The first batch of pulp from Uruguay's UPM new pulp mill set sail for China
UPM and Saga Welco AS announced that the first batch of pulp from the UPM Paso de los Toros pulp mill had been successfully loaded at the new UPM deepwater pulp terminal in Montevideo and set sail for China.
On May 23, the UPM Montevideo Port pulp Terminal held a loading ceremony to witness the historic moment. Uruguayan Transport Minister JoseLuis Falero attended the ceremony. Saga Faith, a cargo ship carrying about 50,000 tonnes of UPM Finya eucalyptus pulp, set sail on May 26 and is expected to arrive at its destination in 47 days.
The UPM Pulp Terminal in the port of Montevideo began operations in October 2022. This professional and reliable pulp terminal operates 24 hours a day, with an annual capacity of over 2 million tons of pulp year round. There are 80 vessels in total. The terminal has 100 employees. 200 people participate work during the loading and unloading of cargo ships. The terminal also includes a large warehouse of over 50,000 square meters, containing control rooms, logistics space and offices, which can store 150,000 tons of pulp. UPM operates the pulp terminal as a long-term franchised operator for 50 years.
The terminal cost $240 million is an important part of UPM's cumulative $3.47 billion growth investment in Uruguay.
In addition to the terminal, UPM's investments in Uruguay include the Paso de los Toros pulp mill, which began production on April 15, 2023, and investments in local facilities in Paso de los Toros.
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