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Urupanel ceases production after bankruptcy filing

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Published in issue 47/2014
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The MDF and plywood manufacturer Urupanel S.A., based in Tacuarembó, Uruguay, filed for bankruptcy at the end of July 2014 after persistent losses. This company has been owned by the Ecuadorian particleboard and MDF producer Aglomerados Cotopaxi S.A. (Acosa), headquartered in Quito, since June 2012. At the same time, ...

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