Arauco to wrap up purchase of all shares in Flakeboard during second half of this year

Flakeboard mills to be merged with Moncure site

The Chilean wood-based panels manufacturer Paneles Arauco S.A., based in Santiago de Chile, intends to significantly expand its operations in North America by acquiring the Canadian particleboard and MDF/HDF manufacturer Flakeboard Co. Ltd., based in Markham, Ontario. Paneles Arauco’s parent company, Celulosa Arauco ...

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