Empresas CMPC creates new bioenergy company


Empresas CMPC creates a new subsidiary under the name of Bioenergías Forestales S.A. On December 9, the company notified the chilean exchange supervisory authority SVS that Bioenergías Forestales will be managing and operating the company's new bioenergy plant in Nacimiento, Chile.

Once it is fully started up, the plant is expected to produce 500 GWh per year. The start-up is scheduled for the first quarter 2012.
CMPC has invested about US$150m in the project.

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