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Capital & Financial MarketsPortfolio & Strategy 19 Oct 2026

Arauco Argentina authorised to sell non-core assets

Shareholders of Arauco's Argentine subsidiary have approved a general authorisation to sell company assets, with no properties, buyers or prices disclosed. Local press reports suggest the sale could cover offices, land and forest holdings deemed non-strategic, as Arauco advances its USD 4,600m Sucuriu pulp project in Brazil.

Why this mattersSales of Argentine land and forests would reshape Arauco's regional footprint while it builds a USD 4.6bn Brazilian pulp mill, though no link between the two is documented.

  • An extraordinary shareholders' meeting of Arauco Argentina, called for 19 October 2026, approved a general authorisation to transfer company assets, without naming properties, buyers or amounts.
  • Diario Financiero reported the authorisation could cover offices, land and forest holdings considered non-strategic.
  • Arauco's Sucuriu pulp project in Inocencia, Mato Grosso do Sul, Brazil, carries a planned investment of USD 4,600m and capacity of 3.5m tonnes a year.
  • Sucuriu's first stone was laid in April 2025, with start-up planned for late 2027.
  • In August 2025 Arauco announced a financing package of about USD 2,200m for Sucuriu, with IDB Invest, the IFC and guarantees from Finland's Finnvera.
  • ICI Forestal found no corporate document assigning proceeds from any specific Argentine sale to the Brazilian project.
Arauco
Sources iciforestal.uy ES
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-10-25 · Edited before publication: The meeting date was given as a vague range; the source says the meeting was called for 19 October and its approval was reported on 22 October. The last key fact now credits the observation to ICI Forestal.
  • 2026-10-25 · Edited before publication: The 'why this matters' line presented the sales as a retreat that funds Brazil. The source says no corporate document links the proceeds to Sucuriú, and warns against reading the authorisation as an exit from Argentina. Rewritten neutrally. The other fields are grounded.