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Capital & Financial MarketsOperations & Footprint 16 Oct 2026

Celulosa Argentina narrows quarterly loss by 87% but remains in insolvency proceedings

Celulosa Argentina, under preventive insolvency proceedings since September 2025, reported a comprehensive loss of ARS 14,196.2m for the quarter to 31 August 2026, about 87% less than the ARS 109,432m lost a year earlier. Consolidated revenue rose 59% to ARS 46,729.7m and output rose 288% to 22,654 tonnes after the mills restarted following the 2025 stoppage. The company still faces restricted access to credit and high energy costs, and has been paying wages in instalments.

Why this mattersWith output almost quadrupled but a gross loss still recorded, Celulosa Argentina's recovery as a domestic supplier of paper, tissue and eucalyptus pulp remains unproven.

  • Comprehensive loss of ARS 14,196.2m for the quarter ended 31 August 2026, against ARS 109,432m a year earlier
  • Consolidated revenue rose 59% to ARS 46,729.7m
  • Production rose 288% to 22,654 tonnes of printing and writing paper, tissue and eucalyptus market pulp
  • Gross loss narrowed from ARS 29,157.4m to ARS 12,529m
  • Esteban Nofal took 45.5% and control in September 2025, with a financing line of up to USD 18m for wages and working capital
  • The Capitán Bermúdez and Zárate plants had production interruptions in recent months
Celulosa Argentina
Sources mundopoder.com 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

  • 2026-10-19 · Edited before publication: Gas and wood supply disruptions, insolvency-linked financing costs, the August/September wage delays with a November instalment, and the Forestadora Tapebicua details are not in the source text. Amounts stay in ARS because no rate was supplied. Lowered to 2.