Japan’s Oji sets up forest plantation company in Uruguay

Japan’s Oji sets up forest plantation company in Uruguay Japanese paper maker Oji Holdings Corp. has announced the establishment of a company in Montevideo, the capital of Uruguay, for forest plantation acquisition. According to Tuesday’s announcement, Oji Uruguay Forest Company SAS will buy a plantation straddling the northern Uruguay departments of Tacuarembo and Rivera for 288 million dollars. The acquisition increases the total area of the Oji Holdings group’s forest plantations by about…
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