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6

1987

1990

1995

2003

2007

2009

2012

2013

2011

First export

of logs from

Uruguay

Forest plantations

begin

UPM Kymmene

and Shell found the

company

Forestal Oriental

First harvest

operations

Joint venture between the companies

Forestal Oriental and Tile Forestal

Adquisición logística y exportación de

madera [Procurement, logistics and

timber exports]. Largest exporter in

Uruguay.

Botnia purchases shares in Shell, one

of the largest forestry companies in

Uruguay Start of operations at the

plant in Fray Bentos.

Start of operations

at the plant

in Fray Bentos

Cellulose

production

per hectare

doubled

compared

with the

first forest

plantations

UPM selects Forestal

Oriental to lead the

“Forest Plantations

Operation”

UPM acquires

the Botnia and

Forestal Oriental

plant.

Inauguration of

the Research and

Development Centre at

the UPM Plant.

Santana Nursery

Inauguration.

History