CMPC (company)
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Empresas CMPC S.A. (; popularly known as the “Papelera”) is a Chilean pulp and paper company, headquartered in Santiago, Chile. It is the largest paper manufacturer in the country; and one of the biggest companies worldwide, according to
Forbes Global 2000 The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by: sales, profit, assets and market value. The list has been published annually since 2003. By country Forbes Global 2000 as of 2023: ...
's ranking in 2023, with $1B in profits in 2023.


About

CMPC is engaged in integrated forest industry, which operates as a
holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
through four business centers:
forestry Forestry is the science and craft of creating, managing, planting, using, conserving and repairing forests and woodlands for associated resources for human and Natural environment, environmental benefits. Forestry is practiced in plantations and ...
, pulp, paper and paper products, and tissue. Each of these areas can function independently, being in the holding company for overall coordination and financial management of these businesses. Supplies, computer systems and other related administrative support, are centralized in CMPC SA Shared Services. The company has operations mainly in the South American countries
Chile Chile, officially the Republic of Chile, is a country in western South America. It is the southernmost country in the world and the closest to Antarctica, stretching along a narrow strip of land between the Andes, Andes Mountains and the Paci ...
,
Argentina Argentina, officially the Argentine Republic, is a country in the southern half of South America. It covers an area of , making it the List of South American countries by area, second-largest country in South America after Brazil, the fourt ...
,
Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...
,
Peru Peru, officially the Republic of Peru, is a country in western South America. It is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the south and west by the Pac ...
,
Colombia Colombia, officially the Republic of Colombia, is a country primarily located in South America with Insular region of Colombia, insular regions in North America. The Colombian mainland is bordered by the Caribbean Sea to the north, Venezuel ...
,
Ecuador Ecuador, officially the Republic of Ecuador, is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. It also includes the Galápagos Province which contain ...
, and
Uruguay Uruguay, officially the Oriental Republic of Uruguay, is a country in South America. It shares borders with Argentina to its west and southwest and Brazil to its north and northeast, while bordering the Río de la Plata to the south and the A ...
as well as in
Mexico Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundar ...
in North America. Its main competitors are Suzano (based in Brazil), Arauco (based in Chile),
APRIL April is the fourth month of the year in the Gregorian and Julian calendars. Its length is 30 days. April is commonly associated with the season of spring in the Northern Hemisphere, and autumn in the Southern Hemisphere, where it is the ...
(based in Indonesia), and Södra (based in Sweden).


History

The company was founded in 1920 as a merger of factories between "Cartón del Maipo" and "Esperanza" and a merge of the businessman Luis Matte Larraín and the German engineer Germán Ebbinghaus. In 1983, CMPC expanded in to the printing business. In 1992, a partnership was form between CMPC and Simpson Paper Co. to form Celulosa del Pacífico S.A. (CELPAC). In 1995, CMPC purchased 20% of
Scott Paper Company The Scott Paper Company was a manufacturer and marketer of sanitary tissue products with operations in 22 countries. Its products were sold under a variety of well-known brand names, including ''Scott Tissue'', ''Cottonelle'', ''Baby Fresh'', ''S ...
in Chile. They have been subject to many controversies. In 2017, CMPC agreed out of court to compensate consumers who were affected by illegal price fixing on soft paper business (such as toilet, napkins, tissues, diapers, and others).


References

{{S&P Latin America 40 Pulp and paper companies of Chile Manufacturing companies based in Santiago, Chile Holding companies established in 1920 Manufacturing companies established in 1920 Renewable resource companies established in 1920 Companies listed on the Santiago Stock Exchange Companies in the Índice de Precio Selectivo de Acciones Companies in the S&P Latin America 40 Chilean companies established in 1920