Deal #4248

Location

Location #1

Spatial accuracy level
Administrative region
Location
Colonia, Uruguay

Target country
Uruguay
General info

Land area

Size under contract (leased or purchased area, in ha)
[2017] 2747
Size in operation (production, in ha)
[2017] 2116
Comment on land area
The land started to be acquired since 2009, and it has been increasing through the years Area in production is planted area

Intention of investment

Intention of investment
Timber plantation (for wood and fibre)

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
[2009] Concluded (Contract signed)

Implementation status

Implementation status
[2009] In operation (production)
Comment on implementation status
the joint venture started in 2009 with plantations growing
Employment

Number of total jobs created

Jobs created (total)
Yes
Comment on jobs created (total)
The joint venture had 566 employees at Dec 2012, and 870 from outsourcing in whole Uruguay.In Colonia, The Joint Venture has 292 workers registered (2012) but, not all are from the farm, because the company has a pull plant project in course and it has employed many workers for the construction labors
Investor info

Operating company

Operating company
Montes del Plata (#35521)
Name of investment project
Colonia Land

 

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Data sources

Data source #1

Data source type
Company sources
URL
http://www.montesdelplata.com.uy/descarga.php?file=archivos/descargables/respub.pdf
File
Date
2013-03-30
Comment on data source
Land extention Location employment production former use

Data source #2

Data source type
Company sources
URL
http://www.storaenso.com/media-centre/publications/annual-report/Documents/Stora_Enso_E_Global_Responsibility_Report_2012.pdf
File
Date
2013-02-07
Comment on data source
Land rented to the farmers

Data source #3

Data source type
Company sources
URL
http://www.montesdelplata.com.uy/la_empresa.html?idSec=0&lang=es
File
Date
2012-12-03
Comment on data source
The joint venture started in Oct 2009. They produce the wood, process and export it

Data source #4

Data source type
Media report
URL
http://www.espectador.com/sociedad/249955/montes-del-plata-construye-en-la-zona-de-conchillas-la-planta-de-celulosa-mas-grande-del-mundo
File
Date
2012-10-08
Comment on data source
the pull plant project in Colonia

Data source #5

Data source type
Company sources
URL
http://www.arauco.cl/informacion.asp?idq=626&parent=625&idioma=21
File

Data source #6

Data source type
Company sources
URL
http://www.montesdelplata.com.uy/prensa/pdf/mdp_resumenpublico_gestionforestal2014.pdf
File

Data source #7

Data source type
Company sources
URL
http://api.columnis.com/uploads/043/Documentos/resumen-gestion-forestal-2017.pdf?hash=

Data source #8

Data source type
Company sources
URL
https://www.montesdelplata.com.uy/forestacion-3
Local communities / indigenous peoples

How did the community react?

Comment on community reaction
there are farmers who rented the company's land to pastoral activities for their cattle
Former use

Former land owner (not by constitution)

Former land owner
Private (large-scale farm)
Comment on former land owner
From Eufores S.A

Former land use

Former land use
Forestry

Former land cover

Former land cover
Forest land
Produce info

Detailed crop, animal and mineral information

Crops area
Eucalyptus

Use of produce

Has domestic use
Yes
Has export
Yes

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
The joint venture processes the wood and exports it
Water

Water extraction envisaged

Water extraction envisaged
No
Comment on water extraction envisaged
but eucalyptus absorbs groundwater in an intensive way

Source of water extraction

Source of water extraction
Groundwater
Comment on source of water extraction
Not from a well. Eucalyptus absorbs groundwater naturally
Gender-related info

Any gender-specific information about the investment and its impacts

Comment on gender-related info
the joint venture has 566 employees in Uruguay, 209 are women
Overall Comment

Overall comment

Overall comment
This is a deal from split up deal 932
History (4 versions)

Feb. 27, 2019, 8:04 p.m.

overwritten

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March 21, 2016, 3:16 p.m.

overwritten

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Dec. 4, 2013, 8:46 p.m.

overwritten

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Dec. 4, 2013, 8:38 p.m.

active

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