The raw material to Uruguayan pulp mill has been secured already in the beginning of the project

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The Indonesian forestry research centre CIFOR has published a study in which
they handle among other Botnia's pulp mill project in Uruguay. 

CIFOR covers in its study the role of World Bank and IFC (International Finance
Corporation) in financing projects and the risks of various projects. In this
context they question the availability of raw material to Botnia's pulp mill in
Uruguay as well as the environmental impact assessment and socioeconomic study. 

This study and the press release issued on it include information on the
availability and securing of raw material to the Uruguayan pulp mill that is
incorrect. The information is based on old studies made before Botnia started
in Uruguay. CIFOR has not been in contact with Botnia's representatives and has
not made any studies regarding Botnia's raw material acquisitions. 

The availability of wood raw material to Botnia's pulp mill has been secured
from the very beginning of the project. 70 percent of the wood raw material
comes from own plantations, and 10 percent from the family-owned company
Otequi, which is one of the largest private forest land owners in Uruguay and
one of the owners in Botnia S.A. with a 9 percent share. The remaining 20
percent will be acquired from private forest owners or funds with long-term
agreements. In addition to this, there will still remain eucalyptus to export
for long-term customers. 

The eucalyptus plantations in Uruguay are FSC certified. There are no old
forests or rain forests in Uruguay, which means that all wood raw material to
Botnia's pulp mill comes entirely from the plantations. 

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