1 apr 2010

SANTIAGO, March 31 (Reuters) - Chile's Arauco, one of the world's largest pulp producers, said Wednesday it expects to recover 70 percent of its pulp output capacity during April after a Feb. 27 earthquake shut down several of its plants.

Arauco, the forestry unit of Chilean industrial conglomerate Copec COP.SN, said its Nueva Aldea and Licancel pulp plants are expected to be back online in April.

The plants have a combined output capacity of around 1.14 million tonnes per year.

Its Arauco plant could partially restart in April while the company said it could not say when the Constitucion plant could be back online.

The 8.8-magnitude quake killed hundreds of people, mangled roads and damaged the country's key forestry, fruit and fishing industries. (Reporting by Juan Jose Lagorio; Writing by Alonso Soto; Editing by Rene Pastor)

Source: Reuters

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