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Business Description
Papel Prensa SAICF y de M is an Argentina-based company primarily engaged in the production of newsprint paper. The Company is also involved in the forestry sector and it obtains the raw material used in the production process from its poplar and willow trees plantations located in the Parana River-Delta forestall areas. The Company’s facilities include an industrial complex established in the city of San Pedro. In addition, the Company supplies its products to La Nacion, El Clarin and La Razon newspapers, among other Argentinean newspapers. As of December 31, 2011, Arte Grafico Editorial Argentino SA was the Company’s major shareholder with 37% of its interest.