Celulosa Arauco y Constitución
| Company type | joint stock company |
|---|---|
| Founded | 1979 |
| Headquarters | Santiago, Chile |
Key people | Anacleto Angelini Julio Ponce |
| Products | woodpulp engineered wood products wood |
Number of employees | 13227 direct employees+ 27000 contract workers |
| Parent | Empresas Copec |
| Subsidiaries | Forestal Valdivia |
| Website | www.arauco.cl |
Celulosa Arauco y Constitución (also called CELCO or ARAUCO) is a Chilean wood pulp, engineered wood and forestry company controlled by Anacleto Angelini's economic group Empresas Copec. In 2006 CELCO/ARAUCO had five pulp mills in Chile and one in Argentina. Apart from pulp mills, CELCO/ARAUCO has 4 engineered wood manufacturing plants in Chile, 2 in Argentina and 2 in Brazil.
The company was founded in September 1979 as a result of the fusion of Celulosa Arauco S.A. (1967) and Celulosa Constitución S.A. (1969). Both companies had been privatized during the Pinochet era from CORFO in 1977 and 1979, respectively.