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Andritz puts in claim against Stora Enso

Andritz has initiated arbitration proceedings against a joint venture in Uruguay owned by Stora Enso and Arauco, claiming 200 million euro. 

The arbitration relates to building the Montes del Plata pulp mill in Punta Pereira. The joint venture, called Celulosa y Energia Punta Pereira, disputes the claims, Stora Enso said in a statement.

It added that Celulosa y Energia Punta Pereira will pursue its own claims against Andritz for breach of contract.

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