Bosques los Lagos SpA (BLL) is the continuation company of Forestal Los Lagos that was created in 1988 by Forestal del Sur. Today Bosques los Lagos is a joint venture between an American investment fund (80%) and the major shareholders of Forestal del Sur (20%). Its objective is the establishment of Eucalyptus plantations in order to supply woodchips for the pulp and paper industry.
Forestal del Sur S.A. owns 50% of Forestal Atlántico Sur S.A.R.L. (FAS) and its Uruguayan partner, the other 50%. FAS supplies from Uruguay sawlogs to China and woodchips to Europe and the Uruguayan domestic market. Forestal Atlántico Sur’s chipping facilities are next to Montevideo port and it is able to process 360,000 BDMT per year.