Arauco and ETEX signed a partnership agreement to improve habitability and sustainability in construction with innovations in the development of dry construction solutions with wood for the home, building and remodeling markets. This partnership will have a $6 million investment, starting in Chile to strengthen the national and Latin-American market, as the company says in the press release received by Lesprom Network.
Today, Chile maintains a number of initiatives to strengthen building with wood. This partnership is a step forward in the industrialization of construction and will generate an offer that meets the complexities and challenges of the future.
“This alliance is in line with Arauco’s activities and the challenge of strengthening the industry with construction solutions in timber that are sustainable and that contribute to people’s quality of life. It also answers to the new opportunities our company has recently visualized, and in this sense, what’s better than doing it with a company that has a lot of experience and presence in over 40 countries worldwide,” said Matías Domeyko, Arauco’s CEO.
The operation is subject to the usual terms and conditions of this type of business, such as previous approval by the National Economic Public Prosecutor’s office. This free competition authority has already been notified.
