Apr 25, 2008. /Lesprom.com/. Chilean forestry and paper company CMPC SA CAR.SN said it would invest around $340 million in 2008, and will scale back investment in coming years due to energy shortages, Reuters reported. "We are coming down from an average of more than $500 million (in annual investment) because we are coming out of a period of high investment," CMPC Chairman Eliodoro Matte told. Chile is among the world's five largest wood pulp exporters and CMPC is the nation's No. 2 pulp exporter after Copec COP.SN. CMPC also produces paper.