Aug 31, 2007. /Lesprom Network/. Arauco has initiated on August 30, 2007 the start up process of production of the pulp mill of Nueva Aldea Complex in the province of Ñuble, 8th region of Chile. This start-up process last around nine months during which pulp production will be gradually increased until reaching an annual production capacity of 856.000 tones. The Nueva Aldea Industrial Complex required an investment of $1.4 million and will generate exports for more than $600 million per year. Besides it will employ directly and indirectly around 10 000 people and will contribute to the national grid with a substantial electric energy surplus produced from biomass. Arauco is one of the largest forestry enterprises in Latin America in terms of surface area and yield of its plantations, production of market kraft woodpulp, and production of sawntimber and panels.