The story
The company was founded in 1920 as a merger of factories between "Cartón del Maipo" and "Esperanza" and a merge of the businessman Luis Matte Larraín and the German engineer Germán Ebbinghaus.
In 1983, CMPC expanded in to the printing business. In 1992, a partnership was form between CMPC and Simpson Paper Co. to form Celulosa del Pacífico S.A. (CELPAC). In 1995, CMPC purchased 20% of Scott Paper Company in Chile.
They have been subject to many controversies. In 2017, CMPC agreed out of court to compensate consumers who were affected by illegal price fixing on soft paper business (such as toilet, napkins, tissues, diapers, and others).
From Wikipedia’s article on Empresas CMPC, shared under CC BY-SA 4.0.4
