Uruguayan company, leader in suppling high quality forestry products to the world

Uruguayan company, leader in suppling high quality forestry products to the world

About Us

Lumin is owned by a consortium of long-term institutional investors.

In September 2017, a consortium led by BTG Pactual Timberland Investment Group (TIG) acquired Weyerhaeuser's forest land in Uruguay and its plywood manufacturing plant.

With more than 25 years of experience in Uruguay, LUMIN manages 120,000 hectares of land with 65,000 hectares of forests in Rivera, Tacuarembó, Cerro Largo and Treinta y Tres. The forests are managed intensively with pruning and thinning. LUMIN also has a clonal eucalyptus nursery, a bio-fuel cogeneration plant and a plywood manufacturing plant. More than 785 people staff the work teams in Tacuarembó, Rivera, Cerro Largo, Treinta y Tres and Montevideo

 

TIMBER INVESTMENT GROUP (TIG)

TIG is one of the oldest and largest forestry investment management organizations. With their primary locations in the United States and Latin America, it dates back to 1981 and has nearly $5.2 billion in managed assets.

TIG has a combined experience of more than 1000 years in investment, agribusiness and forest management. It is focused on sustainable forestry practices, maintaining productive and respectful relationships with local communities, and labor and tax law in the regions in which it invests.

With 3 million acres under management, TIG is committed to investing sustainably and strives to achieve investment returns through rigorous environmental and social standards. TIG and its parent company, BTG Pactual, have been operating under the United Nations Principles for Responsible Investment since 2015, and TIG properties have been third-party certified under the Forest Stewardship Council® (FSC-C002169) and the Programme for the Endorsement of Forest Certification (PEFC).

For additional information about TIG, visit http://www.timberlandinvestmentgroup.com

 

British Columbia Investment Management Corporation (BCI)

BCI, which is part of the consortium, is among Canada's largest institutional investors, with $211.1 billion under management as of March 31, 2022. With its headquarters in Victoria, British Columbia, and offices in Vancouver and New York, BCI invests in fixed income and private debt, public and private capital, infrastructure and renewable resources, as well as real estate equity and debt through its independently-operated platform company, QuadReal Property Group.

BCI seeks investment opportunities that transform savings into productive investments, meeting their clients' risk and ROI requirements. To this end, BCI integrates long-term ESG strategies into investment decisions and activities. BCI's clients include pension plans, insurance funds and special purpose funds in British Columbia's public sector.

For more information visit WWW.BCI.CA

Forestation

Forestation

Our forests are made up of pine and eucalyptus trees managed with pruning and thinning, with the aim of supplying high-quality products and services.

In our Tacuarembó nursery we produce seedlings to supply raw material for the manufacturing of boards with excellent structural and engineering properties.

Manufacturing

Manufacturing

Two state of the art plywood manufacturing plants and an energy cogeneration plant are located in Paso del Manco, Tacuarembó.

This reinforces our commitment to the use of renewable energy, in alignment with our environmental sustainability policies.

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