- CEO
- Hernan Jorge Bagliero
- Sector
- Process industries
- Industry
- Pulp & paper
- Address
- Capitán Bermúdez Argentina
- IPO Date
- Jul 6, 2011
- Business
- Celulosa Argentina S.A. is an integrated forestry, pulp, and paper manufacturing company headquartered in Capitán Bermúdez, Santa Fe Province, Argentina. Founded in 1929, the company operates across the forest-industrial value chain, engaging in sustainable forestry management, the production of bleached eucalyptus kraft pulp, and the manufacturing, converting, and distribution of a broad portfolio of paper and packaging products. The company organizes its core business into several integrated segments: Printing and Writing Paper, manufacturing uncoated woodfree papers for commercial printing, publishing, stationery, and office applications under brand names including Boreal, Borealcel, Bookcel, Spring Cel, Paintcel, and Pampa; Pulp Production, manufacturing bleached short-fiber eucalyptus pulp for internal papermaking operations and external merchant sales; Packaging and Specialty Papers, producing packaging substrates, kraft papers, converting grades, and tissue paper; Forestry and Bioenergy, managing eucalyptus and pine forest plantations, harvesting timber, and generating renewable thermal and electric power from forestry biomass; and Commercialization and Distribution, operating comprehensive logistics and sales channels serving publishers, converters, commercial printers, and wholesale distributors across Argentina and Latin American export markets, supported by commercial operations in Uruguay through its subsidiary Fábrica Nacional de Papel S.A. (Fanapel). The company operates primary industrial manufacturing complexes in Capitán Bermúdez (Santa Fe) and Zárate (Buenos Aires). In recent corporate developments, Celulosa Argentina initiated a major strategic, operational, and financial restructuring following acute liquidity pressures and industrial stoppages. In September 2025, the company filed for judicial preventive reorganization (concurso preventivo) to restructure over 128 million USD in liabilities, concurrently undergoing a change in corporate control when Argentine financier Esteban Nofal, head of CIMA Investments, acquired a controlling 45.5 percent equity stake to lead an operational turnaround. In early 2026, the company completed a mandatory public acquisition offer (OPA) following the control change, implemented extensive cost-rationalization programs, restarted industrial plant operations, and continues court-supervised reorganization proceedings aimed at restructuring creditor claims and stabilizing manufacturing operations.