Argentine Pulp Maker Blames Milei as It Seeks Bankruptcy Protection

Argentine pulp maker Celulosa Argentina SA has filed for bankruptcy protection, citing the government of President Javier Milei as the primary reason for the poor business environment. The company, a major player in the pulp and paper industry, has attributed its decision to the policies and actions of the current administration. The article states that Celulosa Argentina SA has faced challenges in maintaining its operations due to the economic and regulatory conditions created by the Milei government. The company's decision to seek bankruptcy protection is a direct consequence of the perceived negative impact of the government's policies on the local industry. The filing for bankruptcy protection is a significant development, as it highlights the challenges faced by domestic manufacturers in the Argentine market under the Milei administration. The article does not provide further details on the specific issues or measures that led to Celulosa Argentina SA's decision, but the broader context suggests a deteriorating business environment for local industries.
Source: For the complete article, please visit the original source link below.