NUEVA ALDEA, CHILE - A wide-spreading forest fire destroyed Arauco's largest plywood plant earlier this week

Arauco said the fire also damaged the plywood plant's log yard and some of the company's radiata pine plantation.

"(A) coordinated effort to fight the fire at the Nueva Aldea site, allowed us to control and prevent it from affecting the pulp mill and other operations," the company reports on its website. More than 500 firefighters battled the blaze both inside and outside the complex Arauco employees and personnel of the National Office of Emergency (ONEMI) also participated to bring the fire under control.

The company said no fatalities or serious injuries occurred.