Well, as you know, pulp and paper is quite intense in terms of capital expenditure because usually what you do is you continue running your existing operations and take the free cash flow to fund your transformation. However, in a situation of a crisis like today, where basically your main source of funds is not there anymore because of the declining market, then the shift towards transforming your facility requires financial support if you want to make the economics work.
On November 23rd, 2020. See this statement in context.