The company is a subsidiary of CMPC Group (Compañía Manufacturera de Papeles y Cartones).

Softys had tasked Recard with revamping its PM 17, originally installed at the Puente Alto plant in Chile in 1990, in order to replace the fourdrinier with an up-to-date Crescent Former. The machine now is fully compliant with the tissue quality and quantity production characteristics required by the company.

CMPC Group (www.cmpc.com), one of the main world players in the production and marketing of wood, pulp, and packaging products, has thus confirmed its over thirty-year close partnership with Recard.
In addition to revamping the PM, Recard has supplied the Group with four complete paper production lines, three in plants in Peru (2001, 2007, 2010) and one in Colombia (2008). In 2012, Recard completely reconditioned another PM in Brazil for a different manufacturer.