CHILE (Notifix).- Arauco's consolidated sales reached US $ 1,036.7 million during the second quarter of 2012, an increase of 2.6% compared to the US $ 1,010.4 million obtained in the first quarter of 2012. This increase is mainly explained by higher sales of the pulp division by 7.0% During the second quarter of 2012, consolidated adjusted EBITDA reached US $ 229.4 million, an increase of 20.2% compared to the US $ 190.9 million obtained during the first quarter of 2012. Arauco's consolidated net income for the second quarter of 2012 reached US $ 63.5 million, an increase of 21.9% compared to the US $ 51.4 million obtained in the first quarter of the year, mainly explained by higher sales of 2.6% or US $ 26.3 million and a decrease of Other operating expenses of 61.4% or US $ 21.0 million and lower financial cost of 22.0% or US $ 12.8 million. Those effects were partially offset by a decrease in exchange rate differences of US $ 27.8 million when compared with the previous quarter. Capital expenditures during the second quarter of 2012 reached US $ 197.2 million, a decrease of 30.7% when compared to the US $ 284.7 million invested during the first quarter of 2012.