Exhibit 8.1

The following table sets forth our ownership interests in our subsidiaries as of December 31, 2019.

	Country of incorporation	Total stock held
Agenciamiento y Servicios Profesionales S.A. de C.V.	Mexico		99.9990	%
Arauco Argentina S.A.	Argentina		99.9801
Arauco Australia Pty Ltd.	Australia		99.9990
Arauco Bioenergía S.A.	Chile		99.9999
Arauco Canada (ex Flakeboard Company Limited)	Canada		99.9990
Arauco Colombia S.A.	Colombia		99.9982
Arauco do Brasil S.A.	Brazil		99.9990
Arauco Europe Cooperatief U.A.	The Netherlands		99.9990
Arauco Florestal Arapoti S.A.	Brazil		79.9992
Arauco Forest Brasil S.A.	Brazil		99.9991
Arauco Industria de México S.A. de C.V.	Mexico		99.9990
Arauco Indústria de Painéis Ltda	Brazil		99.9990
Arauco Middle East DMCC	Dubai		99.9990
Arauco North America, Inc.	U.S.A.		99.9990
Arauco Nutrientes Naturales SpA	Chile		99.9484
Arauco Perú S.A.	Peru		99.9990
Arauco Química S.A. de C.V.	Mexico		99.9990
Arauco Serviquimex S.A. de C.V.	Mexico		99.9990
Arauco Wood (China) Company Limited	China		99.9990
Araucomex S.A. de C.V.	Mexico		99.9990
Araucomex Servicios S.A. de C.V.	Mexico		99.9990
Consorcio Protección Fitosanitaria Forestal S.A.	Chile		57.0831
Empreendimentos Florestais Santa Cruz Ltda	Brazil		99.9985
Forestal Arauco S.A.	Chile		99.9484
Forestal Cholguán S.A.	Chile		98.5676
Forestal Los Lagos S.A.	Chile		79.9587
Forestal Nuestra Señora del Carmen S.A.	Argentina		99.9805
Forestal Talavera S.A.	Argentina		99.9942
Greenagro S.A.	Argentina		97.9805
Inversiones Arauco Internacional Ltda	Chile		99.9990
Investigaciones Forestales Bioforest S.A.	Chile		99.9489
Leasing Forestal S.A.	Argentina		99.9801
Maderas Arauco S.A. (Ex Paneles Arauco S.A.)	Chile		99.9995
Maderas Arauco Costa Rica S.A.	Costa Rica		99.9990
Mahal Empreendimentos e Participacoes S.A.	Brazil		99.9990
Novo Oeste Gestão de Ativos Florestais S.A.	Brazil		99.9990
Prime-Line, Inc.	U.S.A.		99.9990
Savitar S.A.	Argentina		99.9841
Servicios Aéreos Forestales Ltda	Chile		99.9990
Servicios Logísticos Arauco S.A.	Chile		99.9997
Tablered Araucomex, S.A. de C.V.	Mexico		99.9990