Tenaris announced on December 10th 2012 the construction of a new threading facility for OCTG products in the town of Machachi, Ecuador. In its first phase, the investment will have a value of approximately USD 15 million. This initiative ...
Tags: threading facility, industrial integration, national market
By John Lee. OPEC ministers have failed to agree on a new secretary general and have asked Abdalla el-Badri to stay in the post for another year. Four countries had been competing for the job — Saudi Arabia, Iran, Iraq and Ecuador ...
Tags: OPEC, secretary general, audi Arabia, Iran, Iraq, Ecuador
South American Iron & Steel Corporation has been placed in pre open pending capital raising details. The company has projects in both Ecuador and Chile. The halt will last until the earlier of an announcement being made to the market, ...
Tags: Iron&Steel, magnetite iron ore, Metallurgy
OPEC ministers gathering in Vienna have two tasks ahead of them on Wednesday: fix crude output policy for the year ahead and appoint a new secretary general to succeed the outgoing Abdalla el-Badri. While the 12-member group appears ...
Indian Times reported that Essar Oil, one of the key Indian clients of Iran, imported about 30% more oil from the nation in October compared with September and made rare purchases of Oriente grade from Ecuador. Essar has renewed its term ...
Tags: oil heating prices, crude oil futures, oil delivery, petroleum oil
Nestle UK and Ireland has said it will double its commitment to Fairtrade by gaining certification for its two-fingered Kit Kat brand from January. Nestle's four-finger Kit Kit has been using Fairtrade cocoa since 2010, but this latest ...
Tags: Nestle, Fairtrade, Kit Kat brand, chocolate biscuit
Emerging markets should bring stability to the ailing solar industry, with up to 12 gigawatts of new photovoltaic capacity added in 2017 up from 1.6 GW in 2012, according to a new forecast from market analyst IHS. The study, which ...
Tags: IHS, emerging markets, solar industry, photovoltaic capacity
Barry Callebaut has signed a deal for the supply of compound and chocolate products to Argentine confectioner Arcor-Dos en Uno in South America. The outsourcing agreement, announced today (23 October), will involve an investment of EUR13m ...
Tags: chocolate products, outsourcing agreement, Chilean market
Swiss chocolate manufacturer Barry Callebaut has signed a long-term sourcing agreement with Industria de Alimentos dos en Uno, a subsidiary of Argentinian food firm Arcor. Under the terms of the agreement, Barry Callebaut will supply ...
Wacker Chemie AG is strategically expanding its presence in the Middle and South American growth region. Consequently, the Munich-based chemical com- pany is extending its existing technical center in São Paulo, Bra- zil, and ...
Tags: Wacker, presence, Middle and South America, region
Ecuador Gold&Copper Corporation announced that its Ecuador subsidiary,Condormining Corporation SA has entered into a shareholders agreement dated effective November 2nd 2012 with Minera Guang Shou Ecuador SA to form JV for exploration ...
Elastic denim scores in the trend segment! Form-accentuating “geometric skinny” with its semi-high waist and geometric cut-outs is the trend for brands like Armani Exchange, JBrand and Citizens of Humanity. Even VPL by ...
Tags: elastic denim, geometric skinny, semi-high waist, VICUNHA
Mexican bottler of soft-drinks Arca Continental has invested about $20m to open a new production line at its plant in Guayaquil, Ecuador, which is expected to contribute to a 35% increase in production capacity in the country. Over the ...
Privately owned insurance broker Lockton has established a joint venture with reinsurance broker, Security Re, in Ecuador, to strengthen its capability in the Latin American region. The new establishment will be branded as Lockton ...
Tags: Lockton, joint venture, Latin America, reinsurance, insurance
Liberty Mutual Insurance Group, a diversified underwriting start up, has forayed into Ecuador’s insurance arena, riding on two acquisitions including Panamericana de Seguros del Ecuador and Cervantes Compania de Seguros y Reaseguros. ...
Tags: Liberty Mutual Insurance Group, Ecuador, acquisition, insurance