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Argentina (124)


ARGENTINA

Frutarom acquires flavors and natural colors business of Montana SA in Chile and Peru
Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says it will acquire the flavors and natural food colors division of Peruvian company Montana SA (Lima) for a cash payment of $28.5 million and the assumption of debt to the amount of...

Chile's financial regulator fines SQM CEO and 7 others a combined $163 million for illegal share trading
Chile's financial regulator SVS (Santiago) has levied a combined $163-million fine on eight individuals and the country's largest brokerage firm, Larrain Vial (Santiago), for their involvement in the illegal trading of Sociedad Química Minera de Chile...

Argentina's polymer and synthetic rubber output up 31% in July
Argentina's output of polymers and synthetic rubber rose 31.4% year-on-year (YOY) in July, according to national statistics office Indec (Buenos Aires). Overall production of polymers and synthetic rubber was up 6% in the first seven months of 2014 compared...

Petronas, YPF to develop uncoventional hydrocarbons in Argentina
Petronas (Kuala Lumpur) and Yacimientos Petroliferos Fiscales (YPF; Buenos Aires) have signed an agreement covering the development of unconventional hydrocarbons in Neuquén Province, Argentina, YPF says. The project requires a total investment of $550...

SQM's second-quarter net profit drops almost 35%
Sociedad Química y Minera de Chile (SQM; Santiago) reports a net profit of $71.1 million for the second quarter, down almost 35% year-on-year (YOY). Pretax profit also fell, to $100.9 million from $143 million in the year-ago quarter, and revenue...

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