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2 clusters · 6 sources · 2 days · First seen · Last updated
Industrial expansion in Argentina and Paraguay
Overview
Industrial investment activities have been reported in the Southern Cone. In Argentina, Profertil and the Municipality of Bahía Blanca signed a cooperation agreement for a $1.7 billion expansion of a fertilizer complex in Ingeniero White. The project aims to install a new production line for ammonia and granulated urea, with the goal of reaching an annual urea production of 2.82 million tons by 2031.
In Paraguay, Comfar inaugurated a $28 million pharmaceutical plant in Mariano Roque Alonso to increase medicine production and exports. Additionally, in Córdoba, Argentina, Biofarma expanded its animal nutrition infrastructure with an investment exceeding $20 million, establishing a new facility capable of producing 20,000 tons of vitamin-mineral premixes and dairy substitutes per month.
Entities
Biofarma · Adecoagro · Asociación de Cooperativas Argentinas · Bahía Blanca · Cordoba
Timeline
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[BUSINESS] 2 sourcesIndustrial expansion continues with new pharmaceutical and animal nutrition plants
Comfar inaugurated a USD 28 million pharmaceutical plant in Paraguay, while Biofarma expanded its animal nutrition capacity in Argentina with a USD 20 million investment.
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[BUSINESS] 4 sourcesProfertil to invest $1.7 billion in Bahía Blanca fertilizer plant expansion
Profertil and Bahía Blanca officials signed an agreement for a $1.7 billion expansion in Ingeniero White, aiming to create Latin America’s largest fertilizer plant by 2031.
Sources
0291.com.ar · cafexmedio.com.ar · diarioparaguayo.com · elsolnoticias.com.ar · infoalimentacion.com.ar · zonainformativa.com.ar