Posts Tagged ‘New investment’
Rio Tercero plans to create a new chemical plant
Versions regarding the possibility that the company invested in Rio Torero Petrochemical plant to produce nitric acid were confirmed yesterday by the state comptroller of the newly Military Industries, Santiago Rodriguez.
Petrochemicals-dedicated in this city for the manufacture of raw material for production of polyurethane foams, adhesives, resins, among others, preferred so far to clarify the query data on new investments. Although lacking details, the likely scenario is that Rio Torero adds new chemical plant which is already in the industrial center of that area, composed of Ethanol, Petrochemical and Military Factory.
That add a petrochemical plant nitric variants could involve deep in the scheme of chemical production in Rio Torero. So far, Military Factory is the only producer of this acid in the country. Petrochemicals were installed 30 years ago by his side for the need of its inputs and are its main customer. Most of the Military Factory revenue due to the purchase of the neighboring nitric Petrochemicals.
Yesterday, in his first visit to the plant intercession, Rodriguez explained that this private company “is talking, negotiating, but still at the stage where we see the draft.” Although no further details, said that soon it would seal an agreement by which Petrochemical commit to continue to acquire almost all the production of nitric State plant.
Rodriguez, who took over the charge to Arturo Purcell, promoted to Minister of Defense months ago, “insisted the Government policy decision is to invest in plants of Military and pointed in that line, that in the next other agreement initialed days to repair more than 50 rail cars, Belgian Cargos branch, to give continuity to the work which involved the engineering sector riotercerense factory for about three years.