The company Alcalis de la Patagonia (Alpat), the only producer of sodium carbonate in South America, has launched an investment plan of US$250 million. Located in Río Negro, the company has begun to expand production in order to export to five countries in the region. In addition, demand …
Industry
Argentina’s only sodium carbonate producer, Alpat, expands to join lithium chain
Tighter controls on import maneuvers: corporate fines top US$1 billion
The Economy Ministry, led by Sergio Massa, issued fines of more than US$1 billion in just one semester for maneuvers in foreign trade, both for over-invoicing and under-invoicing of exports. While the ministry claims the solution is to lower the exchange rate gap that has held at 100% …
The Economy Ministry, headed by Sergio Massa, has moved forward with the elimination of a benefit that lithium exporting companies in Argentina used to enjoy. Starting this year, mining companies will not have access to export refunds, a provision that had a fiscal cost of more than US$170 …
Import system adjustment aims to accelerate companies’ use of their own dollars
The government is monitoring imports through meetings of the SIRA system committee and conversations with business chambers. The end goal: “managing” the shortage of dollars and preventing the lack of inputs from interrupting production in factories, thus causing labor problems. The Argentine Industrial Union (UIA) released a harsh …