US agrochemical giant Monsanto will direct most of a 365 million dollars investment in Argentina to a corn seed factory in the central city of Cordoba, the local government there has announced.
Spain’s Abengoa has announced that it will construct a bio-ethanol plant in the department of Paysandu, Uruguay, for Alcoholes de Uruguay, or ALUR. The contract, which includes the construction of an adjoining power cogeneration plant, is worth 120 million dollars.