Uruguay

Friday, September 13th 2013 - 02:21 UTC
UPM assessed as industry leader in environmental sustainability

Finland’s energy and pulp UPM group has again been named among the world's sustainability leaders. The company has retained its position in both the Dow Jones European and World Sustainability Indices (DJSI) for 2013-2014. Furthermore, the company has been assessed as the industry leader in environmental sustainability within the Paper and Forest Products sector with top scores.
Friday, September 13th 2013 - 00:52 UTC
Uruguay and UK sign agreement for Chevening-ANII scholarships

The British Ambassador in Montevideo, Ben Lyster-Binns, and the President of Uruguay’s National Research and Innovation Agency (ANII) Omar Macadar, signed this week an agreement to create the Chevening-ANII scholarships.
Friday, September 13th 2013 - 00:43 UTC
US farmers’ agri-business cooperative opens office in Montevideo

CHS Inc., a United States farmer-owned cooperative and a global agribusiness, announced it has opened an office at Montevideo, Uruguay, making it the fourth South American nation in which CHS has operations.
Thursday, September 12th 2013 - 02:01 UTC
Second pulp mill in Uruguay delays beginning production until next year

The second pulp mill in Uruguay, Montes del Plata is not expected to begin operations until the first half of next year, according to the latest reports from the same corporation which is an association of Chile’s Copec and Finland’s Stora Enso.
Thursday, September 12th 2013 - 01:14 UTC
Latam trade and growth reflects the weak global economy says Eclac

The foreign trade performance of Latin America and the Caribbean reflects the weak global economy. Regional export values are expected to grow by just 1.5% in 2013 (3% in volumes and -1.5% in prices) - which is similar to the 1.4% growth observed in 2012.
Wednesday, September 11th 2013 - 22:02 UTC
”If Brazil devalues, Uruguay will follow”, President Mujica tells farmers

President Jose Mujica said that Uruguay is ‘aligned’ with Brazil in economic policy, and if the government of President Dilma Rousseff decides to devalue its currency, “Uruguay will follow” and as Brazil, “Uruguay is not satisfied with the functioning of Mercosur”.
Tuesday, September 10th 2013 - 19:49 UTC
Argentina ‘inflexible’ on Uruguayan pulp mill expansion; Cristina and Mujica could meet in New York

Argentina promised to be ‘inflexible” with the UPM pulp mill on Uruguayan territory, if it tries to increase production as it has requested, thus again opening a new controversy with Uruguay which has pledged to answer the (2011) expansion request in the last week of September. Presidents Cristina Fernandez and Jose Mujica are scheduled to meet in Buenos Aires at the end of the month.
Monday, September 9th 2013 - 02:36 UTC
Argentina, Uruguay and Venezuela fall dramatically in WEF Competitiveness ranking

The World Economic Forum Competitiveness report published last week shows Latinamerica is loosing ground in the world economy and the three countries which most plunged in the ranking in the last twelve months were: Venezuela, Argentina and Uruguay.
Friday, September 6th 2013 - 02:00 UTC
Mujica confirms: no intention of irritating Argentina on pulp mills’ controversy

Uruguay’ President Jose Mujica said the decision authorizing a possible expansion, or not, of the UPM/Botnia pulp mill is closely linked to Argentina and the construction of a third plant along an inside Uruguayan river and not a shared one as is the case now.
Thursday, September 5th 2013 - 03:53 UTC
Argentine politicians warn Uruguay on possible expansion of pulp mill production capacity

The bilateral conflict between Argentina and Uruguay over the UPM/Botnia pulp mill, on the Uruguayan side of the Uruguay River is once again leading to tension between the two neighbours amid reports that the plant’s Finnish owners plan to increase production from 1.1 to 1.3 million tons of cellulose paste per year.