The Atanor chemical corporation announced plans to invest some US$ 100 million not only in its traditional agrarian activity but also in hydrocarbons and mining.
Atanor CEO Marcelo Dumanjó said,“we believe and trust in Argentina and in its agrarian industry in the coming years”.
Then, he added that his company has plans to expand to hydrocarbons and mining, as chemical suppliers of industries that operate in such fields.
Dumanjó held that as from this initial US$ 100 million investment, it expects to increase its billings in five years time from US$ 576 million to US$ 800 million.
The investment plans involve a distillery in Concepción, Tucuman, a plant in Rio Tercero, Cordoba and a new business as supplier on industries in the gas, oil and mining industries.
Date: November 11, 2014