Chile signs agreement with the largest port in Europe to export green hydrogen

The biminister of Energy and Mining , Juan Carlos Jobet, announced that a first Memorandum of Understanding (MoU) was signed with the largest port in Europe to export green hydrogen. It is the port of Rotterdam, located in the Netherlands, where 13% of goods destined for Europe enter. For the Government, this agreement "will be key" for the development of green hydrogen in Chile.

BancoEstado launches special loans for MSMEs certified as B Companies

BancoEstado launched a special loan to finance working or investment capital for micro, small, medium and large companies that are certified as B Companies. The offer contemplates a historical rate of 0.56% per month for MSMEs. Meanwhile for the wholesale segment (medium and large companies) it will depend on the respective evaluation, but it will be under preferential conditions. This is a measure that seeks to encourage companies to incorporate the best practices of a sustainable socio-environmental culture into their activities.

CMF discloses information about cyberattack

Chile's Financial Market Commission (CMF) has disclosed that they suffered a cyberattack after threat actors exploited the recently disclosed ProxyLogon vulnerabilities in their Microsoft Exchange servers to install web shells and attempt to steal credentials. The CMF are investigating the breach and have been in contact with the Computer Security Incident Response Team (CSIRT) of the Ministry of Finance.

Chilean cherry exporters optimistic about Chinese demand

According to industry insiders, Chilean cherry exporters are optimistic about Chinese demand. The 2020-21 season of Chilean cherries shipped to China, at 330,000 tons, were almost sold out. Furthermore, China's new Ambassador to Chile (Niu Qingbao) had dismissed a  theory over a virus-positive cherry incident that took place in mid-January. Ambassador Niu said that no such thing existed, and any theory that China had taken revenge on Chilean cherries for its political stance was just groundless speculation.

Chile’s tire recycling facility is almost ready to begin

Kal Tire’s new off-the-road (OTR) tire recycling facility in Antofagasta, Chile, is getting closer to full startup. One of two thermal conversion reactors has successfully completed commissioning and is now undergoing full load tests to process 20,000 kg of tires. Commissioning of the facility’s second reactor is nearly complete and full production is in sight, according to the company.