Maxihost announced that has partnered with PIT Chile, extending its reach in the LATAM region and providing new opportunities for Maxihost international clients looking to access this vital area. By partnering with PIT Chile, Maxihost can now offer clients seeking to conduct business in the region direct access to PIT Chile’s rich ecosystem of 150 carriers and content providers, providing great domestic connectivity as well as high-quality Tier 1 international connectivity.
The World Bank said its executive board approved $12 billion in new funding for developing countries to finance the purchase and distribution of COVID-19 vaccines, tests and treatments for their citizens.
Cainiao Smart Logistics Network announced a partnership to launch a charter program with Atlas Air Worldwide Holdings. This partnership will enhance Alibaba’s extensive logistics network as cross-border trade between China and Latin America continues to expand. Beginning in November, Atlas Air will operate 3 weekly charter flights dedicated to Cainiao, linking China with Brazil and Chile, reducing the overall shipping time from a week to three days on average.
Engie Energia Chile SA said it has signed an agreement to supply 100% renewable power to UK-based packaging company Amcor Plc for five years. Under the terms of the contract, the Chilean subsidiary of France’s Engie SA is to supply 21 GWh of clean electricity per year to meet the customer's demand in Santiago.
Jorge Valenzuela Trebilcock, the president of the Federation of Fruit Producers of Chile, announced that the U.S. had approved implementing the Systems Approach in the production of blueberries from Ñuble and Biobio - just in time for the upcoming season in Chile.
In a virtual meeting focused on the agri-food sector, the logistics chain and distribution representatives of Spain and Chile have advocated strengthening their alliances in the agri-food sector as complementary partners and to open markets in a globalized context marked by the pandemic. The association between the two countries is also strategic as a "platform" to access the respective continents, so that Spain can be a gateway for Chilean products to enter Europe and, in turn, Chile can facilitate access for Spanish exports to other nations in America and even access to Pacific destinations, such as China or Vietnam.
Uruguay-based renewables developer and contractor Ventus Ingenieria SA said it has recently been hired by Chinese solar panel maker Trina Solar Ltd to build 16 MWp of photovoltaic (PV) parks in Chile. Ventus Energia is tasked with engineering development, construction and commissioning of the 3-MWp La Foresta, the 3-MWp Villaprat and the 10-MWp San Ramiro projects. All three projects will be built simultaneously and that the plants are expected to be operational before the year ends.
Johnson & Johnson has begun final stage testing of its COVID-19 vaccine candidate. The company will trial the vaccine with 60,000 volunteers from around the world including participants from the US, South Africa, Brazil, Argentina, Columbia, and Chile. Johnson & Johnson's vaccine joins candidates developed by Moderna, Pfizer and BioNTech, AstraZeneca and the University of Oxford in beginning the final stage of development.
ABB, working with TAKRAF, has completed commissioning and testing for the world's highest-powered gearless conveyor drive system, enabling continuous operations at Chuquicamata copper mine in Chile. Project management and engineering for the full electrical, control and instrumentation scope was led by ABB in Germany, with long spells on site in northern Chile to work side-by-side with TAKRAF to equip the site’s new underground operation with a large conveying system that overcomes an altitude difference of 1,200m and covers a distance of almost 13km.
Chinese company Tianqi Lithium Corp said it may not be able to make a payment of $1.88 billion on a loan obtained to buy a stake in Chile's Sociedad Minera y Química de Chile (SQM). The warning comes as lithium prices remain down, just two months before the repayment of the $3.5 billion loan signed with a syndicate of banks led by China Citic Bank. - expires at the end of November. Tianqi admitted that a payment default would affect its daily operations and said its assets and bank accounts could be frozen.