Shell recently said that oil is being produced from its drilling in the third phase of its deep-water project, Parque das Conchas, in Brazil’s Campos Basin. The oil conglomerate expects the project to add about 20,000 barrels of oil per day during peak production. The project is located about 90 miles off the coast of Brazil. Read More »
Fortinbrás, a company in Brazil specializing in chemicals, has updated its logo, with the official release of the new image taking place last month. Read More »
Due to an agreement between the American grill and sushi bar and Entretenimiento Roma S.A. de C.V., Kona Grill will open six new locations in Mexico. Read More »
Procter & Gamble, the well-known producer of household products, such as Bounty, Charmin, Crest, Downy and Dawn, currently conducts business in approximately 70 countries worldwide -- Mexico being among them. Read More »
In a recent restructuring of its assets, Grupo Altitude S.A. has made major changes to the company, moving the majority of its partners' investees to its holding company. Read More »
An announcement from Golar GenPower Brazil recently made public the new framework agreement the company has signed with LNG Power Limited. Read More »
Benjamin Alvarez has been named chief financial officer of Grupo TMM, a Mexican maritime transportation and logistics company. Read More »
Antarctica Advisors International Corporation (AAIC), a United States-based banking firm focused on the food industry, is opening a new office in Santiago, Chile. Read More »
Atento, a provider of customer relationship management and business process outsourcing services in Latin America and Spain, said Mario Camara has been appointed country managing director for Brazil. Camara has grown Atento’s business in Brazil for over five years. He previously worked in the banking and financial services business unit of Atento. Read More »
Sao Paulo-based Cielo and Planet Payment Inc. have signed a contract extension regarding their Pay in Your Currency processing agreement that allows transactions in multiple currencies, letting consumers in Brazil pay in their own currency. International travelers can use their Visa or MasterCard for transactions with Brazilian stores and merchants. Read More »
Sumitomo Corp. said last week it will acquire up to 20 percent of Cosan Biomassa S.A., a Sao Paulo-based producer and distributor of sugar cane biomass pellets used for power generation, as part of its plan to invest in biomass fuel manufacturing. Sumitomo is seeking to invest in renewable energy as Japan seeks to reduce gas emissions by 26 percent. Read More »
Aeromexico, Boeing, and Mexico’s Airports and Auxiliary Services recently teamed up to develop sustainable biofuel in Mexico as part of a project supported by Mexico’s Sector Fund for Energy Sustainability. Read More »
PROSA, the largest payment processor in Latin America, and Gemalto, a leader in digital security, are teaming up to bring mobile payments to Mexico."Gemalto is committed to supporting PROSA, a key financial service provider, in effectively equipping a major portion of the Mexican market with mobile payment services," Gemalto President for Latin America Rodrigo Serna said. Read More »
Telecommunications company Millicom, based in Luxembourg, recently said it plans to purchase Paraguay's TV Cable Parana.TV Cable Parana is the leading cable provider in Ciudad del Este, Paraguay's second largest city, and offers a variety of channels for 15,000 subscribers. Millicom offers its services to more than 60 million customers in markets across Latin America and Africa. Read More »
The cloud-based communications company magicJack VocalTec Ltd. plans to launch a new Mexico-based service with Mexico’s Telefonica operator, Movistar. Movistar’s mobile customers will be able to take of advantage of “Call U.S.” The program will give Movistar customers the opportunity to get a U.S. phone number so an unlimited number of calls can be made and received from the U.S. Read More »
Brazil’s TV Bandeirantes recently said it will be expanding its use of Harmonic Inc. infrastructure as it adds the new Harmonic MediaGrid shared storage system and Spectrum MediaCenter server with integrated storage. TV Bandeirantes expects the new systems to enhance its news production capabilities while adding the ability to store footage. Read More »
Citi is looking to sell some of its operations in Argentina, Brazil and Colombia. Read More »
Axtel has merged with Alestra, combining forces and enabling the two companies to better serve government customers, enterprises and households. Read More »
Northwest Pipe Company is rebranding its Mexican facility as North American Pipe Fabricators. The facility is located in Monterrey, Mexico. Read More »
The Legal Alliance of the Americas has expanded into Colombia and Peru. Read More »
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