Major miner and trader Glencore has entered an agreement with Corporacion G500 SAPI (G500) to create a platform, to be known as G500 Network, which will service around 12 percent of fuel stations in Mexico.
Glencore in a statement on Thursday said the joint venture will be developed in line with the liberalisation of retail prices in Mexico.
Formed in 2014, G500 is an association of service station owners, established in response to the deregulation of Mexico’s petroleum industry.
By Barbara Lewis
Source: Reuters
Appointed Borealis CEO in 2021, Thomas has led key initiatives including the sale of the nitrogen business, acquisitions of Rialti Spa and Integra Plastics AD, and Borouge’s IPO. He also made the final investment decision for the Borouge 4 plant, set to be the world’s largest polyolefin complex.
The Chemours Co. today named interim CEO Denise Dignam as the company’s permanent CEO and president, as well as a member of the board of directors, effective immediately. Dignam has been interim CEO since late February, when former CEO Mark Newman was placed on leave due to an internal investigation.
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