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GM to invest $450M in Argentina

Green Car Congress

Akerson was joined by Argentina President Cristina Fernández de Kirchner; GM South America President Jaime Ardila; and GM Argentina President Isela Costantini. GM Argentina produced a record of more than 136,000 vehicles at its Rosario facility in 2011. —Isela Costantini.

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Cargill to Invest $112M in Co-generation and Soy Biodiesel Plants in Argentina

Green Car Congress

Cargill will invest a total of US$112 million in an 18 MW co-generation plant and a soybean biodiesel production plant with a processing capacity of 240,000 tons per year in Argentina.

Argentina 218
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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

Green Car Congress

Lithium producer Galaxy Resources Ltd says prices for both technical and battery grade lithium carbonate in its key market, China, have risen significantly on the back of tight demand and supply fundamentals, with current prices up almost 17% on the same time last year. —Galaxy Managing Director Iggy Tan.

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Eaton signs long-term agreement with Argentine bus manufacturer TATSA to design and supply hybrid systems

Green Car Congress

with a hybrid electric power system for use in buses in Argentina and throughout South America. The alliance will produce six preproduction units initially, followed by a production plan to manufacture 20 additional units in 2011. The company is also planning to set up another plant in Fort Valley, GA in 2011.

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BASF Breaks Ground for New Biodiesel Catalyst Plant in Brazil to Meet Demand in South America

Green Car Congress

BASF broke ground for its new production plant for sodium methylate in Guaratinguetá, Brazil, its largest site in South America. Sodium methylate is an efficient and reliable catalyst for the production of biodiesel. The plant will have a capacity of 60,000 metric tons per year and is primarily intended to supply the regional market.

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Chinas CNOOC to acquire Canadian oil sands producer OPTI for $2.1B

Green Car Congress

The Long Lake SAGD Operation is expected to have through-put rates of approximately 72,000 barrels per day of bitumen at full production. It is anticipated that the Long Lake Upgrader will ultimately produce approximately 58,500 barrels per day of products, primarily Premium Sweet Crude (PSC).

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Korean consortium forming JV with Bolivian miner Comibol for lithium production in Salar de Uyuni

Green Car Congress

According to a January 2011 update by the US Geological Survey (USGS), identified lithium resources total 4 million tons in the United States and approximately 29 million tons in other countries. China and Argentina total 5.4 The global lithium market has been expanding by 6% annually since 2000, according to KORES.

Bolivia 199