Kimberly Clark invests another $30mln – Standard & Poor’s gives Peru positive forecast

Kimberly Clark invests $30 million to enlarge plant’s facilities

Personal care giant Kimberly Clark – Perú will invest 30 million dollars in the enlargement of its diaper plant in Lima, announced the company’s general manager, Blanca Aquino. “We are currently working on the enlargement of the company’s second personal care manufacturing plant with the purchase of a new baby diaper machine”, she told Andina news agency. (ANDINA – click here to read complete article)

Peru is on the path to achieving investment grade status, says Standard and Poor’s

International rating agency Standard & Poor’s said today that Peru is the best positioned country in the region to achieve the investment grade rating after Standard & Poor’s has recently upgraded Brazil to investment grade. The associate director of Latin American Sovereign Ratings at Standard and Poor’s, Sebastián Briozzo, said that Peru has a positive prospect in the region, such as Brazil had before being upgraded with the investment grade. (ANDINA – click here to read complete press release)

China is part of Peru’s main non-traditional product markets list

China became this year part of the list of the Peruvian main non-traditional product markets in the ninth place, due to the demand of ready-cooked Pota, wood floors, and grapes, informed the minister of Foreign Trade and Tourism, Mercedes Aráoz. “China is interesting for the Peruvian non-traditional product exports because it is a gigantic market. In addition, with the Free Trade Agreement (FTA) negotiations, we intend the growth of the demand”, said the minister. (ANDINA – click here to read complete article)