Ahuyentan energy investment

10

The energy reform that both President Enrique Peña Nieto fought for and defended not only faces threats from the ranks of Andrés Manuel López Obrador, but also that there seems to be, within the public administration itself, people who refuse to specify the opening and detonate private investments in the sector. It turns out that at the National Center for Energy Control (Cenace), directed by Eduardo Meraz, no one wants to put their hands to eliminate once and for all the inequality that exists in the electricity market of large consumers, which allows the Federal Electricity Commission sell electric power at a price up to 25% below the market, a situation that inhibits competition and drives away private investment. The passivity of the regulatory body to eliminate such asymmetries is such that it has already raised suspicions among the participating entrepreneurs in a market with a value close to 180,000 million pesos. Who will be protected in the Cenace? Question that has more than one official concerned in the decentralized public body.

Syndicate buys Pan American The National Union of Workers of Federal Transfer of Securities, Custody, Security, Messaging and Services will seek to acquire all the actions of the Pan American Protection Service. According to the union, the company has an environment of uncertainty that generates shareholding by the American brinks incorporated, which in turn is controlled by the foreign investment fund Starboard Value, and which would be violating the sixth article of the Foreign Investment Law, which establishes that national land transport of cargo is exclusively reserved for Mexicans or Mexican companies with a foreigners exclusion clause. This obviously has brought legal problems and a turbulent environment that has inspired the union that, in its eagerness to provide certainty to its members, seeks to become the company in its entirety.

World benchmark in recycling To promote the culture of recycling, today is celebrated World Recycling Day. Specifically, in the subject of PET plastic resin, Mexico is considered a benchmark in the collection of this material. Latest figures from Ecoce, a civil-environmental association created and sponsored by the food and beverage industry, indicate that last year alone around 425,000 tons were recovered, that is, 57% of all national consumption. A similar percentage to that of the European Union and the highest in all of America. Therefore, the celebration of this day is relevant.

In Toluca, State of Mexico, is the largest PET Grade Alimentary recycling plant in the world. I talk about PetStar, directed by Jaime Cámara, which recycles 3,100 million bottles a year, equivalent to filling the Azteca Stadium 2.4 times to convert it into recycled food grade resin, which is used again by its shareholders: Arca Continental, Coca-Cola of Mexico, Bepensa Bebidas, Corporación del Fuerte, Corporación Rica, Grupo Bottler Nayar and Embotelladora de Colima.

Voice-over We learned that the Superior Court of the Court ruled for the first time on the merits of a lawsuit against the State, for the fraud of Ficrea by Rafael Antonio Olvera Amezcua, which ended up swindling around 6,000 Mexican savers. The majority of the judges determined to acquit the National Banking and Securities Commission; nevertheless, a magistrate asked to condemn to this commission, that in this moment was in charge of Jaime González Aguadé, by his deficient supervision and to indemnify the savers. The office that has achieved this is Regalado & Galindo by Edward Martín Regalado.

Business Columnist
Financial Split
Journalist with 20 years of experience in the media. He currently collaborates in the Noticiero En los Tiempos de la Radio by Óscar Mario Beteta.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.