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Article: CAP analyzes investment plans to meet rising demand.
- Article from:
- South American Business Information
- Article date:
- April 1, 2004
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Chile, Mar 31, 2004 (Estrategia/SABI via COMTEX)
CAP (Compania de Aceros del Pacifico), the Chilean steel manufacturer, is considering plans to carry out some investment projects through its subsidiary Siderurgica Huachipato in order to be able to keep up with rising demand over the next few years. According to commercial director Ernesto Escobar plans involve investments in adding value to the company's products and expanding production capacity. Mr. Escobar has said that the company will decide by the end of 2004 whether or not to carry out the projects. He added that as domestic demand is not ...