Asunción, Agencia IP.- A delegation of executives from the Korean company Cheong A Chemical Co., Ltd. visited the offices of the Rediex Vice Ministry, under the Ministry of Industry and Commerce, to explore the possibility of establishing a green fertilizer plant in Paraguay. The proposal includes installing the plant in Alto Paraná, taking advantage of its geographical location and logistical connectivity with Brazil, the main projected export destination. The Korean entrepreneurs were informed about the incentives available for foreign investment in Paraguay, such as the Maquila regime, Law 60/90, and other policies that support industrial and sustainable development.
Asunción, Agencia IP.- A delegation of executives from the Korean company Cheong A Chemical Co., Ltd. visited the offices of the Rediex Vice Ministry, under the Ministry of Industry and Commerce, to explore the possibility of establishing a green fertilizer plant in Paraguay. The project aims to supply the Brazilian market and position Paraguay as a key player in South America’s energy transition.
During the meeting, topics discussed included the production of green hydrogen-based fertilizers through urea, a clean and sustainable alternative to conventional methods that rely on natural gas.
Countries such as Russia and Iran currently lead global production, but Paraguay, due to its abundant hydroelectric energy generation, is emerging as a strategic alternative to lead this regional shift toward low-emission fertilizers.
The proposal includes installing the plant in Alto Paraná, taking advantage of its geographical location and logistical connectivity with Brazil, the main projected export destination.
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