Latest news with #Monómeros
Bloomberg
12 hours ago
- Business
- Bloomberg
Trump Targets Fertilizer Plant to Tighten Screws on Maduro
One of Venezuela's most valuable overseas assets is set to lose a license that allows it to operate in Colombia, amid a US attack on the finances of the Nicolas Maduro regime. As a Venezuelan state-owned asset, fertilizer plant Monómeros Colombo Venezolanos was subject to US sanctions after 2019. Shortly after, the US Treasury issued a license allowing it to sell its products, and engage in financial transactions, including subsidiaries engaged in port services.
Bloomberg
15 hours ago
- Business
- Bloomberg
Fertilizer Plant Set to Lose License as Trump Squeezes Venezuela
One of Venezuela's most valuable overseas assets is set to lose its license to operate in Colombia as part of a US attack on the finances of the Nicolas Maduro regime. As a Venezuelan state-owned asset, fertilizer plant Monómeros Colombo Venezolanos was subject to US sanctions after 2019. Shortly after, the US Treasury issued a license allowing it to trade its products, and engage in financial transactions, including subsidiaries engaged in port services.
