Argentina’s State-owned oil company YPF agreed to sell its stake in its Brazilian lubricants subsidiary to the local Usiquimica to achieve “greater focus and profitability” in its operations. YPF also said in a statement that the move was envisioned within the so-called “4×4 Plan” launched earlier this year to review the company’s active management. Established in 1998.
December 27, 2024
SOURCE: MERCOPRESS
Argentina’s YPF sells lubricants subsidiary in Brazil