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The land, near the town of Paraiso, where the new refinery is planned was planted with coconut and citrus fruit in the 1970s and expropriated by Pemex. But the company never used the terrain and tropical woodland and wildlife took over. Several types of plovers, herons and hawks, two species of iguanas and other reptiles, protected amphibians, threatened species of snakes and piping plovers, which are in danger of extinction, were identified in Paraiso by Conabio, a government commission in charge of studying biodiversity.
Footprints of the jaguarundi, a wild cat, were found at the site, ASEA told Reuters, along with a wide variety of bird species and freshwater turtles, The land was so rich in wildlife about a decade ago that a group of Pemex executives proposed that it be declared a private nature reserve to prevent future building there, company sources said, A study by a government institute several years ago concluded Paraiso was a risky location for a refinery because blue crystal ball tuxedo stud set cufflinks of the biodiversity found there, But satellite pictures taken in November and obtained from Conabio show a wide belt of mangrove across the terrain has now been cut down, leaving a smaller perimeter of forest..
By the time Lopez Obrador came to Dos Bocas to announce the new refinery in December, muddy ground and heavy works machinery had replaced the site’s thick tree cover. After the land was cleared, four threatened or protected species were rescued, including a type of porcupine, a boa constrictor and a rare iguana. Reuters could not establish the fate of the other animals the agency detected at the site. Paraiso’s oyster fishermen fear the refinery might harm the Mecoacan lagoon just a few miles from the refinery site, and their main source of subsistence for several generation.
“What we want is for them not to damage the lagoon,” said Manuel de la Cruz, a leading local fisherman, who has worked the waterway since he was eight years old, He said he delivered a document to Lopez Obrador in December saying fishermen want blue crystal ball tuxedo stud set cufflinks more than just “crumbs” of government support, Lopez Obrador has not commented on ASEA’s January’s ruling about the clearing of the land, In its ruling, the environmental regulator also ordered the replanting of a larger mangrove area, whose location is yet to be determined, and the launching of a wildlife preservation program..
Mexico’s energy minister, Rocio Nahle initially said the mangrove had not been touched at the Paraiso site. She said in November the municipal and state government had given permits to “clean” the terrain. Only ASEA can give the permits needed for Pemex to build an industrial project on the site. The potential delay to the refinery comes at a crucial time for Pemex. Last week, the government announced a $3.9 billion bailout to stave off a threatened loss of the company’s investment grade credit rating.
LONDON/BOCA RATON, Fla, (Reuters) - Mounting troubles at Kraft Heinz, revealed late on Thursday with a triple-punch of bad news, call into question its blue crystal ball tuxedo stud set cufflinks reliance on cost-cutting as a way to generate profit growth, Shares of Kraft Heinz fell 27 percent on Friday to their lowest level since the 2015 merger of the eponymous cheese and ketchup makers that formed the world’s fifth-largest food and drinks company, Late on Thursday, it revealed a $15.4 billion write-down tied to its Kraft and Oscar Mayer brands, slashed its dividend by about a third and disclosed an SEC investigation of its procurement accounting practices..
The news validated investors’ concerns about the health of the company’s brands and its pricing power in an environment of rising commodity and transportation costs and more competition. Half of the group’s market value vanished over the last two years even before Friday, dampening enthusiasm for its backers, private equity firm 3G Capital, and its notorious embrace of a tool called zero-based budgeting (ZBB), used to keep costs low and profit margins high. “At some point, having best-in-class margins doesn’t matter if the sales growth doesn’t eventually come,” said Guggenheim analyst Laurent Grandet.
A Kraft Heinz spokesman said the company’s ZBB efforts continued to drive savings that can be invested in growing the business, “In 2019, we will increase brand support, go-to-market with a more innovation than ever and invest in talent… and this will be partially funded by ZBB savings,” spokesman Michael Mullen said, 3G could not immediately be reached for comment, Zero-based budgeting is an approach requiring corporate managers to justify each item of spending every year, or blue crystal ball tuxedo stud set cufflinks even build their budgets from scratch, rather than the more common process of using the prior year’s budget as a starting point..
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