Low horse mackerel catches force Igemar to close two plants
Fishing vessel belonging to Orizon. (Photo: Orizon)
The firm Pesquera Iquique-Guayane (Igemar) reported to the Superintendency of Securities and Insurance (SVS) the closure of two plants. It explained that it had taken this measure as a result of the low horse mackerel catch levels that have been registered for 36 months or so.
One of the plants, located in Coquimbo (Region IV), is engaged in the production of canned and frozen products for human consumption, and the other one, situated in Talcahuano (Region VIII) produces fishmeal and fish oil.
Igemar also reported that its affiliate Orizon had to perform "a provision for impairment, lowering the book value related to these ass...
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