July 3, 2026
ARAUCO signs agreement to sell forests in Chile for US$216 million
The forestry subsidiary agreed to sell eucalyptus forests located in Valdivia for more than US$216 million. Forestal Ara...
Business / Published December 2, 2024
Abastible adds new benefits for SMEs
The subsidiary announced improvements to its 7-Day Payment program, which directly benefits more than 6,000 service providers. Starting next year, the payment term will run from the delivery of the goods or completion of the service, and not from date of issuance of the invoice, as is currently the case.
The initiative seeks to strengthen the cash flow of suppliers, allowing them to meet their financial obligations, consolidate their operations and promote their growth.
In addition, Abastible will implement a dispute resolution system, where an external and independent body will resolve potential conflicts that may arise during the contractual relationship between the company and its suppliers.
The initiative is in addition to the recent signing of an alliance to join the Ministry of Economy’s Somos Almacenes program (We are grocery stores), whose goal is to promote the growth of these SMEs, revaluing and strengthening their social, economic and public role as a fundamental part of the local economy.
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