Wednesday, July 11, 2007

Mexican Pipeline Blast Prompts Shutdowns at Nissan, Vitro, Kellogg Plants

(Bloomberg) -- More than 100 companies in Mexico
including automaker Nissan Motor Co. and cereal maker Kellogg
Co. reduced or suspended production after a pipeline explosion
yesterday interrupted natural gas supplies.

The blast in the central state of Queretaro damaged a 36-
inch pipeline operated by state-owned oil monopoly Petroleos
Mexicanos, cutting supplies to the cities of Guadalajara,
Queretaro, Aguascalientes and Leon. A guerilla group that calls
itself the Popular Revolutionary Army claimed responsibility.


Read more at Bloomberg Emerging Markets News

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