Episode Details
Back to Episodes
Investment firm Heeney celebrates return of aluminium shipments from Venezuela to US
Episode 58
Published 3 weeks, 4 days ago
Description
This audio is brought to you by Endress and Hauser, a global leader in process and laboratory measurement technology, offering a broad portfolio of instruments, solutions and services for industrial process measurement and automation.
US investment firm Heeney Capital has celebrated the arrival and unloading of the first shipment of primary aluminium to the US from Venezuela in nearly a decade.
The 15 000-t shipment arrived at the Port of Avondale in New Orleans, Louisiana early in October.
Heeney hosted US Secretary of the Interior Doug Burgum, among other officials, to mark the milestone.
"We are thrilled at the successful delivery of this shipment. This will be one of many future shipments of Venezuelan aluminium to the United States and is part of a larger initiative of American investment into Venezuela," says Heeney co-founder Henry Heeney.
The aluminium was transported from Venezuela to the Port of Avondale, where it will support American manufacturing. The shipment represents a step toward restoring a supply corridor that once made Venezuela one of the hemisphere's leading aluminum exporters, and reflects a broader effort by Heeney and its partners to rebuild US access to critical materials from the region.
"This shipment is symbolic of the continuing relationship between Venezuela and the US. Heeney is focused on investing in assets that will power the re-industrialisation of America," adds Heeney co-founder Sean Pi.
Heeney anticipates additional shipments in the coming months with a longer-term goal of broader investment in Venezuelan industrial capacity.
US investment firm Heeney Capital has celebrated the arrival and unloading of the first shipment of primary aluminium to the US from Venezuela in nearly a decade.
The 15 000-t shipment arrived at the Port of Avondale in New Orleans, Louisiana early in October.
Heeney hosted US Secretary of the Interior Doug Burgum, among other officials, to mark the milestone.
"We are thrilled at the successful delivery of this shipment. This will be one of many future shipments of Venezuelan aluminium to the United States and is part of a larger initiative of American investment into Venezuela," says Heeney co-founder Henry Heeney.
The aluminium was transported from Venezuela to the Port of Avondale, where it will support American manufacturing. The shipment represents a step toward restoring a supply corridor that once made Venezuela one of the hemisphere's leading aluminum exporters, and reflects a broader effort by Heeney and its partners to rebuild US access to critical materials from the region.
"This shipment is symbolic of the continuing relationship between Venezuela and the US. Heeney is focused on investing in assets that will power the re-industrialisation of America," adds Heeney co-founder Sean Pi.
Heeney anticipates additional shipments in the coming months with a longer-term goal of broader investment in Venezuelan industrial capacity.