PayPay invested $1.6 billion in research and development in 2021, in part to strengthen its technology and cybersecurity. For comparison: The company spent $1.1 billion on research and development in 2019 and $1.4 billion in 2020. PayPal’s payments platform uses a combination of proprietary and third-party technologies and
The Federal Economic Competition Commission (Cofece) of Mexico approved the merger between WPP Bullet and Palmex Alimentos, along with other participating companies. According to its own description, Palmex Alimentos is the main supplier of pellets for snacks in Mexico, the United States and Latin America and a growing
Amkor Technology, one of the world’s leading providers of outsourced semiconductor packaging and testing services, increased its investments in research and development in 2021. The company invested 166 million dollars in this concept, which represents a growth of 18% year-on-year and 20.6% over 2019. Its research and development
Newmont, the world’s leading gold company, invested $209 million in mineral exploration in 2021, up 11.8% year-on-year. But if the same result of 2021 is compared with 2019, the year before the Covid-19 pandemic, the company registers a 21.1% decrease in that indicator. Exploration expense increased in 2021,
In 2021, Dow completed the addition of a furnace to its ethylene production facility in Alberta, Canada, gradually expanding capacity by approximately 130,000 metric tons. Dow co-invested in the expansion with a regional customer, equitably sharing project costs and ethylene production, with the additional ethylene to be consumed
With sales of $10.201 million, the Weyerhaeuser Company is one of the largest private owners of timber forests in the world. As of year-end 2021, the company owned or controlled 10.6 million acres of timber land in the United States and managed an additional 14.1 million acres of