IANSA (from ''Industria Azucarera Nacional'') is a

Chile Chile, officially the Republic of Chile, is a country in the western part of South America. It is the southernmost country in the world, and the closest to Antarctica, occupying a long and narrow strip of land between the Andes to the east a ...

sugar Sugar is the generic name for sweet-tasting, soluble carbohydrates, many of which are used in food. Simple sugars, also called monosaccharides, include glucose, fructose, and galactose. Compound sugars, also called disaccharides or double ...

grower, refiner, and manufacturer of sweeteners and sugar products. It also produces

fruit juices Juice is a drink made from the extraction or pressing of the natural liquid contained in fruit and vegetables. It can also refer to liquids that are flavored with concentrate or other biological food sources, such as meat or seafood, such as ...

tomato paste Tomato paste is a thick paste made by cooking tomatoes for several hours to reduce the water content, straining out the seeds and skins, and cooking the liquid again to reduce the base to a thick, rich concentrate. It is used to impart an intens ...

, and pet and animal food. Bunker Silo - crop to remove sky-road

IANSA was founded in 1953 as a government-run

CORFO The Production Development Corporation (CORFO, from es, Corporación de Fomento de la Producción de Chile) is a Chilean governmental organization that was founded in 1939 by President Pedro Aguirre Cerda to promote economic growth in Chile. ...

. It was pushed to privatize under the economic policies of dictator Augusto Pinochet. After the

Crisis of 1982 image:Economic growth of Chile.PNG, Growth rate of Chile's GDP (orange) and Latin America (blue) between 1971 and 2007 The Crisis of 1982 was a major economic crisis suffered in Chile during the military government of Chile (1973–1990). La tran ...

, the company went bankrupt, but continued its privatization, which was completed by 1988. In September 2015, the English ED&F Man bought 100% of IANSA, but the following year it was seen to be in crisis, since it generated "barely 51 million" US dollars, "compared to a profit of more than US$4,000 million for the last year". Hence, in 2017, ED&F Man announced a five-year plan to reorganize and restructure its businesses. Which did not prevent Iansa from going from profit to loss that year. IANSA informed in July 2018, of its decision to close the Linares plant. The government, a few days later, asked Iansa to postpone this decision for two years, according to the Minister of Agriculture Antonio Walker. Finally, the business board decided to close the plant in August 2018. In September 2020, Empresas Iansa decided to concentrate national sugar production at its production plant in San Carlos, which implies ceasing production at the Los Angeles plant as of the 2021 season. The San Carlos plant will thus become the nerve center of production and distribution in the southern zone. As of 2020, sugar production is one of its main businesses, representing around 50% of revenue.

References

Food and drink companies established in 1953 Sugar companies Food and drink companies of Chile Agriculture companies of Chile Chilean companies established in 1953 {{Chile-company-stub