Month: November 2009

VICINI Announces Strategic Plan for SPM Population

Vicini Announces Strategic Plan for SPM PopulationSAN PEDRO DE MACORIS. The Consorcio Azucarero de Empresas Industriales (CAEI) celebrated a gathering with businessmen, settlers and people of the press, amid which they announced the setting into action of a strategic plan to benefit this population.

Rafael Vélez, GM for CAEI, said that within this plan, they are contemplating the installation of an energy farm for power generation, expansion of the Cristopher Columbus Sugar Mill (*Cristóbal Colón) and the expansion and rehabilitation of the sugar cane fields.

Vélez pointed out that this project involves an investment of USD$150M, and part of the budget is destined to social work, thus pursuing to generate an estimated 6 thousand direct jobs.

He manifested that they seek to increase the milling capacity in order to process 14 or 16 thousand tonnes of sugar cane, and that they will also produce 50 thousand tonnes of refined sugar. Additionally, the diversification of 300 thousand acres for producing fruit and other edible products.

He indicated that these lands were leased to the Quisqueya, Consuelo and Santa Fé Mill, for growing other products outside of the sugar harvest.

Vélez, whom was joined by other executives from the consortium, expressed that the company intends to improve the quality of life of this province and strengthen the national economy.

He indicated that with this project, they will support the settlement, since measures will be taken, with the lands of the consortium as well as the settler terrains, in order to make them productive. Vélez stated that the consortium will work alongside other entities for the preservation of the Higuamo River.

About CAEI:

CAEI is a company in the Energy and Industry portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

SOURCE: Hoy

CAEI Certifies Pineapple Production

The Consorcio Azucarero de Empresas Industriales (CAEI) certified their pineapple plantations with Global Good Agricultural Practices (GLOBALGAP), certification which will allow them to export their fruit production to the European Market. Previously, they obtained the same certification for their mango production.

The information was offered by the Commercial Director for CAEI, Charles Betances, whom attested that this certification represents a great business opportunity with the European Market because it discloses good practices, alongside environmental respect, and a commitment to the wellbeing of all the workers.

IMMEDIATE PLANS OF THE CONSORTIUM

Charles Betances remarked that the consortium has projected to export to the European market a total of 190 pineapple containers, from now till April next year. The agricultural industry has a current production of 1,302 acres of pineapple of the MD2 variety, which is in high demand locally as well as abroad.

About CAEI:

CAEI is a company in the Energy and Industry portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

SOURCE: Listin Diario

Caei Certifies Pineapple Plantations With Globalgap

Caei Certifies Pineapple Plantations With GlobalgapThe Consorcio Azucarero de Empresas Industriales (CAEI) certified their pineapple plantations with Global Good Agricultural Practices (GlobalGap), which will allow them to export the fruit to the European Market. Previously it obtained the same certification for mangoes.

The information was offered by the commercial director for CAEI, Mr. Charles Betances, whom pointed out that this certification represents a great business opportunity with the European market, because it reveals good practices, respect for the environment, and a commitment towards the wellbeing of its staff.

Betances emphasized that the consortium aims to export 190 pineapple containers to the European market, from now till ends April next year.

GlobalGap is a production and trading standard imposed on fresh fruit and vegetables by the main consumer and importing countries in Europe, such as Germany, England, France, Belgium and the Netherlands.

He assured that via an international regulation mechanism, all the consumer countries will be free of any type of poisoning, virus, contamination or waste that could be transferred to their population by the direct consumption of these fresh foods.

About CAEI:

CAEI is a company in the Energy and Industry portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

SOURCE: Hoy

Domicem Remarks DR Investment Climate

SD. The Director-General of Cementos Dominicanos (DOMICEM), Francesco Cardi, informed about the vast amount of European investors whose intention is to settle in the country, due to the secure and calm climate hosted by the Dominican Republic.

He also expressed, that the country features the best field technicians as well as subject matter experts in cement of the entire Caribbean and Latin American region. The executive spoke amid the celebration mass in commemoration of the fourth (4th) anniversary celebration of Domicem.

While the Parrish priest, Father José Alberto Lora Guzmán gave thanks to God for the 280 direct employees working at the company and the +12,000 indirect workers, contributing to the dynamism of the economy, thus collaborating to the integral development of Palenque, San Cristóbal.

DOMICEM is located in the township of Sabana Grande de Palenque, and is the highest source of employment in the zone, and has donated over RD$15M in medication for the municipal hospitals.

About DOMICEM:

DOMICEM is a company in the Energy and Industries portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

SOURCE: Diario Libre