Domicem will build solar power plant in SC

DOMICEM kicks-off construction of new solar power plant

DOMICEM carried out the groundbreaking ceremony to officially kick-off the construction for a solar-powered photovoltaic energy plant, of 1,500KWP, located in Sabana Grande de Palenque, in the San Cristóbal province, as part of its sustainable action plan, which will expand to 6,000 KWP during phase 2.

The project will feature the setup of 4,616 solar panels, each of them with a 325WP production capacity, 49 SMA inverters, with a built-in capacity to produce 25.00KWP and which will produce a total of 2,286,305KWH of clean energy, which translates to DOMICEM ceasing to consume 56,175 fossil fuel gallons per year, by switching from traditional energy to solar power.

Osvaldo Oller, VP at DOMICEM, stated that: “here at DOMICEM, we have assumed the commitment of investing towards achieving a cleaner nation, and therefore our production focuses more each time on reducing emissions”. The executive explained that since 2013, the company has set out to carry out a series of new initiatives to achieve this goal.

“Besides this photovoltaic  project, back in 2013 we signed an agreement with EGE HAINA, to consume clean eolic energy, produced by the Los Cocos Wind Farm, later on we set up a new Vertical Wind Turbinel, which reduced energy consumption by over 10%, turning DOMICEM into a more efficient energy consumer company; another project we will be carrying out is the setup of a particulate electrostatic precipitator, which reduces emissions into the atmosphere, besides several reforestation drives in the recovery areas located nearby mining zones and mountains” Oller said.

The solar power plant will produce an environmental savings of 1,455,690Kilograms of CO2 per year, which will equal to DOMICEM planting a total of 48,532 trees. This important solar power project, reassures once again the DOMICEM commitment of being an environmental-friendly company.

Present at the groundbreaking act were the National Energy Commission Director, Mr. Juan Rodríguez Nina, and the Chairman of the Administrative Board of the Electricity Superintendence, César Augusto Prieto, and Adriano Brunetti, managing-director of DOMICEM, as well as high-level company executives.

About DOMICEM:

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

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

About INICIA:

INICIA is a private asset management firm that operates through partnerships with unique managers focused on the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.

SOURCE: http://www.traslashuellasdigital.com.do

Domicem kicks-off construction on solar power plant

Domicem officially kicks off solar power plant construction

DOMICEM celebrated the groundbreaking to formally kick-off the construction of a new 1,500KWP solar-power photovoltaic plant, in Sabana Grande de Palenque, as part of its sustainable action plan, which will expand up to 6,000KWP in phase two.

The project will consist of setting up 4,616 solar panels, each with a 325WP production capacity, 49 SMA inverters, with a built-in capacity to produce 25.00KWP and which will produce a total of 2,286,305KWH of clean energy, which translates to DOMICEM ceasing to consume 56,175 fossil fuel gallons per year, by switching from traditional energy to solar.

Company VP Osvaldo Oller, expressed that they have assumed the commitment of investing towards a cleaner country, “and that is why our production is focused more each time on reducing emissions”.

Oller explained that since 2013, the company has set out to carry several new initiatives to achieve this purpose.

“Asides developing this photovoltaic project, back in 2013, we signed an agreement with EGEHAINA to consume clean energy, produced by wind through the Los Cocos Eolic Park, further on we set up a new vertical wind turbine, which reduces energy consumption by over 10%”, Oller said.

The solar power plant will produce an environmental savings of 1,455,690Kgs of CO2 per year, this equal to the company planting 48,523 trees.

Among the attendees at the groundbreaking were the director of the National Energy Commission, Juan Rodríguez Nina, and the chairman of the Board of the Electricity Superintendence, César Augusto Preto, as well as Adriano Brunetti, managing director of DOMICEM, among other company executives.

About DOMICEM:

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

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

About INICIA:

INICIA is a private asset management firm that operates through partnerships with unique managers focused on the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.

SOURCE: http://almomento.net/domicem-da-inicio-a-la-construccion-de-una-planta-de-energia-solar/

Domicem will build solar power plant in SC

DOMICEM celebrates new construction for a solar power plant

DOMICEM carried out the groundbreaking ceremony to officially kick-off the construction for a solar-powered photovoltaic energy plant, of 1,500KWP, located in Sabana Grande de Palenque, in the San Cristóbal province, as part of its sustainable action plan, which will expand to 6,000 KWP during phase 2.

The project will feature the setup of 4,616 solar panels, each of them with a 325WP production capacity, 49 SMA inverters, with a built-in capacity to produce 25.00KWP and which will produce a total of 2,286,305KWH of clean energy, which translates to DOMICEM ceasing to consume 56,175 fossil fuel gallons per year, by switching from traditional energy to solar.

Osvaldo Oller, VP to the Board at DOMICEM, stated that: “here at DOMICEM, we have assumed the commitment of investing towards achieving a cleaner nation, and therefore our production focuses more each time on reducing emissions”. The executive explained that since 2013, the company has set out to carry out a series of new initiatives to achieve this goal.

“Asides this photovoltaic energy  project, back in 2013 we underwrote an agreement with EGE HAINA, to consume clean energy, produced by way of the Los Cocos Wind Farm, further on we set up a new Vertical Aerial Generator, which reduced energy consumption by over 10%, turning DOMICEM into a more efficient energy consumer company; another project we will be carrying out is the setup of a particulate electrostatic precipitator, which reduces emissions into the atmosphere, asides several reforestation drives in the recovery areas located nearby mining zones and mountains” Oller said.

The solar power plant will produce an environmental savings of 1,455,690Kilograms of CO2 per year, which will equal to DOMICEM planting some 48,532 trees. This important solar power project, reassures once again DOMICEM’s commitment of being an environmental-friendly company.

The groundbreaking act featured the attendance of the Director to the National Energy Commission, Mr. Juan Rodríguez Nina, and the Chairman of the Administrative Board of the Electricity Superintendence, César Augusto Prieto, and Adriano Brunetti, managing-director of DOMICEM, as well as high-level company executives.

About DOMICEM:

DOMICEM, one of the main cement production companies in the Dominican Republic and the Caribbean. Created by a Dominican-Italian Business Guild in 2005; DOMICEM has developed a modern and avant-garde business philosophy, faithful to its sustainability and social responsibility pillars. DOMICEM features a modern production plant based in Sabana Grande de Palenque, in San Cristóbal; it features two distribution terminals, one located in Montego Bay, Jamaica, and another in Port-au-Prince, in Haiti.

The company operates under a people-centered philosophy. Its strategy and all production processes are environment-friendly, managing the proper development policies, respectful of natural resources, impact mitigation and a responsible relationship with the community. The quality of its processes and products is its standard; and these are supported by national and international certifications, as well as the acquired experience. DOMICEM issues great contributions to the national economy, by generating foreign currency by exports, as well as direct and non-direct employment opportunities.

About INICIA:

INICIA is a private asset management firm that operates through partnerships with unique managers focused on the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.

SOURCE: https://elnuevodiario.com.do/domicem-da-inicio-la-construccion-planta-energia-solar/

Domicem starts construction on a solar power plant

Domicem starts solar power plant construction

DOMICEM carried out the groundbreaking ceremony to officially kick-off the construction for a solar-powered photovoltaic energy plant, of 1,500KWP, located in Sabana Grande de Palenque, in the San Cristóbal province, as part of its sustainable action plan, which will expand to 6,000 KWP during phase 2.

The project will feature the setup of 4,616 solar panels, each of them with a 325WP production capacity, 49 SMA inverters, with a built-in capacity to produce 25.00KWP and which will produce a total of 2,286,305KWH of clean energy, which translates to DOMICEM ceasing to consume 56,175 fossil fuel gallons per year, by switching from traditional energy to solar.

Osvaldo Oller, VP to the Board at DOMICEM, stated that: “at DOMICEM we have assumed the commitment of investing towards achieving a cleaner nation, and therefore our production focuses more each time on reducing emissions”. The executive explained that since 2013, the company has set out to carry out a series of new initiatives to achieve this goal.

“Asides this photovoltaic energy  project, back in 2013 we underwrote an agreement with EGE HAINA, to consume clean energy, produced by way of the Los Cocos Wind Farm, further on we set up a new Vertical Mill, which reduced energy consumption by over 10%, turning DOMICEM into a more efficient energy consumer company; another project we will be carrying out is the setup of a particulate electrostatic precipitator, which reduces emissions into the atmosphere, asides several reforestation drives in the recovery areas located nearby mining zones and mountains” Oller said.

The solar power plant will produce an environmental savings of 1,455,690Kilograms of CO2 per year, which will equal to DOMICEM planting some 48,532 trees.

About DOMICEM:

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

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

About INICIA:

INICIA is a private asset management firm that operates through partnerships with unique managers focused on the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.

SOURCE: http://hoy.com.do/domicem-da-inicio-construccion-de-planta-de-energia-solar/

Domicem starts construction on a solar power plant

Domicem will build solar power plant in SC

DOMICEM carried out the groundbreaking ceremony to formally inaugurate the construction for a solar-powered photovoltaic energy plant, of 1,500KWP, located in Sabana Grande de Palenque, in the San Cristóbal province, as part of its sustainable action plan, which will expand to 6,000 KWP in phase 2.

The project will feature the setup of 4,616 solar panels, each of them with a 325WP production capacity, 49 SMA inverters, with a built-in capacity to produce 25.00KWP and which will produce a total of 2,286,305KWH of clean energy, which translates to DOMICEM ceasing to consume 56,175 fossil fuel gallons per year, by switching from traditional energy to solar.

Osvaldo Oller, VP to the Administrative Board at DOMICEM, stated: DOMICEM we have assumed the commitment of investing towards achieving a cleaner nation, and therefore our production focuses more each time on reducing emissions”. The executive explained that since 2013, the company has set out on a series of new initiatives to achieve this goal.

“Besides this photovoltaic project, back in 2013 we underwrote an agreement with EGE HAINA, to consume clean energy, produced by way of the Los Cocos Wind Farm; further on we set up a new Vertical Mill, which reduced energy consumption by over 10%, turning DOMICEM into a more efficient energy consumer company; another project we will be carrying out is the setup of a particulate electrostatic precipitator, which reduces emissions into the atmosphere, besides several reforestation drives in the recovery areas located nearby mining zones and mountains,” Oller said.

The solar power plant will produce an environmental savings of 1,455,690Kilograms of CO2 per year, which will equal to DOMICEM planting some 48,532 trees.

With this solar power project, DOMICEM once again reassures its commitment of being a environment-friendly company, as was stated by a company press release.

The groundbreaking ceremony featured the attendance of the Exec. Director of the National Energy Commission, Juan Rodríguez Nina, and the chairman of the Board of the Electricity Superintendence, Engineer César Augusto Prieto, Mr. Adriano Brunetti, managing-director of DOMICEM, and company executives.

About DOMICEM:

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

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

About INICIA:

INICIA is a private asset management firm that operates through partnerships with unique managers focused on the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.

SOURCE: https://www.listindiario.com/economia/2017/11/15/490566/domicen-hara-planta-solar-en-sc

Domicem will build solar power plant in SC

Solar Power Plant Construction Kicks Off

DOMICEM began construction for its new 1500 KW/h photovoltaic solar power plant, located in Sabana Grande de Palenque in the San Cristóbal province, as part of its sustainability plan, which will expand capacity-wise to 6,000KWP for phase two.

The project will feature a setup capacity of 4,616 solar panels, each to produce 325Wp, 49 SMA inverters with a 25,00KWH capacity, to produce some 2,286,305KWh of clean energy, which results in DOMICEM ceasing to use some 56,715 gallons of fossil fuel per year, by replacing traditional energy for solar power.

Osvaldo Oller, VP to the DOMICEM Board, explained that “in DOMICEM we have assumed the commitment of investing towards achieving a cleaner nation, and therefore our production focuses more each time on reducing emissions”. The executive explained that since 2013, the company has set out on a series of new initiatives to achieve this goal.

“Besides this photovoltaic project, back in 2013 we underwrote an agreement with EGE HAINA, to consume clean energy, produced by way of the Los Cocos Wind Farm, further on we set up a new Vertical Mill, which reduced energy consumption by over 10%, turning DOMICEM into a more efficient energy consumer company; another project we will be carrying out is the setup of a particulate electrostatic precipitator, which reduces emissions into the atmosphere, asides several reforestation drives in the recovery areas located nearby mining zones and mountains” Oller said.

The solar power plant will produce an environmental savings of 1,455,690Kilograms of CO2 per year, this is equal to DOMICEM planting 48,532 trees.

The groundbreaking featured the attendance of the Exec. Director of the National Energy Commission, Juan Rodríguez Nina, and the chairman of the Board of the Electricity Superintendence, Engineer César Augusto Prieto, Mr. Adriano Brunetti, managing-director of DOMICEM, and company executives.

About DOMICEM:

DOMICEM, one of the main cement production companies in the Dominican Republic and the Caribbean. Created by a Dominican-Italian Business Guild in 2005; DOMICEM has developed a modern and avant-garde business philosophy, faithful to its sustainability and social responsibility pillars. DOMICEM features a modern production plant based in Sabana Grande de Palenque, in San Cristóbal; it features two distribution terminals, one located in Montego Bay, Jamaica, and another in Port-au-Prince, in Haiti.

The company operates under people-centered values. Its strategy and all production processes are environment-friendly, managing the proper development policies, respectful of natural resources, impact mitigation and a responsible relationship with the community. The quality of its processes and products is its standard; and these are supported by national and international certifications, as well as the acquired experience. DOMICEM issues great contributions to the national economy, by generating foreign currency by exports, as well as direct and non-direct employment opportunities.

About INICIA:

INICIA is a private asset management firm that operates through partnerships with unique managers focused on the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.

SOURCE: https://www.listindiario.com/economia/2017/11/14/490528/inician-construccion-de-una-planta-de-energia-solar

Dominican steel industry reaches over 30 markets

Dominican steel industry reaches over 30 markets

The steel products produced in-country reach 30 markets overseas, with Cuba being the latest addition. Since 1980, a vast array of products is exported to Puerto Rico, Cuba, Jamaica and Haiti, among them rods, profiles, cornerstones among other construction commodities.

A core reason for this is the geographic location of the Dominican Republic, seen by industrials as a logistics vantage point, and as explained by Carlos Valiente, CEO of Gerdau Metaldom, these reach not only the Caribbean isles, but the U.S., Venezuela, and a great part of South America, like Guyana, Suriname and St. Vincent. However, the local market remains as Gerdau Metaldom’s forte.

Most of the raw material is purchased abroad (Brazil, Europe, Mexico and China).

Gerdau Metaldom, attends to different construction segments, -infrastructure, industrial, commercial, agribusiness, and distribution to hardware stores-. It has been graded by Fitch and Feller Rate. In the last 4 years, the situation has become very competitive, due to global excess capacity in steel production, especially in China and GCC countries and Turkey, which are the greatest international competitors.

“We keep very active in Central America, in some of the Greater Antilles and with advantages to reaching the Lesser Antilles. Last year, we made our first export to Cuba”, Valiente said. Steel is considered a commodity, and is highly coveted because of its origin, its processes are certified and worked in a customer-based culture, due to its producers also being distributors and featuring an important relationship with the most renowned local hardware stores and in other markets, as is the case of Puerto Rico, where, according to Valiente, the industry holds important clients.

They also make direct sales to large construction companies, to which they offer shaped products that meet global safety standards.

“It isn’t about an ordinary rod, these are made meeting specific market conditions to be used in the D.R.”, Vanegas said, and that is why the combination in specifications for RTD, meeting all norms”.

The rods produced for Costa Rica show the origin, thus displaying “made in Dominican Republic”

About Gerdau Metaldom:

It is the first multinational company in the steelworks sector of the Dominican Republic, with important market share in several Central American and Caribbean countries, such as Costa Rica, Puerto Rico, Haiti, Jamaica and others.

The company hosts three facilities in Santo Domingo, with a setup capacity of one million metric tonnes for lamination of steel bars. It produces bars -long and flat- for the civil construction, industrial, agribusiness sectors, and operates in PVC and metallic products.

About INICIA:

INICIA is a private asset management firm that operates through partnerships with unique managers focused on the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.

SOURCE: http://www.listindiario.com/economia/2017/07/24/475287/industria-del-acero-llega-a-mas-de-30-mercados

Ingenio CAEI Increases Production

Ingenio CAEI Increases Production

The Ingenio Cristóbal Colón, owned by the CAEI Consortium, achieved an unprecedented production of 131,816MTs of sugar cane, surpassing the harvest goals by over 11 thousand tonnes.

The Mill processed 1,368,050MTs and reached a total production of 9,716,733 gallons of molasses.

The Executive VP at CAEI, Alberto Potes, expressed that the increase in production was possible thanks to the support of the company Board and the Putney Capital Management Investment Fund, co-partner in all CAEI operations, as well as the efforts made by all company manpower.

About CAEI:

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

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

About INICIA:

INICIA is a private asset management firm that operates through partnerships with unique managers focused on the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.

SOURCE: http://eldia.com.do

Cristobal Colon Sugar Mill Exceeds the Goal

Cristobal Colon Sugar Mill Exceeds the Goal

The Cristobal Colon Sugar Mill achieved an unprecedented sugar production, upon reaching 131,816MTs of sugar cane.

The Mill, owned by the CAEI Consortium, surpassed the goal for the recent harvest by over 11 thousand tonnes.

The Cristóbal Colón milled a total 1,368,050MTs and reached a production of 9,716,733 gallons of molasses.

This harvest distinguished the participation of third-party purchased sugar cane, as well as independent producers, who delivered some 80,000MTs and the Finca La Unidad which delivered around 400 thousand tonnes.

Per Alberto Potes, Executive VP at CAEI, this increase in production was possible thanks for the support by the company Board, and Putney Capital Management Investment Fund, co-partner in all CAEI operations, as well as all efforts made by the company manpower.

Potes highlighted that during the last 4 years, the Cristóbal Colón has invested over USD$55million in developing its agricultural and industrial expansion plans, increasing the milling capacity of the mill from 6,000 to 11,000 tonnes per day.

This has enabled the creation of over 5 thousand direct employment opportunities in the region, which have contributed to improving the social and financial indicators of the zone, Potes said.

About CAEI:

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

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

About INICIA:

INICIA is a private asset management firm that operates through partnerships with unique managers focused on the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.

SOURCE: http://hoy.com.do

Cristobal Colon Sugar Mill Reaches Unprecedented Production of Sugar

Cristobal Colon Sugar Mill Reaches Unprecedented Production of Sugar

“This increase in sugar production enables us to face new future challenges”

SAN PEDRO DE MACORÍS.- The Cristobal Colon Sugar Mill, owned by the CAEI Consortium, achieved an unprecedented production of 131,816MTs, surpassing the set goal for the recent harvest by 11 thousand tonnes.

The mill processed 1,368,050MTs of sugar cane, and attained a production of 9,716,733 gallons of molasses.

The executive VP of CAEI, Alberto Potes, expressed that the increase in production was possible thanks to the support of the company Board, and Putney Capital Management, co-partner in all CAEI operations, and the efforts made by all company manpower.

“This increase in production ratifies the progress of the strategic plan, and places us in the position to face new future challenges, among others, to continue generating over 5,500 direct employment opportunities in the area, which contribute to bettering the social and financial indicators in the region, driving new technology investments, and quality assurance. In all social and environmental affairs, the company has invested over USD$5.0 per tonne of milled cane in the last 5 years.

Potes highlighted that in the last 4 years, the Cristobal Colon Sugar Mill invested over USD$55million in developing its agricultural and industrial expansion plans, thus increasing the milling capacity from 6,000 to 11,000 tonnes per day.

The investments have contributed significantly  to environmental sustainability, water management and atmosphere emissions; the cooling towers to manage the in-mill closed water circuit, the wastewater biotreatment plant; the modernization in the production process through a continuous waste bin; the setup of an electrostatic precipitator, featuring an investment of USD$2.5million, and the entomology laboratory to monitor the biocontrol of plagues that affect all cane crops. All these investments put the mill on the avant-garde of all environmental matters.

Potes stressed that based on the sustainable management model, the mill is the only mill in the Caribbean region with production certified by Bonsucro and ProTerra, global production standards that promote sustainable economic, social and environmental performance. The mill also holds the ISO 9001, ISO 14001 Environment, and OHSAS-18001 Standards for Safety and Occupational Health in Crop & Harvest operations.

This harvest distinguished  third-party purchased cane, as well as independent farmers who delivered around 80,000MTs, and the Finca La Unidad, which delivered some 400,000 MTs of sugar cane.

CAEI is a company within the assets portfolio managed by Putney Capital Management, partner of INICIA.

About CAEI:

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

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

About INICIA:

INICIA is a private asset management firm that operates through partnerships with unique managers focused on the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.

SOURCE: http://acento.com.do