Costa Rican company's project 'could raise milk prices in Nicaragua'

Plans by Costa Rica's Dos Pinos Cooperative to build a US$6 million dairy products plant in Nicaragua could lead to higher milk prices there, Nicaraguan companies claim.

Tuesday, July 8, 2008

Besides Nicaragua, Dos Pinos is planning projects in Guatemala and Panama because Costa Rica's milk production is not growing fast enough to meet demand.
But the Nicaraguan plant will put pressure on Nicaragua's fragile milk market, local companies say. According to Costa Rican press reports, Dos Pinos has already reached a supply accord with eight producer co-ops in Nicaragua.

More on this topic

Costa Rican Investment in Nicaraguan Dairy

November 2013

The Dos Pinos Costa Rican dairy cooperative is negotiating the purchase of a plant in Nicaragua and is working on setting up another one in the Dominican Republic.

In an interview Nacion.com by Marvin Barquero with Rodolfo Barrantes, president of Dos Pinos, the official confirmed that the regional expansion strategy of the company is still moving forward.

Dos Pinos in Panama since December

January 2009

After the Costa Rican Dos Pinos company and the Panama Diary Cooperative are joined up, the Dos Pinos brand will be produced, manufactured and sold in Panama.

According to pa-digital.com.pa:"The cost of the investment by COOPRALAC was $2 million; 51% of the shares belong to Dos Pinos and 49% to COOLECHE."

New international milk processing company formed

July 2008

The dairy cooperatives Dos Pinos de Costa Rica and COOLECHE of Panama have joined forces to create COOPROLAP, which will sell the product in Panama.

The cooperatives, which expect to have half of the market for milk in Panama, will sell milk under their separate brand names, Dos Pinos and COOLECHE.

Costa Rica's Dos Pinos aims to expand in Guatemala

July 2008

Costa Rica's top maker of dairy products, the Dos Pinos Cooperative, aims to expand its presence in Guatemala.

Dos Pinos already has US$12.5 million of investment in Guatemala, where it sells 80,000 liters of milk a day, but it aims to boost its presence by reaching accords with local companies, said Dos Pinos manager Jorge Pattoni.

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