Tropigas to Invest $14 Million in El Salvador

The gas distributor will expand its terminal in port La Unión, doubling its propane storage capacity.

Tuesday, July 14, 2009

Tropigas will invest between $4 million and $14 million in El Salvador, depending on the obligations assumed by the company. The General Director of Grupo Tropigás, Marco Martínez, told newspaper La Prensa Gráfica that "right now they are only having conversations with their partners and authorities of the Economy Ministry, with whom they will meet this week".

With the expansion, Tropigas would be capable of storing up to 7 million gallons of propane gas in La Unión Port, a considerable improvement from the 3.5 million gallons they are capable of storing today.

More on this topic

Roatan Island: 28 MW Propane Gas Generator

March 2016

A Finnish multinational company has resolved its electricity problems in Roatan Island with a generating plant based on propane gas.

The growth of tourism in the Bay Islands (Honduras' northern Caribbean) has made feasible a project by the Finnish company Wärtsilä to install a 28 MW power plant based on propane gas.

Port Area Attracts Investment

March 2015

A free zone, two hotel developments and a condominium estimated at $185 million and $30 million are part of the works that private entrepreneurs have planned for the province of Limon, in Costa Rica.

With the announcement of the construction of the container terminal at Moin and the extension of Route 32, investors have glimpsed investment and business opportunities in the province, which foresees strong economic development in the coming years.

Investment in Conversion of Cars to Propane Gas

November 2013

In Guatemala Grupo Tomza has launched a plan to convert gasoline engines to use propane gas, at an average cost of $1,000.

The company recently made a presentation of the project in which it will invest $90,000.

"All investments are welcome in this country, because things like this will help family economies and contribute to the environment.

Propane Gas Market Sees Investments

July 2009

Salvadoran propane gas companies expect to double their sales by investing in distribution centers and upgrading their customer service.

Tropigas will invest $4 million in expanding its storage terminal in La Unión, while Tomza, of Mexican capital, projects to open 100 stores in the mid term, in addition to the 200 it currently operates in El Salvador.

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