In Baru Haven, Chiriquí, crude oil a processing plant is being built at a cost of $14.3 million, with capacity to process 30 tons per hour.
The company in charge of construction is Corporación Industrial Barú S.A. (CIBASA), who will perform the first test in January 2014.
Castrellón Caesar, president of the board of the company, explained that the project includes in its second stage the production of biogas, which will meet the electricity needs for the operation of the plant and contribute to the national grid.
Built with an investment of $10 million, the processing plant owned by the Association of Producers of Palma de Yoro and Cortés has opened in Choloma.
According to Victor Iscoa, technical secretary of the palm chain at the Secretariat of Agriculture and Livestock (SAG), the plant has a milling capacity of 30 tons per hour in clusters, which is 100 thousand tons per year.
From January 2013 a new plant in Honduras will be operational, producing African palm oil and having a capacity to process 650 tons per day.
Corporación Industrial Sula (COINSU), which is made up of 453 small producers from the Atlantic coastline, invested $10 million in the plant in Río Blanquito, Choloma, in Cortés, and plans new investment stages to make the amount up to $15 million.
The rising price of its main raw material has decreased profit margins of companies in the food industry, who are looking for alternative suppliers and using future hedge purchases.
Representatives of several companies in the food industry in Costa Rica noted that the escalating prices of wheat, corn and soybeans, the main raw material, are added to the U.S., the largest supplier of grains in the country, facing its worst drought,.
Del Monte is planning an investment in Costa Rica of over $7 million in a processing plant in order to take advantage of the pineapple juice whose quality is not exportable.
The extraction plant will be located in an area of 6.7 hectares in Volcan de Buenos Aires, Puntarenas.
As well as construction of the plant the project also includes a wastewater treatment plant and storage tank bunker.
The company Industrias Molineras Sociedad Anónima (IMSA), has opened its new plant capable of processing 1400 quintals a day.
The new campus includes facilities for weighing, receiving, cleaning, drying and storing rice.
"... The milling and machinery plant, has a capacity of 132 metric tons, equivalent to a daily production of 1,400 quintals of classified white rice, to be distributed to the public through its 12,000 permanent customers", reported Latribuna.hn article.