Glass: Company Reduces Operations

Because of the fall in sales and the slowdown of the local economy, the company Vicesa announced the dismissal of 254 employees working at the plant in Cartago, Costa Rica.

Monday, October 21, 2019

The company reported that it made the decision, given that in the last two years its traditional markets showed marked economic instability, a situation that generated less demand for its products.

You may be interested in "Glass: Business Figures in 2018"

The company said in a statement that the staff cut "... is due to an economic slowdown in Costa Rica from September 2018. In addition, political problems in Nicaragua and social instability in Haiti."

Nacion.com reports that "... These factors together led to the company being forced to temporarily stop one of its four ovens at the Loyola de Cartago facility on October 21."

The article adds that "... With the layoffs, the payroll was reduced to about 400 employees, confirmed a representative."

According to reports from CentralAmericaData, during 2018 the main importer in Central America of glass and its manufactures was Guatemala, with $69 million, followed by Costa Rica, with $65 million, Panama, with $58 million, El Salvador, with $44 million, Honduras, with $42 million and Nicaragua, with $20 million.

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Glass Bottles: $100 Million for New Factory

November 2020

In the Dominican Republic, the companies Caribbean Glass Industry and Cerveceria Nacional Dominicana will build a production plant that will have the capacity to manufacture 500 million glass bottles per year.

The new production plant will be located in the municipality of Pedro Brand, which belongs to the province of Santo Domingo.

The Glass Business in Central America

December 2017

Between January and June of 2017, countries in the region imported $150 million worth of glass and its manufactures, 4% more than the imports in the the same period in 2016.

Figures from the information system on the Central American Market for Glass and its Manufactures, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]

Central America Imports More Glass from China

August 2017

In 2016 imports of glass and its manufactures into Central American countries totaled $301 million, and the value imported from the Asian country grew by 27% compared to 2015.

Figures from the information system on the Central American Market for Glass and its Manufactures, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]

Opportunities in Glass Recycling

October 2012

Nicaragua does not recycle its discarded glass, and the little that is collected is exported to three recycling plants in other Central American countries.

Elnuevodiario.com.ni reports that "If there was a glass processing plant in Nicaragua, without a doubt the number of collectors would multiply and their income would improve, but for now the amount of material collected for selling at the three factories operating in Central America, is only 2.457 metric tons per year, the lowest of all countries on the isthmus. "

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