New Dairy Plant in Dominican Republic

Dos Pinos and Distribuidora Corripio invested $30 million in the construction of a plant that has an area of 8,500 square meters and a packaging capacity of 250,000 liters per day.

Tuesday, March 26, 2019

The Costa Rican Cooperative of Milk Producers Dos Pinos and Distribuidora Corripio, founded the Caribbean Dairy Group, being their first joint investment the construction of the new industrial plant, which will produce 50 varieties of dairy products, juices, nectars and soft drinks of the Dos Pinos and La Granja brands.

You may be interested in "Dairy: Regional Market up to September 2018"

Álvaro Solano, director of the new plant, explained to Elfinancierocr.com that "... In the Dominican Republic we saw an important potential. We plan to increase the consumption of dairy products, which currently reaches 104 liters per person per year, which opens up a space for us to continue developing the market."

The article adds that "... The group's plans are aimed at reaching some 30,000 points of sale throughout the Dominican Republic, including both retail and wholesale channels. Meanwhile, in the medium term they will seek to consolidate the export platform to other Caribbean countries."

Also see "Non-Alcoholic Beverages: Imports up to the First Semester"

Regarding the dairy trade between these markets, the figures of the Promotora del Comercio Exterior (Procomer) indicate that Costa Rica has been one of the countries that has increased its position in the milk market of the Dominican Republic, since between 2017 and 2018 sales to companies in the Caribbean country went from $15.2 million to $17.2 million.

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