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.
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."
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.
There still remains tasks to be completed in the process of preparing to compete with milk and dairy products, which in 2025 will start to enter the country duty-free under the CAFTA.
In regards to how to prepare for the next market opening, José Antonio Madriz, President of the National Chamber of Milk Producers, told Nacion.com that there still remains work to be done, and that they"... have approached the Ministry of Agriculture and Livestock (MAG) several times, as lead agency, to establish joint plans between the private sector, government, universities and other research centers, but the result is insufficient."
Dos Pinos, the largest producer and distributor of milk in Costa Rica has acquired a nondairy beverage production plant, which until now has been in the hands of Bebidas Mixtas de Centroamérica.
With the purchase of this plant the Costa Rican Cooperativa de Leche Dos Pinos is seeking to venture into the regional market of drinks such as fruit juices, soft drinks, teas and bottled water.
The Mexican company has acquired a dairy production plant in Alajuela and through an agreement with Florida Bebidas will produce and market its products in the country.
The announcement comes days after Nicaraguan authorities blocked entry of Costa Rican dairy products, after Costa Rica denied a permit to the firm Lala to export products from Nicaragua.
The Defence of Competition Authority has endorsed the sale of Planta Nevada to the Costa Rican company Dos Pinos.
From a press release issued by Cerveceria Nacional SA:
On Tuesday, May 7 ACODECO, The Defence of Competition (or Antitrust) Authority formally communicated through DNLC-Resolution # 012-13 OGC- the approval of the sale of Planta Nevada, producing milk, juices, and soft drinks, belonging to Refrescos Nacionales S.A. a subsidiary of Cervecería Nacional, to Cooperativa de Productores de Leche Dos Pinos R.L.
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