In Costa Rica, Bridgestone began partial operations on May 11 and now announces that it will completely normalize its activities at the plant in Heredia by the end of June.
Following the outbreak of covid-19 in the country, the tire manufacturer decided to temporarily close the operations of its plant located in the canton of Belen.
Bridgeston announced that it will build an electric substation in Costa Rica at its tire production plant, which is located in Ribera de Belen, Heredia.
The company dedicated to the manufacture of tires reported that the Costa Rican Institute of Electricity and Siemens, will be in charge of the development and installation of this new substation.
In 2015 countries in the region imported 130,650 tons of new pneumatic tires, worth $469 million, while Costa Rica exported 30,626 tons.
Data on the Pneumatic Tires Market in Central America, provided by the Business Intelligence unit at CentralAmericaData.com, shows that Guatemala led imports made by Central American countries in 2015, with a total of $132 million in value and 39,471 metric tons.
Keeping pace with the growth in vehicles, there has been growth in imports of wheels and tires, in a region where a common feature is that 45% of the market is second hand.
After three years of steady growth, in 2013 tire imports were reduced, compared to the previous year, by $12 million. However, the figures for the first months of 2014 are beginning to show improvement.
Legal jargon on public corporations is preventing twelve companies from choosing the energy supplier that offers the best prices.
Bridgestone, Grupo Mit, Irex, Amanco and Cervecería Costa Rica and seven more companies saw their request to change electricity supplier hampered when the Regulatory Authority for Public Services (ARESEP) granted the municipality the authority to resolve the matter, which then rejected the request by the companies.
The South American country has become an attractive market for the export of raw lead, tires and plastic, among other things.
In January and February of this year sales from Costa Rica to Colombia increased by 21% compared to the same period in 2013, driven by products from the industrial sector.
According to an article in Elfinancierocr.com: "Other goods from the industrial sector gaining more presence are tubes and plastic fittings, as well as items for plastic packaging. Featuring In the food and beverage sector are other food preparations and vodka. "
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