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Cuba Triples Recyclable Materials Exports in 2010
HAVANA, Cuba, May 13 (acn) Desequip Dismantler, the exporting company of the Union of
Recyclable Materials Enterprises, tripled its profits through the end of April over the same
period last year.


Cuban News Agency

 

Economy deputy Director Francisco Otaño told ACN his company’s profits for 2010 will exceed 15 million dollars thanks to the inclusion of new lines in its export portfolio.

Last March we exported glass for the first time, mainly to the Central American market and recommenced the marketing of plastic containers, Otaño said.

He said Desequip had earnings in this period of 4 million, on which fluctuations in commodity prices in the stock market had a positive influence.

The trading unit of non-ferrous scrap (copper, aluminum, brass, stainless steel, etc. processed from January to April 7 600 tons of raw materials, he said.

Luis Morales, deputy director of operations, referred to the advanced technology of the company, which decreased the time of packing, loading and transportation of goods to the port.

Morales reported on the opening of a branch in Santiago de Cuba thus enabling substantial fuel savings by exporting their products directly from eastern Cuba.

He said that the most traded product on the international market is aluminum while copper is the best paid with prices at present exceeding 7,000 dollars a ton.

We are characterized by our efficiency and profitability, Morales said, when referring to Desequip management.
 

  

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