Connect with us

Hi, what are you looking for?

Manufacturing

Canadian Company Betting on Business in Cuba

wym-group-zedm
WYM Group S.A. will open up a factory to manufacture cleaning products and tissue paper in the ZEDM at Mariel. Photo: Cuba Debate.

WYM Group, S.A., a Canadian company from the province of Quebec is betting on business in Cuba. The Company has been approved to manufacture and market tissue paper and cleaning products for 25 years in the Special Development Zone (ZEDM) at the Port of Mariel.

According to an article published on the Cubadebate website, the Cuban subsidiary of the Canadian company Group Wym INC, will produce multipurpose detergents and different types of paper products such as napkins, disposable tissues, kitchen towels and liquid detergents for domestic and commercial use.

The WYM Group plant will be located in Sector A of the ZEDM and will operate with high technology equipment and be able to generate part of the electrical energy through solar panels on its roof.

The products will be destined for export as well as to the national market, in as per the signed agreements between Cuba and the WYM Group.

The new factory will source part of its raw materials from the national market, strengthening the productive linkages with the rest of the Cuban economy.

Likewise, in order to replace imports, the “Demos” toilet product line is being developed and marketed in Matanzas, the city which manufactures liquid soap in variants for floors, walls, washing clothes and dishwashing.

This news follows closely the announcement of the Spanish company, Profood Service, S.A., which recently opened in the ZED Mariel. Profood is produces and marketing food products, beverages and dispensing machines for the tourism industry.

ZED Mariel, which focuses on the development of foreign investment, has has accumulated more than $1,660 million dollars in investments since its opening five years ago.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Related News:

Manufacturing

The Baracoa Chocolate Factory in Guantánamo is poised to start up production soon. Over 90% of the equipment installation and assembly are completed. Cuban...

News

Hundreds of Canadians, individuals, trade unions, and 20 organizations—from east to west—sent a donation of 1,920,000 syringes to Cuba. The shipment was organized by...

Tourism

Canadian company AquaSub Scuba Diving, and Cuba’s Marina Marlin S.A. have signed a commercial contract to promote scuba diving travel to Cuba. The newly...

News

A member of the Canadian Parliament has sponsored a petition to the Government of Canada calling for an end to all U.S. sanctions against...

error: This content is copyright protected.