Connect with us

Hi, what are you looking for?

Manufacturing

Teccomp Caribe, a Cuban-Russian joint venture approved at ZEDM

russia-cuba-zedm
Teccomp Caribe, S.A. has received approval to operate in the ZEDM at the Port of Mariel.

The Special Development Zone (ZEDM) made the announcement of the first Russia-Cuba joint venture, under the name, Teccomp Caribe, S.A. has received approval to operate in the ZEDM at the Port of Mariel.

Teccomp Caribe will manufacture and market polymers reinforced with glass fibers and resins.

The new joint venture is an alliance between the Russian company United Composite Technologies, and the Sociedad Mercantil Siment S.A. Modern technology will be used in the production of polymer which will complement the use of steel in the construction industry.

The Teccomp Caribe plant will use modern technology for the production of the polymer, whose effectiveness has already been proven in Cuba. Its advantages include durability, strength, lightweight, and anticorrosive properties.

Advertisement. Scroll to continue reading.

In addition, Teccomp Caribe will offer technical advice, training for the use of these products, and the specialized software used in the projects and designs made with this material.

The establishment of Teccomp Caribe will help replace imports and produce a new exportable product, especially for the Caribbean market.

Related News:

Foreign Investment in Cuba

Cuba and Russia signed five agreements in education, geological exploration, and health at the 21st Russian-Cuban Intergovernmental Commission for Economic Cooperation on Trade, Economic,...

Foreign Investment in Cuba

Russian trading house RusMarket announced plans to open its first store in Cuba in collaboration with the CIMEX Corporation. The joint venture will launch...

Trade Relations

Officials of Cuba and Russia have signed a trade and economic agreement until 2030. Russia’s Deputy Prime Minister Dmitry Chernyshenko and Cuban Deputy Prime...

Foreign Investment in Cuba

The Cuba-Russia Business Forum and the 11th meeting of the Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation begins today in Havana until...

error: This content is copyright protected.