NEWS

First palazo new distribution center

First palazo new distribution center

In an act headed by the President of the Republic, Luis Abinader Corona and the Minister of Industry, Commerce and Mipymes, Víctor Ito Bisonó, this Wednesday, November 10, 2021, the works for the construction of our new Distribution Center located in the Av. Circunvalación in Santo Domingo Norte.


For this megaproject, our company is executing an investment of RD $ 2,300 million pesos and about 800 direct jobs will be created.


Participants in this important event were: Miguel Feris Chalas, president of the Executive Committee; Jesús Feris Ferrús, Vice President of Operations; Carmen Armenteros, administrative vice president, Ernesto Armenteros, director of the Board, Alexia Feris, director of human management, among other directors.


Also present were Dr. Jesús Feris Iglesias, advisers, strategic allies of the company, members of the press and various personalities from the Dominican banking and industrial sector.


The main words were in charge of the president of the executive committee of César Iglesias, Mr. Miguel Feris, who said that this new project means “opening a new chapter in a history that does not end, the history of our company and our country; a country of brave and enterprising people, of a company that produces with the quality of people that progress”.

More about the new distribution center:

Its design is the creation of the German multinational MIEABACH, in its first stage.


It will have an area of 19,000 meters distributed in two warehouses of 9,500 square meters each, and 35,600 “pallet positions”.


Each warehouse will be equipped with VNA-type storage techniques and a “radio shuttle” section for products that need to preserve safety inventories and at the same time have high turnover.


For the second stage of the work, the construction of six traditional warehouses of 12,000 square meters each will be added and once the project is finished the park will have a useful storage capacity that will exceed 92,000 square meters. The estimated investment of the total project will be approximately 2,300 million pesos.


For the residents of the area, the construction of this first stage will have a very positive impact; the community will benefit from the creation of more than 200 jobs and once the project is completed, 800 direct jobs will be generated.


It indicates that it will be able to boost the economy, improve access roads, electrical services and strengthen security in the area. One more proof that our family’s legacy lives on. With the desidious support of the Dominican state.


Currently César Iglesias has 23 factories and six logistics centers distributed in various points such as Santo Domingo, La Vega, Puerto Plata, Azua, Nagua and San Pedro de Macorís.

AES Dominican recognizes Cesar Iglesias

AES DOMINICAN RECOGNIZES CÉSAR IGLESIAS

At César Iglesias, we are competitive, efficient and socially responsible in our operations. In accordance with our objective of building a better country, we join the initiatives adopted to reduce our carbon footprint, making use of carbon neutral natural gas.



In November 2021, AES Dominicana awarded César Iglesias SA a special recognition for having been part of the first shipment of Carbon Neutral Natural Gas brought to the Dominican Republic on July 22, thus creating a highly relevant precedent on the use of fuels with less environmental impact..

 

We are honored to be part of this great milestone, while reaffirming our commitment to continue investing in renewable energies and to continue reducing our impact on the environment.

Modernization Process

MODERNIZATION PROCESS

Modernization Process

In line with its modernization process starting in 2018, César Iglesias S. A. has finished a revaluation process which sets equity of the company at RD$13,092mm from RD$4,000mm. This revaluation was followed by a buyback operation of 30% of outstanding shares previously held by Perla del Adriático S. A. after the revalorization of assets, resulting in a stronger financial and equity structure for César Iglesias S. A. The process was accompanied by Citibank, with the objective to update the financial statements to a more actual situation, thus paving way for the César Iglesias S. A. future projects headed by its President of the Board, César Norberto Armenteros and its Executive President Miguel Feris Chalas.

 

RIO SOAP OATMEAL SOFTNESS

RIO SOAP OATMEAL SOFTNESS

Cuaba soap is one of those products that cannot be missing from our house.
It is an essential item for personal and home hygiene.

 

Therefore, to satisfy the specific tastes of our consumers, we bring Rio Soap Oatmeal Softness,
a creamy soap with natural oatmeal particles that softens, cleanses and protects the skin.

 

Mazeite

New Vegetable Oil – MAZEITE

New Vegetable Oil – MAZEITE

It is an edible oil 100% pure palm.
Its double refinement process makes
it a highly healthy product.

The light flavor of our soybean oil is great for frying,
baking and seasoning salads.

 

New Image Dominó

NEW TEXTURE AND SUPER SOFT

Domino is now a totally renewed product, its new heart texture gives the consumer a smoother padded softness and thicker leaves, achieving the perfect combination between:

  • Smoothness
  • Absorption
  • Performance
  • Resistance
  • Delicate Fragrance

New texture for greater smoothness, absorption and resistance. Gentle fragrance.