Uruguay: San Miguel inaugurated lemon processing plant in Paysandú

Published Jun 14, 2024

Tridge summary

San Miguel S.A., a global leader in lemon-based natural ingredient production, has invested $33 million in a new plant in Uruguay, as reported by the company's manager, Martín Otero. The plant, located in Paysandú, is expected to process over 60,000 tons of lemons in its first year and reach 100,000 tons within two years. It will produce essential oil, concentrated juice, and dehydrated lemon peel, used by food and beverage companies. The project will be divided into five stages, with an additional $40 million invested in eight productive farms. This expansion positions San Miguel as the only citrus company with production and processing operations in various countries, aiming to lead the global market.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

San Miguel S.A., a leading global company of Argentine origin in the production and export of natural ingredients derived from lemon, installed a new plant in Uruguay, a country in which it has had a presence for more than 20 years. The official inauguration of the first plant in Paysandú was attended by the president of Uruguay, Luis Lacalle Pou, who commented that "no one comes to make an investment of this type if they do not trust the government." Martín Otero, manager of San Miguel, explained that the total investment is approximately 33 million dollars and that this opening means great growth for the company. He indicated that the plant will process more than 60,000 tons of lemon this year and aims to reach 100,000 tons in two years. "In this plant we will produce essential oil, concentrated juice and dehydrated lemon peel, all natural products that are used as raw materials for food companies of beverages, flavors and fragrances," he indicated. The project will be divided ...
Source: MXfruit
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