RD Medical Devices Cluster seeks to strengthen supply chain with local companies
Santo Domingo. – The Medical Devices and Pharmaceutical Cluster of the Dominican Republic, visited Multiquímica company to explore the facilities, products and services that it can offer to the companies that make up the cluster, with the purpose of promoting integration of commercial networks, between entrepreneurs of both segments and to strengthen opportunities for productive articulation in the industrial sector.
Productive chains constitute one of the most important instruments of industrial policy, through which companies acquire knowledge, generate information and technology transfer, and gain access to new markets and insert themselves into global value chains.
One of the objectives of the Medical Devices Cluster strategic plan is to identify the segments with the greatest potential for local linkage, to categorize and evaluate local suppliers according to their capacities to meet requirements.
The Cluster’s representatives were received by the vice president of the company, Mr. Celso Juan Marranzini, who shared with the present details of his products and services, as well as his business vision and expressed his willingness to make the necessary adjustments to be a supplier top-notch for this industry.
“Our interest is to be the supplier of the material for their products and to work hand in hand creating a business ecosystem that defines us as a country,” said Marranzini.
Raquel Rodríguez, Project Manager of the Dominican Association of Free Zones (ADOZONA), explained the importance of these approaches.
“With these exploratory visits, we intend to promote more integration with the national industry to strengthen the supply chain and increase the country’s competitiveness. So it is important for the cluster to make these types of approaches with potential supplier companies,” said Rodríguez.
According to figures from the DGII, free zone companies made purchases of goods and services from the local market during the past year in excess of RD $ 47,000 million.
During the tour, two Multiquímica plants company were visited: an emulsion polymerization plant and a resin or evaporative polymerization plant. Among those present were representatives of: ADOZONA, CNZFE, Edwards, Magnachem, Rowe, Baxter, Microport, TPP, PIISA and DominicanMultiquímica.
About the Medical Device Cluster
The cluster began in 2015 under the umbrella of the Dominican Association of Free Zones (ADOZONA) and the support of the CNZFE. It is made up of companies that manufacture medical devices and pharmaceutical products from the free zone sector in the Dominican Republic, as well as a set of companies and related state entities at the beginning of the year, the strategic plan and growth projections of this subsector were presented to the President of the Republic, Lic. Danilo Medina.
The Dominican Republic’s medical device sector has become the country’s main export activity. This free zone subsector exports US $ 1,500 million annually, representing 26% of total exports from free zones, generating around 23,000 direct jobs, with 31 companies in operation.
Multiquímica is a business conglomerate serving outstanding industrial raw materials. Since 1984 with products of highest quality, cutting-edge technology and a complete focus on the total satisfaction of our customers, Multiquímica is a leader in progress and innovation.
Multiquímica offers an extensive kind of products serving the paint and coatings, adhesives, plastics, water treatment, food, home cleaning and personal care industries. With plants and offices in 6 countries in America, it achieves the local and global presence of its product portfolio.