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Ingenio San Carlos

Sector: Water Supply and Storage • Location: Ecuador

Source: Inter-American Development Bank (IADB)

Project
Repaid

Sociedad Agrícola e Industrial San Carlos S.A. (Ingenio San Carlos), founded in 1937, has a long track record as an integrated producer of sugar, cogenerated power, and alcohol. Over the past three years it has produced, on average, 31% of Ecuador’s total sugar output, and it has a one-third share, approximately, of Ecuador’s sugar market.On July 20, 2010, the Ministry of the Environment tapped In

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The project “Ingenio San Carlos” is an infrastructure initiative in the Water Supply and Storage sector, located in Ecuador. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Description

Description

Sociedad Agrícola e Industrial San Carlos S.A. (Ingenio San Carlos), founded in 1937, has a long track record as an integrated producer of sugar, cogenerated power, and alcohol. Over the past three years it has produced, on average, 31% of Ecuador’s total sugar output, and it has a one-third share, approximately, of Ecuador’s sugar market.On July 20, 2010, the Ministry of the Environment tapped Ingenio San Carlos for the Ecuadorian environmental recognition award for 2010 (the first in the country’s history) in view of the company’s cleaner production program. This program refers to Ingenio San Carlos’ project for cogenerating electricity from biomass (bagasse) that enables the company to sell surplus power to the national grid.The purpose of this IIC operation is to enable Ingenio San Carlos to finance a part of its investments in fixed assets for 2010, mainly in irrigation systems, equipment, and plant maintenance.

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High

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100%

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