Proteak

18.01.17, Lesprom Network

Proteak obtains $65 million credit facility

Proteak Uno, S.A.B. de C.V. announced that the International Finance Corporation (IFC) and the Promotion and Participation Agency for Economic Cooperation (PROPARCO) granted a multilateral credit facility for $65 million, an unprecedented event in Me... Read All

09.12.16, Lesprom Network

Proteak reports 3Q sales of MXN 161 million ($7.9 million)

Proteak's 3Q 2016 sales reached a total of MxP 161 million ($7.9 million), 2.3x higher than those registered during the 3Q 2015. The increase is a result in growth of MDF Tecnotabla boards that reached MxP 135 million ($6.6 million), 1.8x higher than... Read All

06.12.16, Lesprom Network

Proteak signed MXN 100 million ($4.9 million) loan with Banco Multiva

 Proteak Uno, SAB de CV, a leading Mexican company in the international forestry sector, signed a MXN 100 million ($4.9 million) loan with Banco Multiva through its subsidiary ProMDF SAPI de CV. The resources from the contracted loan will ... Read All

08.02.16, Lesprom Network

Proteak announces the startup of its MDF plant in Huimanguillo, Mexico

 Proteak announces the operations’ startup of its MDF plant in Huimanguillo, Tabasco, under the brand Tecnotabla, Mexico.With state-of-the-art technology, this plant is the first of its kind in Mexico and will use certified wood from the company... Read All

02.06.15, Lesprom Network

FINSA acquired 5.2% of Proteak

Financiera Maderera, S.A. (FINSA) acquired a 5.2% participation of Proteak, as the company said in the press release received by Lesprom Network. FINSA is the largest producer and wholesaler of boards, resins, melamines and veneers, among ... Read All

15.05.15, Lesprom Network

Proteak’s MDF plant will start up in the second half of this year

Proteak announced that its industrial MDF board and forest project continues to move forward in a timely manner. The MDF plant’s main building in Huimanguillo is 95% completed and the turnkey supplier Dieffenbacher has already begun installin... Read All

20.04.15, Lesprom Network

Proteak announces capital increase

Proteak informs, that an Extraordinary Shareholders’ Meeting declared a capital increase through the emission of 25 million Ordinary Participation Certificates (OPCs or CPOs in Spanish), at a price of 15 pesos per OPC.  Funds will be ... Read All

20.04.15, Lesprom Network

Santiago “Tito” García Valiño joins to Proteak’s Board of Directors

The Shareholders’ Assembly approved the nomination of Santiago "Tito" García Valiño to become the 11th member of Proteak’s Board of Directors, as the company said in the press release received by Lesprom Network. With almost 20 years exper... Read All

25.03.15, Lesprom Network

Proteak receives a MXP 200.4 million ($13.4 million) loan

Proteak has received approval for a MXP 200.4 million ($13.4 million) credit line from Financiera Nacional de Desarrollo Agropecuario, Rural, Forestal y Pesquero, as the company said in the press release received by Lesprom Network. These ... Read All

25.11.14, Lesprom Network

Arrowhead increases target price for Proteak OPC's

Proteak Uno, makes the new independent valuation performed by Arrowhead, Business and Investment Solutions available to the general public, as the company said in the press release received by Lesprom Network. Thanks to the positive resu... Read All

21.11.14, Lesprom Network

Proteak announced the arrival of the first machinery shipment for its MDF plant in Huimanguillo, Mexico

Proteak announces the arrival of the first machinery shipment for its MDF plant which under construction in Huimanguillo, Tabasco, Mexico. The vessel docked at the port of Veracruz and, given the oversize of this kind of high-tech machinery, it a... Read All

21.10.14, Lesprom Network

Proteak received second tranche of IFC loan

Proteak Uno, S.A.B. de C.V. received a second disbursement under the $10 million credit line signed with the International Finance Corporation (IFC) in July 2012. Funds will be used for the continued expansion of Proteak’s forestry operations in ... Read All

21.10.14, Lesprom Network

Proteak signed $10 million investment agreement with Finnfund

Proteak Uno, S.A.B. de C.V. signed a $10 million investment agreement with Finnish Fund of Industrial Cooperation Ltd. (Finnfund). The entire investment will be made directly to Proteak’s MDF project, the largest forestry-industrial project in Me... Read All

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