Our story began with the bold and visionary decision of mr. manuel diez méndez to turn the emerging plastics industry of the 50’s into a trend for massive use, thus creating a legacy that has transcended and steadily evolved to become what diesco is today: the conglomerate that has steadily grown and expanded the most in its field in the region.
Explore our timeline and find out more about diesco’s evolution throughout the years — its growth and the key moments that have forever changed the habits and trends of the markets with which we work.
If you want to embark on a journey throughout our trajectory of over 60 years in just a few minutes, we invite you to watch this video.
Manuel Diez Méndez (Don Manolo) circa 1959
Manuel diez méndez, “don manolo”, decides to create his own company in order to change the perspective on plastic use in the dominican republic, and creates industrias petroquimica dominicana, cxa
Polyplas Dominicana Offices - 1969
Polyplas Dominicana begins its operations and is established as a second company inside industria petroquímica, changing the world of plastic packaging and offering a wide portfolio of plastic products to improve the access to edible goods.
Extrusion foam sheets (Termopac)
Termopac Industrial is created. it is the last company created by don Manolo, introducing disposable goods in the Dominican Republic.
SOME PRODUCTS FROM POLYPLAS DOMINICANA IN THE 80S
Don Manolo and Manuel Diez Cabral circa 1989
Termopac becomes a pioneer by introducing foam packaging, creating new trends in the market and laying the ground for the development of home delivery services in the country.
Polyplas revolutionizes the use of drinking water by introducing plastic water jugs, replacing the ones made of glass and making this staple product cheaper and safer.
Don Manolo signs and agreement of succession for the five companies at industrias petroquímica with his two oldest sons. manuel diez cabral stays in charge of the ones specialized in packaging, polyplas, termopac, moldeo and comex — the two latest will then be merged with polyplas and termopac.
Manuel, thinking ahead, establishes the key strategy to expand polyplas and termopac: in three key words, consolidation, modernization and internalization
A strategic alliance is signed with Reid Plastics, the leading plastics company in the Caribbean and the United States, to manufacture and sell bottles and water jugs made of polycarbonate in the Caribbean.
Termopac introduces Clear Trays (Transparent Containers) for the first time in the Dominican Republic.
Sign agreement with Reid Plastics – 1996
Purchase of the first Nissei (PET bottle blower)
Polyplas again leads the way by introducing pet containers, which allow to bottle all kinds of beverages in materials that are much more effective, greener and healthier than the traditional containers made of glass and pvc.
Exportations keep growing exponentially as a strategic expansion of the market, by implementing a sagaz strategy in regional sales.
Polyplas internacional settles in puerto rico, and the distribution of polyplas dominicana products quickly grows in said island.
Polyplas becomes a leader in innovation, due to its constant introduction of new products: medicine bottles and water jug caps.
TRIP THROUGH THE CARIBBEAN (EXPORT MARKET) DEVELOPMENT)
Diesco is created as a group and corporative headquarter for the three existing companies: Polyplas Dominicana, Termopac Industrial and Polyplas Internacional, merging into one cohesive company.
Polyplas becomes a pioneer in the fabrication of Preformas Plásticas in the Dominican Republic.
Termopac is awarded by Adoexpo for being the “Industrial Exporter of the Year”.
Due to the success of the work in Puerto Rico, the company acquires PAC TECH INTERNATIONAL and a facility for the fabrication and sale of packaging products is created in Puerto Rico.
Termopac Industrial Award as "Exporting Industry of the Year"
An alliance is made with BARNA MANAGEMENT SCHOOL, the first business school in the Caribbean, with Manuel Diez Cabral as its founder and member of its Regent Council.
Diesco is awarded as the “Great Exporter of the Dominican Republic”.
ACQUISITION OF PAC TECH INTERNATIONAL, INC
2012Pac Tech acquires Cristalia Premium Water, a leading local brand in Puerto Rico.
2013A Consulting Council — BOARD — is created, made up of a group of world-class business leaders.
2017Diesco signs a financial agreement with Goldman Sachs, the first investment of this significance made by an international bank to a Dominican company. Diesco executives announcing to the President of the Dominican Republic the signing of Goldman Sachs’ first financial agreement with a Dominican business group. Watch the video
The Board (Consulting Council) is awarded by international magazines Private Company Diector and Family Business Magazine as “Private Directive Council of the Year 2017” in the category “Best Consulting Council”.
Pac Tech expands to new facilities of around 200,000 square meters, and earns a recognition as “Supplier of the Year” by Walmart in Puerto Rico.
Pac Tech becomes the #1 Bottler of Water in Puerto Rico.
Entry into the Colombian market through the acquisition of Ready to Drink (RTD), a company specialized in the production and marketing of beverages no alcohólicas.
READY TO DRINK (RTD), MEDELLIN, COLOMBIA
Recognition of Adoexpo to Diesco as a Resilient company 2020
Diesco is awarded by Adoexpo for being the “Resilient Exporter of 2020” amidst the COVID-19 pandemic.
Pac Tech is recognized for the third time as “Supplier of the Year” by Walmart in Puerto Rico.