Trinidad Cement gives Guyana supply commitment

Trinidad Cement gives Guyana supply commitment
Published: 02 May 2006

The Trinidad Cement Ltd (TCL) says it is committed to being a responsible supplier in Guyana, stating in a press release issued on Thursday that the present shortage is a local, regional and global problem. "It is important, therefore, that traditional relationships be maintained and supported. In times of high demand and short supply the market will need the confidence and support of a reliable and committed supplier," TCL said.

A US$9m bagging plant is being built at the Guyana National Industrial Corporation and is to be commissioned near July. "It is also an indication of TCL’s desire to build on the traditional and proven relationships necessary for the long-term economic development of Guyana," the release said. Previously, it was said that the plant would have been finished over a year ago. It is expected to ease the cement shortage.

Recently in Trinidad and Tobago there were calls for price controls on cement and other building items due to the increasing prices and for importation of these items, since TCL was not able to supply the large demand.