Cement News tagged under: Caribbean

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Argos reaches 25 years of operation in the Dominican Republic

25 June 2021, Published under Cement News

Argos is celebrating 25 years of operation in the Dominican Republic. "Throughout this time, the company has had the chance to contribute to positively transforming the lives of millions of people by being an ally of its clients in the construction of housing, infrastructure and commerce works, creating quality employment, hiring local labour and executing projects for the benefit of the communities and taking part in multiple alliances with different institutions", the company said in a ...

Bruks Siwertell wins first Caribbean ship loader order

24 June 2021, Published under Cement News

Bruks Siwertell has won a new contract to deliver a Siwertell screw-type ship loader for the totally enclosed, dust-free handling of cement and clinker. It will serve a new cement plant being built in the Caribbean and will provide a unique solution for a complex set of dry bulk material handling requirements.   The type-1B ship loader will deliver cement and clinker handling at a continuous rated capacity of 600tph, with a peak loading rate of 750tph, for vessels up to 20,000dwt. It w...

Caribbean Cement looks to capitalise on growing demand

26 March 2021, Published under Cement News

Jamaica’s Caribbean Cement Co is looking to maximise its production capacity as it prepares to satisfy the increase in domestic demand, according to the Jamaica Observer. "Our current capacity is increasing every year — last year we were able to produce close to 1Mt of cement and this year we are going to exceed that as our plant has a capacity of 1.4Mta," said Yago Castro, general manager. He also noted that preparations were being made to capitalise on an additional 25-30 per cent of pr...

Cemex Dominicana plans to recommission kiln line

09 March 2021, Published under Cement News

Cemex announced that it expected to recommission one of its product lines at the San Pedro de Macoris plant in the Dominican Republic. This would imply an increase of 33 per cent in the company’s cement supply in the country and would help serve the growth in the Caribbean construction sector. By reactivating the Line No 1 at the San Pedro de Macoris plant, Cemex will add more than 500,000tpa of cement. The restart is scheduled for 1Q21 and is part of the Cemex Dominicana growth plant to ...

Caribbean Cement reports 13% increase in revenue

03 March 2021, Published under Cement News

Jamaica's Caribbean Cement Co has reported a 13 per cent YoY increase in revenue to JMD20.1bn (US$132.94m) in 2020. The rise in revenue has been attributed to stronger domestic demand. The company also saw earnings before taxation of JMD4.4bn, up JMD2.7bn on that achieved in 2019. "We continue to operate in an environment of significant uncertainty. Our strategy will focus to effectively manage the variables under our control, providing to our customers an excellent service and high-qualit...

Record production at Caribbean Cement in 2020

11 January 2021, Published under Cement News

Caribbean Cement Company (TCL/Cemex group) says it reached a new record in 2020 by manufacturing more than 940,000t of cement in response to market demand in Jamaica.  "The market responded opposite to what might have been expected given the pandemic. Instead of slowing down, construction grew, and we kept in step with our customers by meeting their demand consistently. We will continue to ramp up production as the market grows," said Yago Castro, general manager of Caribbean Cement Ltd ...

Rock Hard Cement to temporarily close operations

04 January 2021, Published under Cement News

Rock Hard Cement, a Trinidad-based cement importer, is expected to close its operations for one month from Monday. The company has attributed the closure to the Ministry of Trade and Industry’s new policy which went into effect on 1 January. The policy introduced a quota, import licensing regime and registration system for grey and other types of hydraulic cement. The system is expected to last for a three-year period and implement a maximum quota of 75,000t of imports for all contractors...

Caribbean Cement agrees three-year labour agreement

14 December 2020, Published under Cement News

The Union of Clerical Administrative and Supervisory Employees (UCASE) and the management of Caribbean Cement Co Ltd have reached agreement on a three-year collective labour agreement, covering the company’s unionised production workers at its Rockfort cement plant in Kingston, Jamaica. The agreement was reached following several meetings between the company and the union at the local level and covers the period 1 July 2018 to 30 June 2021. The deal will provide an 18 per cent increase...

Cementos Argos' EBITDA grows 10% in 3Q20

13 November 2020, Published under Cement News

Argos (Grupo Argos) delivered satisfactory results during the third quarter, amid the COVID-19 pandemic. The company reported an improvement in EBITDA despite the impact on volumes mainly caused by hurricanes and heavy rains in the USA.  During the period, consolidated shipments of cement and concrete registered a decrease of 8.4 per cent and 19.5 per cent, respectively, and of 12.7 per cent and 16.5 per cent compared to 3Q19. This decline was offset thanks to the successful execution of ...

Trinidad Cement appoints new CEO

10 November 2020, Published under Cement News

Trinidad Cement Ltd (TCL) has appointed Francisco Aguilera Mendoza as its new CEO, effective from 1 December 2020. Mr Mendoza, who was appointed to the board in 2014, currently serves as deputy chairman and will also continue in that role. The new CEO is also the vice president of Trading Americas and Group Shipping for Cemex and is thereby responsible for the trading of cement and clinker in the Americas, including in the Caribbean. Seijo Gonzalez, CEO of TCL since May 2015, is expect...