Cement News tagged under: Jamaica

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Jamaica Labour Ministry intervenes in Carib Cement unrest

30 May 2017, Published under Cement News

Jamaica's Ministry of Labour has intervened following industrial action by workers at Caribbean Cement Company over the company's wage offer, local media report. Ministry officials entered a meeting with union representatives after workers at the company’s Rockfort plant protested on Friday morning. Workers believe that the offer of a three per cent increase in year one and four per cent increase in the second year is too low and are calling for a rise of no less than seven per cent. G...

Caribbean Cement donates bags of cement for flood victims

26 May 2017, Published under Cement News

Caribbean Cement has donated 3000 bags of cement bearing market value of JMD3.2m (US$ 24,598) to Jamaica's Office of the Disaster Preparedness and Emergency Management (ODPEM) on Tuesday for the assistance of flood victims. The ODPEM will have responsibility in the distribution of the cement. Sophia Lowe-Pinnock, corporate communication and public relations manager at Carib Cement, told The Gleaner that the decision to donate the item arrived out of a previous meeting with Prime Ministe...

Trinidad Cement revenues down 12%

04 May 2017, Published under Cement News

Trinidad Cement Ltd (TCL) said its revenue for the first three months of the year was down by 12 per cent YoY to TTD422m (US$62.5m) due to a construction slowdown in one of its major markets and tougher regional competition. Group volumes in 1Q17 were down six per cent YoY which the company said reflected a slowdown in Trinidad and Tobago construction activity, compounded by increased competition in the Caribbean region. However, TCL noted that positive trends continued in the Jamaican m...

Carib Cement implements temporary measures to address Jamaica cement shortage

11 April 2017, Published under Cement News

Carib Cement, Jamaica’s sole cement producer, has said it is implementing a number of measures to overcome a domestic cement shortage after mechanical problems in the packaging area caused operations to be disrupted. The cement producer has confirmed reports that had reached The Sunday Gleaner (Jamaica) of a shortage of cement on the Caribbean island. The daily newspaper had been informed by local hardware merchants and dealers that they have been unable to meet demand because of a lack of...

Jamaica: CCC joins greenhouse initiative

31 January 2017, Published under Cement News

State Minister of the Ministry of National Security, Pearnel Charles Jr, has praised the Caribbean Cement Company (CCC) for partnering with the Department of Corrections (DCS) to establish a greenhouse project at the Tamarind Farm Adult Correctional Centre. "The use of greenhouse technology at Tamarind Farm is a significant milestone in our efforts to enhance rehabilitation through skills training, and advance the production of quality crops," said Mr Charles.

Jamaica: Caribbean Cement Co fire

18 January 2017, Published under Cement News

Caribbean Cement Company (CCC) reported a fire at its administrative office on Monday, 16 January 2017. “The incident did not affect production and will not affect our ability to supply cement to the trade and our valued customers. Our customers’ trucks continue to be loaded and the incident has not disrupted supply,” a statement from the Rockfort, Kingston, company said.

Trinidad Cement directors recommend rejection of Cemex bid

04 January 2017, Published under Cement News

The board of directors of Trinidad Cement Ltd (TCL) has written to shareholders advising them to reject Cemex's TTD597m (US$89m) offer for a controlling interest in the company, the Jamaica Observer reports. “The company (TCL) has experienced a turnaround after multiple past efforts to do so. The evidence of the turnaround is supported by the company’s return to sustainable profitability in 2015 and continuing to produce positive net income throughout 2016,” said the directors in their le...

Jamaica: Caribbean Cement new GM and quarterly results

07 November 2016, Published under Cement News

Peter Donkersloot Ponce will replace Alejandro Vares Leal as Caribbean Cement Company’s (CCC) general manager, effective 7 November 2016. Mr Leal is leaving the company to accept the position of vice president of infrastructure and government sales at Cemex Mexico. Cemex is the top shareholder in CCC’s parent company, Trinidad Cement Ltd. Mr Ponce has over 10 years’ experience in the industry, having held key positions in four countries in commercial areas, strategic planning and general ...

Caribbean Cement posts Q3 loss of US$0.63m

04 November 2016, Published under Cement News

Jamaica-based Caribbean Cement Company has posted a third-quarter loss of JMD81m (US$0.63m), reports the Gleaner newspaper. In a statement, the firm said: "During the reporting quarter, the company embarked on a major kiln overhaul which lasted 45 days and impacted the income statement by US$7.5m (JMD970m). Along with the capital expenditure of JMD622m invested this quarter, this is expected to lead to an improved operational efficiency and reliability of the plant. “"Other factors imp...

Caribbean Cement orders reclaimer

30 August 2016, Published under Cement News

Caribbean Cement has ordered a new 700tph full-portal reclaimer for limestone with a railspan of 42m for its Rockfort plant in Jamaica. The order follows a long-standing project, which was initially considering the conversion of existing equipment. However, the purchase of a new machine proved to be more economical than carrying out several modifications to the existing equipment.