Cement News tagged under: Trinidad & Tobago

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Trinidad prices to come down

01 August 2012, Published under Cement News

Trinidad Cement Ltd announced that a temporary surcharge imposed on bagged cement has been removed and that cement prices are expected to go down in the coming weeks. Speaking to local press, Satnarine Bachew said a 42.5kg bag of cement had increased by US$13 as the company was forced to raise prices two weeks after workers began strike action on 27 February. "The additional charge was driven by the higher cost of satisfying the local cement demand due to extenuating circumstances crea...

TCL workers expected to return to work, Trinidad

29 May 2012, Published under Cement News

Trinidad Cement Ltd (TCL) are expected to return to work after 90 days of strike action, The Trinidad Guardian reports. President general of the Oilfields Workers’ Trade Union (OWTU) Ancel Roget, who addressed workers outside the plant yesterday, said under the Industrial Relations Act workers had to return to work because the legal 90-day strike period had ended. “If any worker is not allowed to return to work the union will view this as continuing industrial action by the company and...

TCL and Union impasse expected to head to court, Trinidad

28 May 2012, Published under Cement News

The industrial relations dispute between Trinidad Cement Ltd (TCL) and the Oilfields Workers’ Trade Union (OWTU) is expected to go to the Industrial Court for a resolution. T he 90-day strike notices served on TCL and subsidiary Trinidad Packaging on 27 February has now expired.  Speaking to the Trinidad Express, OWTU branch president Lawrence Renaud said both parties would have seven days to refer the matter to the court. "When the matter goes to the Industrial Court all industrial actio...

Concerns over price hikes, Trinidad & Tobago

11 May 2012, Published under Cement News

The Trinidad and Tobago Manufacturers' Association has expressed concern of a 19-21 per cent rise in prices. The situation is affecting the TTMA's members and severely hampering the construction industry, Trinidad Express Newspapers reported a spokesperson saying. In a May 2 circular to contractors, TCL announced price increases between 19 and almost 21 per cent on all types of cement, according to local industry players. "The TTMA is aware that the ongoing industrial action at Trin...