Rock Hard Cement closes operations in Trinidad
Rock Hard Cement has now closed its business in Trinidad and Tobago and is expected to look for opportunities elsewhere in the Caribbean. In a social media post, the company not...
Caribbbean
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Climbing regional cement shipments for Argos in the 1H21
Argos announced its 1H21 results this week with regional cement shipments climbing in the USA and in the Caribbean and Latin America. In the USA cement volumes saw a solid incre...
Argos opts for Klaveness Digital's CargoValue shipping platform
Argos has signed on with Klaveness Digital to roll out shipping and logistics platform 'CargoValue' throughout the supply chain. Following a successful pilot project during the ...
Cemex to expand capacity at its Rockfort plant by 30%
Cemex plans to upgrade and increase the production capacity by 30 per cent of its Rockfort cement plant in Jamaica. This planned increase would strengthen the self-sufficiency o...
Cayman Islands expands import list to counter cement shortage
The Cayman Islands has added three countries to its list of approved cement providers to help ease shortages currently being experienced by the domestic construction industry. T...
Caribbean Cement signs MoU for tyre usage
The Jamaican government has signed a Memorandum of Understanding with Caribbean Cement Co for the usage of end-of-life pneumatic tyres. The company will take used tyres from lan...
Caribbean Cement sees sales rise 31%
Jamaica’s Caribbean Cement Ltd has posted a 31 per cent YoY increase in sales to JMD5.97bn (US$40.15m) for the first quarter of 2021. Net profit also surged 216 per cent to JMD1...
Construction sector reports Jamaican cement shortage
Members of the construction industry in Jamaica are reporting a cement supply shortage, as the country reaches its peak demand season. According to the Jamaica Observer, a hardw...
Argos sees high 1Q21 cement volumes in Colombia and Central America
In the 1Q21 Argos recorded consolidated income of US$651.6m and EBITDA was US$125.1m. This was thanks to better dynamics in all markets and a lower comparison base in Colombia, ...
Cementos Argos' 4Q20 regional results
Following yesterday’s financial results , Colombia’s Cementos Argos has also reported its regional breakdown for the final quarter and full year of 2020. USA region The company’...