Changes to Arawak Cement Co's executive board, Barbados
Rupert Greene has resigned from his position as general manager of Arawak Cement Co Ltd (ACCL), effective 31 December 2015. ACCL, a wholly-owned subsidiary of the Trinidad Cemen...
Caribbbean
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Cemex Latin American Holdings burdened by weaker Colombian markets
Cemex Latin American Holdings' turnover for the first nine months of the year declined by 16.8 per cent to US$1,102.1m and the EBITDA came down by 21.8 per cent to US$346.3m. Th...
TCL signs loan agreements with international banks
Trinidad Cement Ltd (TCL) has made an announcement on its settlement of loan deals worth US$200m with international banking giants.
Caribbean Cement Co swings to first-half profit, Jamaica
Caribbean Cement Co Ltd (CCCL) reported a consolidated profit of JMD869.3m (US$7.42m) for the first six months of 2015, compared to a loss of JMD53.2m in the corresponding perio...
Cemex Dominicana increases packing and palletising capacity
Cemex Dominicana recently announced a US$6m investment to increase the packing and palletizing capacity of its cement plant at San Pedro de Macoris (east). It said the investmen...
Cementos Argos’ net profit surges 59%
Colombia’s leading cement producer, Cementos Argos, said net profit jumped 58.8 per cent YoY in 2014, closing the year with record figures.
Dominican Republic sales up 18% YoY
The Dominican Republic market expanded by 18 per cent in 2014, surpassing the 16 per cent achieved the year before despite significant over capacity prevailing.
Dominican Republic full-year sales seen rising 18% YoY
Cement sales in the Dominican Republic are forecast to see a double digit rise in 2014 to 3.6Mt, local association ADOCEM said on Friday. "Compared with the 3Mt consumed in 2013...
S&P's downgrades Trinidad Cement Ltd
Standard & Poor's Ratings Services lowered its corporate credit rating on Trinidad Cement Ltd Group (TCL) to 'D' from 'B'. The downgrade reflects TCL's missed debt service payme...
Dominican Republic sees 16% rise in cement demand
The Dominican Republic sold around 2.9Mta of cement in 2013, cement association Adocem has said. Compared with 2012 sales, this performance heralds a break with the declining tr...