Caribbean Cement sees revenue advance in 1H23
Caribbean Cement Co Ltd has reported consolidated unaudited revenue of JMD14,277m (US$92.48m) in the first half of 2023. This compares to JMD13,516m in the same period a year ea...
Caribbean Cement Company
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Buying House Cement could fill Jamaican cement shortages
Jamaica's Government is being asked to consider alternative cement suppliers to Caribbean Cement (Cemex group) becaue of recent shortages on the island, which CemNet first repor...
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...
Record production at Caribbean Cement in 2020
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 marke...
Caribbean Cement agrees three-year labour agreement
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 agr...
Caribbean Cement sees sales increase 11% in 9M20
Jamaica’s Caribbean Cement has seen its sales rise 11.1 per cent YoY to JMD15bn (US$102.8m) in the 9M20, compared to JMD13.5bn in the year-ago period. The company’s gross profit...
Caribbean Cement may resume exports soon
Jamaica-based Caribbean Cement Co Ltd is awaiting the right conditions to resume cement exports. The Rockfort plant has excess capacity, despite sustained local demand for cemen...
Caribbean Cement forecasts 10-20% sales decline in 2020
Jamaica-based Caribbean Cement expects its annual sales to drop 10-20 per cent this year, due to the effects of the COVID-19 pandemic. "The forecast we are seeing is a 10 to 20 ...
Tyre burning project for Caribbean Cement put on hold
The coronavirus pandemic has halted a key project for Caribbean Cement Co to remove and incinerate between 1.5-2m tyres from the Riverton City landfill. A memorandum of understa...