Trinidad cement prices to rise in February
Cement bag prices in Trinidad are set to increase by seven per cent from 17 February – almost a year to the day since it was last increased. The increase in the price of bulk ce...
Caribbean
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Cementos Progreso Holdings takes over Cemex's Dominican Republic and Haiti operations
As of today, the consortium led by Cementos Progreso Holdings takes control of Cemex 's operations in the Dominican Republic and its client portfolio in Haiti, after having succ...
Hurricane Beryl impacts Caribbean Cement 3Q profit
Caribbean Cement Co reported an 11.2 per cent YoY drop in sales to JMD6.2bn (US$39.2m) as Hurricane Beryl hit the company’s sales in the July-September 2024 period. Operating pr...
Jamaica’s cement shortage ends
Jamaica’s cement shortage has ended. According to the minister for Investment and Commerce in Jamaica, Senator Aubyn Hill, the Caribbean Cement Co Ltd (CCCL) has assured him tha...
Argos provide cement for Disney pier construction
Argos has played a crucial role in constructing Disney's new civil works at Lighthouse Point on Eleuthera Island, Bahamas. With an approximate investment of US$250m, this projec...
Cemex exits Dominican Republic market
Cemex has signed a US$950m agreement for the sale of its operations in the Dominican Republic. The transaction includes an export businesses to Haiti. The agreement has been sig...
Trinidad Cement changes two executive managers
Trinidad Cement Ltd has announced two changes to its executive management team. The Cemex subsidiary's General Manager, Guillermo Rojo de Diego, will be replaced by Cemex Commer...
Trinidad Cement post-tax profit soars in 2023
Trinidad Cement Ltd (TCL) saw revenue increase by 8.2 per cent YoY to TTD2.229bn (US$328.8m) from TTD2.061bn in 2022. EBITDA slipped by one per cent YoY to TTD514m, of which 85 ...
Caribbean Cement's expansion underway
Phase one of Caribbean Cement Co Ltd ’s (CCCL’s) expansion project is well underway in Jamaica. It is anticipated that when the Rockfort plant 's expansion is completed, Caribbe...
Argos records EBITDA of COP742bn in the 3Q23
Argos reported that for the 3Q23 adjusted EBITDA stood at COP742bn (US$180.35m), increasing 25.4 per cent on a comparable basis versus 3Q22. The company's revenue in the 3Q23 sl...