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Caribbean Cement sees 58% rise in 3Q net income

Caribbean Cement sees 58% rise in 3Q net income

Jamaica’s Caribbean Cement Co , part of the TCL Group , reported revenues of JMD7bn (US$45.4m) in the third quarter of 2023, up 13.4 per cent YoY from JMD6.2bn. Operating earnin...

Domicem commissions new kiln, doubles capacity 

Domicem commissions new kiln, doubles capacity 

Domicem , a subsidiary of Colacem SpA (Italy), commissioned a new kiln line at Sabana Grande de Palenque , San Cristóbal province, in the Dominican Republic, on 13 October 2023....

Argos reports a 26% EBITDA growth in 1H23

Argos reports a 26% EBITDA growth in 1H23

Argos (Group Argos) had a solid operating period in the 1H23 recording an EBITDA of US$278m, an increase of 26 per cent and a sales rise of eight per cent or US$1.5bn. During th...

Argos reports record 1Q23 operating EBITDA

Argos reports record 1Q23 operating EBITDA

Argos recorded an operating EBITDA of US$127m in the 1Q23, the highest achieved in a first quarter in its history and 41.3 per cent higher than in the 1Q22. Regarding consolidat...

TCL raises cement price

TCL raises cement price

Trinidad Cement Ltd (TCL), part of CEMEX, will increase its cement prices by 20 March 2023. TCL TTD43.65 (US$6.44)/42.5kg bag and by eight per cent for Premium Plus to TTD47.83/...

Caribbean Cement Co explains cement shortage

Caribbean Cement Co explains cement shortage

Caribbean Cement Co is apologising cement shortages in Jamaica. Hardware stores in Mandeville and Christiana in Manchester and Santa Cruz in St Elizabeth had no or limited cemen...