Cemex Dominicana plans to recommission kiln line
Cemex announced that it expected to recommission one of its product lines at the San Pedro de Macoris plant in the Dominican Republic. This would imply an increase of 33 per cen...
Caribbean
137 posts · Page 7 of 14
Caribbean Cement reports 13% increase in revenue
Jamaica's Caribbean Cement Co has reported a 13 per cent YoY increase in revenue to JMD20.1bn (US$132.94m) in 2020. The rise in revenue has been attributed to stronger domestic ...
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...
Rock Hard Cement to temporarily close operations
Rock Hard Cement, a Trinidad-based cement importer, is expected to close its operations for one month from Monday. The company has attributed the closure to the Ministry of Trad...
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...
Cementos Argos' EBITDA grows 10% in 3Q20
Argos (Grupo Argos) delivered satisfactory results during the third quarter, amid the COVID-19 pandemic. The company reported an improvement in EBITDA despite the impact on volu...
Trinidad Cement appoints new CEO
Trinidad Cement Ltd (TCL) has appointed Francisco Aguilera Mendoza as its new CEO, effective from 1 December 2020. Mr Mendoza, who was appointed to the board in 2014, currently ...
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...
Argos achieves revenues of COP2.1trn in 2Q20
From April to June 2020, Argos, part of Grupo Argos, reported revenues of COP2.1trn (US$553.5m), which represents a contraction of 9.1 per cent compared to the same quarter of l...
Cemex sales decline by 10% in 2Q20
Cemex reported significant disruption from COVID-19 in 2Q20. Sales declined by 10 per cent YoY and EBITDA fell by six per cent to US$554m. These decreases were attributed to loc...