Caribbean Cement to launch Vertua-certified cement
Cemex -owned Caribbean Cement Co will be launching its newly co-branded Vertua-certified cement to support the reduction in carbon emissions by 40 per cent by 2030. “Vertua is a...
Jamaica
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Caribbean Cement to pay 2% royalty fees to Cemex
Following shareholder approval Caribbean CementCo Ltd will pay two per cent royalties to its parent company Cemex from January 2022. The agreed fee is equivalent to two per cent...
Caribbean Cement Co provides solution for Riverton waste tyres
More than 2m used tyres will be removed from the Riverton City disposal site in St Andrew, Jamaica, as part of a 10-year project, which is expected to be expanded to other refus...
WT to import 50,000t of cement into Jamaica
Jamaica’s Ministry of Industry, Investment and Commerce has granted an import licence to WT Ltd, which trades under the name of Growth Tech Special Projects. The licence enables...
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...
Cemex to expand capacity at its Rockfort plant by 30%
Cemex plans to upgrade and increase the production capacity by 30 per cent of its Rockfort cement plant in Jamaica. This planned increase would strengthen the self-sufficiency o...
Caribbean Cement triples 1H profit
Caribbean Cement’s profit for the first half of 2021 has tripled to JMD3bn (US$19.3m) from JMD1bn in the 1H20, on the back of stronger domestic demand. The company’s revenues in...
Caribbean Cement signs MoU for tyre usage
The Jamaican government has signed a Memorandum of Understanding with Caribbean Cement Co for the usage of end-of-life pneumatic tyres. The company will take used tyres from lan...
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...