Caribbean Cement looks to capitalise on growing demand
Jamaica’s Caribbean Cement Co is looking to maximise its production capacity as it prepares to satisfy the increase in domestic demand, according to the Jamaica Observer. "Our c...
Jamaica
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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 ...
Cargo Handlers acquires 30% stake in Jamaican cement importer
Cargo Handlers Ltd has acquired a 30 per cent stake in Buying House Cement Ltd, a cement importer based in Montego Bay that mostly supplies western Jamaica. Dominican Republic-b...
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...
Suppliers report cement shortage in Jamaica
Cement retailers in Manchester and St Elizabeth, Jamaica, are reportedly struggling to meet demand after a sharp dip in supply, according to the Jamaica Observer. As a result, s...
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 sees 2% increase in revenue
Jamaica’s Caribbean Cement has seen a two per cent YoY increase in revenue to JMD4.8bn (US$32.62m) for the second quarter of 2020. Earnings before tax climbed 55 per cent to JMD...
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 ...
Caribbean Cement reports 2% revenue increase
Jamaica-based Caribbean Cement reported a modest two per cent YoY improvement in revenue to JMD4.54bn (US$33.49m) for the first quarter of 2020. However, overall consolidated ne...
Caribbean Cement Co inaugurates new packing equipment
Jamaica's Caribbean Cement Co has inaugurated a new palletising machine at its Rockfort plant to reduce manual packing. The FLSmidth Ventomatic Polimat palletiser is one of two ...