Rain sends Caribbean Cement profits down
Caribbean Cement Co’s 3Q profit was affected by heavy rains at the end of summer and a large tax charge, according to the cement producer. In addition, higher operational expens...
Jamaica
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Caribbean Cement Co exports clinker to Haiti for the first time
Jamaica’s Caribbean Cement Co has exported clinker to Haiti for the first time, according to the Jamaica Observer. The 7500t shipment became possible due to excess production at...
DR’s roadmap to the future Premium
Supported by sustained economic development, the construction sector of the Dominican Republic has provided a solid base for growth for the country’s cement industry. With an 8M...
Caribbean Cement to dispose of over 2m tyres
Jamaica’s Caribbean Cement has been selected by the country’s government to remove and dispose of over 2m old tyres stockpiled at the Riverton City disposal site in Kingston, ac...
Caribbean Cement reports 237% increase in net profit
Jamaica’s Caribbean Cement Co Ltd has announced a two per cent YoY revenue increase to JMD4.45bn (US$33.35m) for the first quarter of 2019. However, its net profit surged 237 pe...
Caribbean Cement secures loan to pay US$ debt
Jamaica's Caribbean Cement Co Ltd and its mining subsidiary have secured a five-year JMD3bn (US$23.53m) loan from National Commercial Bank Jamaica to pay back a US dollar debt. ...
Carribbean Cement 9M revenues up 8%, net profit down 28%
Caribbean Cement Co Ltd reported revenues of JMD13.239bn (US$98.4m) in 9M18, up 7.9 per cent from JMD12.265bn in the year-ago period. EBITDA rose 58.8 per cent from JMD2.429bn i...
New cement plant for Jamaica?
Haiti-based Gilbert Bigio Group (GB) reportedly plans to build a cement plant in Jamaica to consolidate its footprint in the country, according to CPI Financial. At present it i...
Caribbean Cement receives approval for quarry projects
Jamaica’s Caribbean Cement Co Ltd has received approval from the National Environment and Planning Agency (NEPA) to develop a new limestone quarry and extend its existing gypsum...
Caribbean Cement plans to restart exports next year
Jamaica's Caribbean Cement Co Ltd aims to restart exports next year following the completion of its expansion, according to the Jamaica Gleaner. The company stopped exports last...