Despite a slight reduction in cement volumes during the first half of the year, Caribbean Cement Company Limited (CCC) is looking to grow its export business with its additional spare capacity.

This was revealed by Managing Director Yago Castro at the company’s virtual annual general meeting (AGM) last Friday. He noted that while volumes were down two to three per cent year-to-date, the company would have had its annual shutdown in January relative to the September/October timelines that would have impacted comparative numbers. CCC produced 957,204 tonnes of cement in 2022 which was two per cent lower than the record 979,297 tonnes produced in 2021. CCC exported $41.96 million worth of cement in 2022 and sold 960 tonnes in 2021 to the export markets.

“We are more than capable to fully supply all the needs of Jamaica today. We’re starting to target other export markets to allocate the spare capacity. We’ll be doing our first exportation of cement to some Caribbean island and that will happen as soon as the 15th of September. That’s a real game-changer and

 

https://www.jamaicaobserver.com/business/caribbean-cement-looks-to-exports-as-local-market-sends-mixed-signals/