KINGSTON, JAMAICA, OCTOBER 17, 2022: CEMEX TCL Group’s Jamaican subsidiary, Caribbean Cement Company Limited (CCCL) will spend USD$40million to increase its cement capacity by up to 30 per cent in the coming months.

The announcement was made by CEMEX Chief Executive Officer (CEO), Fernando A. Gonzalez at a ceremony to break ground for the project during his recent visit to Jamaica. Also in attendance were the Prime Minister of Jamaica, the Most Hon. Andrew Holness and relevant members of his cabinet, along with key company officials including TCL Group Chairman, David Inglefield, Group Managing Director, Francisco Aguilera, and Parris A. Lyew-Ayee and Yago Castro, Chairman and Managing Director respectively of CCCL. 

At the time of the announcement, Mr. Gonzalez informed that the company was in the final stages of the engineering phase and would be obtaining permits from local authorities to begin construction.

“Very soon we will begin to procure equipment needed for this initial phase of the project that will not only expand our capacity, but also allow us to optimize our heat consumption in the manufacturing process and therefore reduce the carbon footprint of our facility in Jamaica,” he said.

This increase in capacity is expected to be completed by the second half of 2024 and will strengthen the self-sufficiency of the national cement industry, while setting the basis to export in the region, reinforcing the CEMEX TCL Group’s ability to serve the growing construction sector in Jamaica and the rest of the Caribbean.

Managing Director of the CEMEX TCL Group, Francisco Aguilera, noted that this expansion represents the commitment of the company to satisfy the needs of its customers and to contribute to the robust growth of the Caribbean.

“Carib Cement has been an integral part of Caribbean growth and development for the past 70 years and has been playing its role in ensuring that the vital construction sector continues to be supported in Jamaica. This investment in Jamaica is also a true testament of the CEMEX TCL Group’s commitment to the region,” he informed.  

TCL Group Chairman, David Inglefield said that the company will continue to invest in its operations across the Caribbean to build a better future for the people of the region.

“We will continue to invest significantly in key areas to improve plant efficiency, ensuring competitiveness and reliability of cement supply to our entire region, as well as the achievement of best practices in environmental, social, and ethical principles. We will also invest in our people, our most important asset, with safety and product quality being priorities for us,” he said. With this project, the CEMEX TCL Group confirms its commitment to continue to invest and contribute to building a stronger Caribbean, betting on the growth opportunities of the region’s construction sector, consistently developing relevant projects to ensure a better future, one more resilient and sustainable.