Caribbean Cement, a subsidiary of Cemex, is expected to spend over $51 million this year to complete a kiln expansion at its Rockfort, Kingston, Jamaica plant, and to start new projects, reported The Jamaica Gleaner.
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Caribbean Cement Co. announced the appointment of Jorge Alejandro Martinez Mora as managing director, effective Dec.1. Martinez Mora succeeds Yago Castro Izaguirre, who will be moving to another position within parent company Cemex.
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CEMEX announced a plan to expand the production capacity by 30% at its subsidiary Caribbean Cement Co.’s Rockfort, Jamaica, plant.
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Caribbean Cement Co. Ltd. donated $1.5 million to support Jamaica’s Private Sector Vaccine Initiative, which mobilizes collective resources to increase the rate of COVID-19 vaccinations in the country.
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As part of CEMEX’s growth strategy, the company plans to upgrade and increase the capacity of subsidiary Caribbean Cement Company Ltd.’s plant in Rockfort, Jamaica, by 30%. The current estimate of the investment is approximately $30 million.
Read MoreCaribbean Cement Co. has signed a new retroactive three-year collective labor agreement with the Union of Clerical Administrative and Supervisory Employees (UCASE) for the company’s unionized workers at its Rockfort Plant in Kingston, Jamaica, reported the Jamaica Observer.
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