Caribbean Cement Company Limited (Carib Cement) is crediting the $20 billion in revenues recorded last year, with its capacity to supply the increased demand in the
Caribbean Cement important to Jamaica s economy — Dunn jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
Mark Hart, chairman of Cargo Handlers Limited.
Cargo Handlers Limited, CHL, has spent $100 million to acquire 30 per cent stake in Buying House Cement Limited, a cement importer based in Montego Bay that mostly supplies western Jamaica.
Domicem, a company based in Dominican Republic, will continue to own 70 per cent of Buying House.
The cement importer, according to CHL Chairman Mark Hart, holds about 10 per cent of the local cement market that is dominated by Caribbean Cement Company Limited as the only local manufacturer of the commodity. Caribbean Cement, which is also foreign owned by Cemex of Mexico, distributes under Carib Cement brand.
Union, Carib Cement reach wage agreement jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.