Caribbean Cement Company Limited (CCC) – Plans to upgrade capacity over the 15 – 18 months

Caribbean Cement Company Limited (CCC) has advised that further to approvals in principle by its Board on January 19, 2016 and the Parent Board (Trinidad Cement Limited) on January 21, 2016, CCC plans to embark on a project to upgrade its facility to realize an increased capacity and improved efficiency. CCC estimates that there will be a US$30,000,000 investment into the plant over the next 15 to 18 months, which should see the capacity of the Company growing from 1.2 to 1.6 million tonnes per annum. This investment will involve an upgrade of various equipment mainly in the kiln area, a new coal mill and investments to improve the Company’s environmental performance.