Dominican Republic: Cementos Andino Dominicanos (CAD) has denied that it is planning to suspend work at its Pedernales factory after what the firm called 'a malicious media campaign.' Local reports claimed that CAD would stop production, hindering the construction of government-led tourism projects in one of Dominican Republic's most impoverished regions.
In response CAD underlined its commitment to help develop the area, where it invested US$150m to build the plant in 2002. The firm added that the facility had generated US$46.8m in cement exports and US$44m in exported added-value products since its opening.