Trinidad Cement restricts operations

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Trinidad & Tobago/Barbados: Trinidad Cement has halted most of its operations in Trinidad & Tobago and temporally halted operations at its Arawak Cement subsidiary in Barbados following government advice in each country with regards to coronavirus. It said that it had stopped ‘almost all operations’ at its Trinidad Cement integrated plant except for activities related to maintaining the kiln and the continuation of some port operations. Both lockdowns are expected to last initially until mid-April 2020. The subsidiary of Mexico’s Cemex said that it expected the global response to coronavirus would negatively affect economic growth in the Caribbean. To counter this it has delayed certain capital expenditure planned for 2020 and it is maintaining inventory at its facitlies to serve customer demand.

Last modified on 07 April 2020

URL: https://globalcement.com/news/item/10683-trinidad-cement-restricts-operations

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