Barbados: Arawak Cement has ceased clinker production at its St Lucy cement plant. The facility will continue to operate as a grinding plant. Loop News has reported that the company now seeks to lay off 70% of the plant's staff. Negotiations between the producer and the Barbados Workers' Union are reportedly in 'advanced' stages.
In its previous restructuring in 2016, Arawak Cement offered voluntary separation packages to employees. At that time, 'unfavourable economic conditions globally and in the region' necessitated cost reduction.
