Caribbean Cement Company expands into the Dominican Republic market

(Jamaica/The Dominican Republic)  —  Jamaica based Caribbean Cement Company Limited (CCC) has shipped its first batch of 2500 tons of cement to the Dominican Republic.

The export to Dominican Republic is part of the company’s strategy to further expand its markets in the region. Caribbean Cement Company has been exporting cement to Haiti since 2008.

Earlier, there were reports that the company was planning to set up warehouse space as well as a distribution and packaging unit in Haiti. The company has also completed the upgradation and modernization of the US$170 million Rockfort, Kingston plant that boosted its capacity to 1 million tpa of cement.

Anthony Haynes, CCC’s general manager has indicated that the boosted capacity of the company has created an urgent need to find new markets outside of Jamaica.

The Dominican Republic, which is estimated to have a consumption of 3 million tpa of cement, is considered to be among the most lucrative in the region and the CCC’s intends to gain 10% of that market.

Haynes said that the Dominican Republic has been a target market for the CCC given the “very attractive prices and [it being] only two shipping days away from Jamaica.”

The company exported 192 500 tons of cement last year, double the amount shipped in 2009. The expansion into the Dominican Republic will increase its exports by 78%.

“We can see ourselves easily putting in 100 000 t into the Dominican Republic per year for a start,” said Haynes, adding, “I think very soon we should be doing 8 – 10 000 tpm. This market is the real game-changer.”

The CCC has partnered with Docemca, a local company, to sell its products.

“We sell FOB (freight on board), so the risk passes to them,” Haynes explained, “they own the ships and have the logistical capabilities in Dominican Republic and also in Haiti.”

“Haiti is a very volatile market, but we have a very good understanding of that country, and it is part of a long-term strategic goal,” Haynes concluded, “[Although] that goal can change if the donor countries that promised some US$16 billion in aid following the earthquake (in January 2010) do not provide the money, but we intend to be there.”

By: Rashmi Kalia (ARI-C NEWS)

(Visited 265 times, 1 visits today)

Get involved


As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us


Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs


Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.