Caribbean Cement Firm (Cairb Cement) says it reached a brand new report in 2020 by manufacturing greater than 940,000 metric tonnes of cement in response to market demand.
“The market responded reverse to what may need been anticipated given the pandemic. As an alternative of slowing down, building grew, and we saved in keeping with our clients by assembly their demand persistently. We’ll proceed to ramp up manufacturing because the market grows,” mentioned Yago Castro, Common Supervisor of Caribbean Cement Restricted.
Castro attributed this efficiency to capital funding, authorities insurance policies, administration of the pandemic and the experience of Carib Cement’s staff.
Yago Castro, Common Supervisor of Caribbean Cement Restricted
“The Authorities of Jamaica assessed the scenario properly and allowed crucial sectors to proceed working as soon as sure protocols have been adopted. Prioritising well being, whereas maintaining financial objectives in thoughts, have mitigated in opposition to the unfavorable impression on our sector. Furthermore, we noticed large efficiency from our crew, who remained targeted and I’m actually happy with their dedication,” he mentioned.
Carib Cement mentioned this report affirms its dedication to delivering worth to its clients, shareholders by assembly targets specified by quarterly statements and on the annual common conferences.
All year long, security remained a precedence and the implementation of 52 new security protocols to mitigate in opposition to the transmission of COVID-19 have been strictly strengthened. Data on behaviours that save lives was additionally shared regularly with staff, contractors, truck drivers, clients and all who go to the plant, Carib Cement mentioned in a press launch.
When it comes to capital funding, Carib Cement has invested greater than $22 billion in new gear, upgrades, and upkeep between 2015 and 2019. Consequently, the Rockfort based mostly plant has turn out to be extra trendy, environment friendly, and secure, the corporate mentioned.
Heavy rainfalls and inconsistency in energy provide, hampered the mining course of within the 2020 third quarter resulted in some gaps in manufacturing throughout that interval.
With out drastic interference from climate situations and if the market requires, Carib Cement mentioned it will probably exceed a million metric tonnes.