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CEMEX strengthens presence in Jamaica

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World Cement,

CEMEX, S.A.B. de C.V. has announced that, as part of its growth strategy, it plans to upgrade and increase the capacity of its cement production plant located in Rockfort, Jamaica, by 30%. This planned increase would strengthen the self-sufficiency of the national cement industry, reduce dependency on cement imports, and reinforce CCCL’s ability to serve the growth of the construction sector in Jamaica and the Caribbean. This investment is designed to be accretive and aligned to the company´s climate action goals through the production of low-carbon products.

CEMEX anticipates that once this planned expansion is finished, CCCL will increase its existing cement production capacity by approximately 300 000 metric tons, through the implementation of state-of-the-art technologies. The expansion will introduce novel grinding additives to the manufacturing process and further enhance the production of low clinker products in the region.

This planned major upgrade is currently scheduled for the second half of 2022. The investment is consistent with CEMEX’s growth plan in Jamaica and seeks to strengthen its capacity to respond to local market's demand as well as exports needs over the medium term.

By optimizing the heat consumption in the cement production process, this project would minimize CCCL´s carbon footprint in Jamaica and allow CEMEX to progress in its ambitious sustainability targets under its Future in Action program.

"At Caribbean Cement Company Limited, we reiterate our commitment to the sustainable development of Jamaica's economy. With this investment, we will create jobs and promote the local industry in the country while minimizing our carbon footprint," said Jesus Gonzalez, President CEMEX South, Central America and the Caribbean. "These are the actions by which CEMEX builds a better future."

The current estimate of the total value of the investment is approximately US$30 million. Currently, CCCL supplies more than one million metric tons of cement to Jamaica, this production is expected to increase with this planned project.

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