Barbados to Enforce 60 Percent Cement Tariff

The Caribbean Court of Justice (CCJ) reinstated extra-regional tariffs on cement imports into Barbados, reported the Daily Nation. In an interim decision on July 17 by CCJ President Justice Adrian Saunders, the regional court ordered Barbados to “restore and enforce” a 60 percent import duty on hydraulic cements imported from outside the Caribbean Community (CARICOM).

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Elementia Plans New $30m Plant in Mexico

Elementia announced the development of a cement grinding facility in Progreso, a port city in the Yucatan Peninsula of Mexico, with a total investment potentially reaching $30 million. A production line will have an installed capacity of more than 250,000 tons per year.

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LafargeHolcim Accelerates Growth Momentum

LafargeHolcim announced that revenue grew 6.2 percent in the second quarter of 2018. For the first six months, net sales grew 4.8 percent on a like-for-like basis. Over the first six months, Recurring EBITDA was down -1.4 percent on a like-for-like basis but earnings increased in the second quarter, with Recurring EBITDA up by 1.5 percent, largely offsetting a soft first quarter.

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Royal White, Penna Join WCA

The World Cement Association (WCA) announced that Houston-based Royal White Cement and Penna Cement of India are the latest additions to its international membership, which now spans 38 countries. Both companies join as corporate members.  

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