Caribbean Cement Co dispatches cement to Dominican Republic
Caribbean Cement Company Ltd (CCC) has shipped its first batch of 2,500 tonne cement to the Dominican Republic. CCC has also signed an agreement to set up warehouse space and a distribution and packaging unit in Haiti to take advantage of the rebuilding of the country following the January 2010 earthquake in that nation. Anthony Haynes, General Manager, CCC, said that the Dominican Republic, which has the capacity to absorb three million tonne of cement annually, is considered to be among the most lucrative in the region and Caribbean Cement's intention is to gain 10 per cent of that market. "We can see ourselves easily putting in 100,000 tonne into Dominican Republic per year for a start," said Haynes, and added, "I think very soon we should be doing 8-10,000 tonne per month. This market is the real game changer." The company started exports after a one-year certification process by the Dominican Republic's standards agency General Management Standards and Quality Systems. "CCC has no plans for infrastructure build out in the Dominican Republic at this time, but has partnered with Docemca, a local company, to sell its products. Haiti is a volatile market, but we have a very good understanding of that country, and it is part of a long-term strategic goal," said Haynes.