Monday, April 22, 2024

Rock Hard braces

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THE CEMENT WAR may not be over after all.

Seems Rock Hard Cement is preparing for another fight from the western hemisphere’s largest cement producer, CEMEX.

Rock Hard scored a major victory in its war with Trinidad Cement Ltd (TCL) and its Barbados-based subsidiary Arawak Cement Ltd last week, when CARICOM’s Council for Trade and Economic Development (COTED), along with the World Customs Organisation (WCO), determined that the cement product Rock Hard imported from Turkey should be classified as “other hydraulic cement”. But executive chairman of Rock Hard, Mark Maloney, told the DAILY NATION he was bracing for another fight from CEMEX, the parent company of TCL, which controlled most of the market share in the cement business in the Caribbean. (BA)

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