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Trinidad Cement forecasts a competitive 2017

07 March 2017, Published under Cement News

Trinidad Cement Ltd (TCL) has forecast construction activity to remain sluggish during the coming year, particularly in Trinidad and Tobago and Barbados, in the face of "increasingly aggressive competition in the region". In its audited financial report for the 12 months ending December 2016, TCL, which is the subject of a takeover by the Mexican-based cement giant Cemex, said it will continue to focus on three key elements to reinforce the position of the company, including seeking out an...