Cement News tagged under: Trinidad
TCL second-quarter revenue up 9%20 August 2014, Published under Cement NewsTrinidad Cement Ltd (TCL) saw second-quarter revenue rise by nine per cent to TTD560m (US$88.3m) as demand remained strong in key markets. EBITDA and non-recurring charges climbed 16 per cent YoY to TTD132.2m in the quarter under review. For the first half year of 2014, revenue increased by TTD79.5m or eight per cent whilst EBITDA and non-recurring charges remained flat at TTD232.2m compared with the first half of 2013. Earnings during the first six months of this year were negatively impa... |
TCL, Union wage dispute update, Trinidad13 March 2012, Published under Cement NewsThe Oilfields Workers’ Trade Union (OWTU) and Trinidad Cement Ltd (TCL) are ready to restart negotiations in an attempt to resolve the wage dispute that has resulted in strike action and a cement shortage. On 5 March the union served a strike notice on the company after rejecting a 6.5 per cent wage offer. The union’s president general, Ancel Roget, has given instructions that the letter be sent to the Ministry of Labour requesting intervention. Last week, the Ministry stated that both par... |