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The TCL Group is the leading producer and marketer of cement, readymix concrete and aggregates in the Caribbean. We are firmly committed to our goal of “Building a Brighter Future” for our customers, employees, shareholders and wider Caribbean communities.

Through the dedication and commitment of our employees, the Group draws strength from a depth of knowledge and experience to create a truly and uniquely Caribbean expression, providing world-class products and services to all our customers.

 

TCL Group Historical Timeline

1954 – Production begins by Trinidad Cement Limited (TCL), a subsidiary of the British Rugby Portland Cement Company Limited – June 1954. TCL off to a good start, having received all of Rugby Portland Cement Company’s export markets in the Caribbean.


1958 – Production capacity increases to 180,000 tons/yr.


1968 – Production capacity further increases to 250,000 tons/yr.


1971 – Marine terminal built at Claxton Bay – dredging of a deep-water channel and erection of specialised equipment to facilitate quick loading of cement onto vessels for the export markets.


1976 – TCL purchased by the Government of Trinidad & Tobago (GOTT) – handed over at midnight on July 31.


1984 – Kiln 3 line commissioned at TCL.


1984 – Major plant organisation completed – from Quarrying and Slurry manufacture at Mayo to clinker manufacture and grinding and cement storage, packaging and distribution at Claxton Bay.


1989/ 1990 – The Government divests its shareholding in TCL in two phases; GOTT’s shareholding reduced to 29.1%.


1989 – TCL Packaging Limited (TPL) established as a joint venture between TCL and Dipeco of Switzerland.


1994 – CEMEX S.A. of Mexico acquires 20% of TCL’s shareholding.


1994 – TCL purchases Arawak Cement Company in Barbados and operates the plant as a grinding station.


1995 – TCL Ponsa Manufacturing is established as a joint venture between TCL and Industrias Ponsa of Spain; plant commissioned in July.


1995 – TCL acquires 39.3% of concrete producer Readymix (West Indies) Limited’s shareholding.


1996 – Kiln 4 is commissioned at TCL; Kilns 1 & 2 are retired.


1996 – TCL acquires controlling interest in Readymix (West Indies) Ltd.


1997 – TCL Trading Limited (TTL), a wholly owned subsidiary of TCL and the company’s trading arm is incorporated in Anguilla.


1998 – The GOTT divests its remaining shareholding in TCL.


1999 – Record levels of clinker production and cement sales are achieved even though 30,000 tonnes of Thai cement is dumped on the Trinidad & Tobago market.


1999 – TCL achieves API Q1 and ISO 9002 certification.


1999 – The TCL Group acquires government’s 43% holding in Caribbean Cement Company Limited (CCCL).


1999 – TCL’s holding in CCCL increased to 74.1% as a result of a rights issue.


2004 – Bagging terminal, TCL Guyana Inc (TGI) is incorporated in Guyana as a fully-owned subsidiary of TCL to better serve the Group’s largest export market.


2005 – Cement Mill 3 is commissioned at TCL, Claxton Bay.


2006 – The TCL Premium Portland-Pozzolan brand is introduced.


2006 – TCL achieves ISO: 14001:2004 Certification.


2009 – TCL Premium Plus is launched.


2012 – 92-day industrial strike at TCL – longest in the company’s history.


2014 – TCL celebrates 60 years of manufacturing cement, building nations and serving people!


2014 – Shareholders’ Proposal gives rise to a new Board/Leadership at TCL.


2015 – CEMEX increases its shareholding in TCL to 39.5%.


2015 – TCL Group enters into a Technical and Managerial Services Agreement with CEMEX.


2015 – TCL completes capital restructuring.


2015 – TCL is delisted from the Barbados Stock Exchange (BSE), Eastern Caribbean Stock Exchange (ECSE) and Guyana Association of Securities Companies and Intermediaries (GASCI).


2015 – TCL Rights Issue and increase in issue share capital.


2016 – CEMEX issues a Takeover bid to acquire ordinary shares in TCL at TT$4.50 per ordinary share.


2017 – CEMEX revises its offer price to TT$5.07 per ordinary share and increases its shareholding in TCL from 39.5% to 69.83%.


2017 – TCL issues an offer to acquire all outstanding minority shares (28.9%) in RML.


2017 – TTL is relocated from Anguilla to Barbados and is incorporated as TTLI Trading Limited in Barbados.


2017 – Arawak Concrete Solutions Limited is incorporated.