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
TCL 65th Anniversary
Arawak Cement Company Limited and Readymix (West Indies) Limited both attain two years of no recorded LTIs (Loss Time Incidents).
Readymix operations begin in Guyana with a fully operational facility, manufacturing and supplying concrete.
CEMEX revises its offer price to TT$5.07 per ordinary share and increases its shareholding in TCL from 39.5% to 69.83%.
TCL issues an offer to acquire all outstanding minority shares (28.9%) in RML.
TTL is relocated from Anguilla to Barbados and is incorporated as TTLI Trading Limited in Barbados.
Arawak Concrete Solutions Limited is incorporated.
CEMEX issues a Takeover bid to acquire ordinary shares in TCL at TT$4.50 per ordinary share.
TCL Group enters into a Technical and Managerial Services Agreement with CEMEX.
TCL completes capital restructuring.
TCL is delisted from the Barbados Stock Exchange (BSE), Eastern Caribbean Stock Exchange (ECSE) and Guyana Association of Securities Companies and Intermediaries (GASCI).
TCL Rights Issue and increase in issue share capital.
CEMEX increases its shareholding in TCL to 39.5%.
Shareholders’ Proposal gives rise to a new Board/Leadership at TCL.
TCL celebrates 60 years of manufacturing cement, building nations and serving people!
92-day industrial strike at TCL – longest in the company’s history.
TCL Premium Plus is launched.
The TCL Premium Portland-Pozzolan brand is introduced.
TCL achieves ISO: 14001:2004 Certification.
Cement Mill 3 is commissioned at TCL, Claxton Bay.
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.
TCL achieves API Q1 and ISO 9002 certification.
The TCL Group acquires government’s 43% holding in Caribbean Cement Company Limited (CCCL).
TCL’s holding in CCCL increased to 74.1% as a result of a rights issue.
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.
The GOTT divests its remaining shareholding in TCL.
TCL Trading Limited (TTL), a wholly owned subsidiary of TCL and the company’s trading arm is incorporated in Anguilla.
Kiln 4 is commissioned at TCL; Kilns 1 & 2 are retired.
TCL acquires controlling interest in Readymix (West Indies) Ltd.
TCL Ponsa Manufacturing is established as a joint venture between TCL and Industrias Ponsa of Spain; plant commissioned in July.
CEMEX S.A. of Mexico acquires 20% of TCL’s shareholding.
TCL purchases Arawak Cement Company in Barbados and operates the plant as a grinding station.
The Government divests its shareholding in TCL in two phases; GOTT’s shareholding reduced to 29.1%.
TCL Packaging Limited (TPL) established as a joint venture between TCL and Dipeco of Switzerland.
Kiln 3 line commissioned at TCL.
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.
TCL purchased by the Government of Trinidad & Tobago (GOTT) – handed over at midnight on July 31.
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.
Production capacity further increases to 250,000 tons/yr.
Production capacity increases to 180,000 tons/yr.
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.