A Time To Build Caribbean Cement Company Limited Annual ...

Community Relations
The Company remains committed to building a better Jamaica by supporting its various
community outreach programmes. These include our recently launched programme with the
HEART Trust/NTA to fast-track artisan training in our adjoining communities in preparation
for our new kiln construction.
THE SENIOR MANAGEMENT GROUP
We continued to support the traditional educational programmes such as those offered by
the MultiCare Foundation, our Mentorship Programme with the Harbour View Primary
School, our School Feeding Programme; our sponsorship of the Prep/Primary School Debate
Competition, tertiary scholarships and our Community Back to School Programme.
Outlook for 2005
Although inflation, primarily impacted by Hurricane Ivan, is estimated to be 13% for 2004, the
reduction in interest rates and the stability of the currency exchange rate over the past year
provide for a cautiously optimistic macroeconomic outlook. Real GDP is expected to grow by
approximately 3% per annum in the medium term, supported by projected foreign investment
inflows that will significantly expand the bauxite/alumina sector and see a doubling of
hotel room capacity over the next five years. In addition, the Government’s programme for
infrastructural development is expected to continue.
F.L.A. Haynes
General Manager
Paul Lue Lim
Technical Operations Manager
John Mendes
Quality Manager
The expected increase in construction activity will continue to support the current robust
growth in domestic cement sales. It has therefore become even more of an imperative that
Carib Cement pursues its expansion and modernization programme. During 2004, the
Company received and evaluated proposals from the leading pyroprocessing equipment
suppliers and has selected a preferred vendor for the new kiln line. In addition, funding
options have been pursued and developed and the Company is in the process of finalizing the
supply contract and financing arrangements.
Ken Wiltshire
Planning & Development Manager
Maxwell Brooks
Quarries Manager
Derrick Isaac
Materials Manager
The expansion and modernization programme centres on the installation of a new
pyroprocessing line that will see the retirement of Kiln 3, the long wet kiln. Kiln 4 will be
upgraded to improve its efficiency and environmental performance following the installation
of the new kiln, targeted for the end of 2007. Clinker capacity will double to 1.3 million MT per
year. In addition, the cement-milling department will also be upgraded to increase its capacity
to 2 million MT per annum.
Carib Cement’s programme will employ the best available technologies to improve its
environmental performance and to reliably produce cement at a world-competitive cost.
Cordia Constable
Company Secretary/Manager,
Legal & Corporate Services
Chester Adams
Manufacturing Manager
Orville Hill
Finance Manager
F.L.A. Haynes
General Manager
Dalmain Small
Human Resource Manager
Alice Hyde
Marketing Manager
Godfrey Stultz
Engineering Services Manager
2004 ANNUAL REPORT 18 19
2004 ANNUAL REPORT