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
2019
TCL 65th Anniversary
2018
Readymix operations begin in Guyana with a fully operational facility, manufacturing and supplying concrete.
2018
Arawak Cement Company Limited and Readymix (West Indies) Limited both attain two years of no recorded LTIs (Loss Time Incidents).
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.
2016
CEMEX issues a Takeover bid to acquire ordinary shares in TCL at TT$4.50 per ordinary share.
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.
2015
CEMEX increases its shareholding in TCL to 39.5%.
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.
2012
92-day industrial strike at TCL – longest in the company’s history.
2009
TCL Premium Plus is launched.
2006
TCL achieves ISO: 14001:2004 Certification.
2006
The TCL Premium Portland-Pozzolan brand is introduced.
2005
Cement Mill 3 is commissioned at TCL, Claxton Bay.
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.
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.
1998
The GOTT divests its remaining shareholding in TCL.
1997
TCL Trading Limited (TTL), a wholly owned subsidiary of TCL and the company’s trading arm is incorporated in Anguilla.
1996
TCL acquires controlling interest in Readymix (West Indies) Ltd.
1996
Kiln 4 is commissioned at TCL; Kilns 1 & 2 are retired.
1995
TCL Ponsa Manufacturing is established as a joint venture between TCL and Industrias Ponsa of Spain; plant commissioned in July.
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.
1989
TCL Packaging Limited (TPL) established as a joint venture between TCL and Dipeco of Switzerland.
1989
The Government divests its shareholding in TCL in two phases; GOTT’s shareholding reduced to 29.1%.
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.
1976
TCL purchased by the Government of Trinidad & Tobago (GOTT) – handed over at midnight on July 31.
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.
1968
Production capacity further increases to 250,000 tons/yr.
1958
Production capacity increases to 180,000 tons/yr.
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.
