Domicem

Domicem signed an engineering, procurement and construction contract with Sinoma Construction for a 3500t/day clinker production line at its Palenque plant in the Dominican Republic. Announced on 6 October 2021.

Sinoma CBMI Construction will construct a new kiln line for Domicem (Colacem group) in Sabana Grande de Palenque, Dominican Republic, as part of a US$120 million investment to double cement capacity to approximately 3.8 million tonnes per year.

Domicem, the Dominican subsidiary of Colacem S.p.A., announced the construction of a new cement production line in Sabana Grande de Palenque. The investment of more than $120 million will double the plant's production capacity, with the new line starting operation by end of 2022.

Cargo Handlers Limited has spent $100 million to acquire a 30% stake in Buying House Cement Limited, a cement importer based in Montego Bay, Jamaica. The deal takes effect on January 1, 2021.