TCL GUYANA INC. offers cement at discount price

TGI provides support for builders at difficult time
TCL Guyana Inc. (TGI) yesterday announced a 5% discount on cement leaving the plant as of this month. The discount in the TGI cement price comes as the rainy season draws to a close, and construction projects are about to intensify, a press release from TCI said yesterday.

TGI Plant Manager Mark Bender said, “These are difficult economic times all over the word, and it is important that we continue to stimulate development. The TGI price discount will help to stimulate activity as we approach the busiest construction period in the year in Guyana.”

TGI has significant stockpiles of cement in the plant in Georgetown with its silos filled almost to capacity and the warehouse holding significant stocks of bagged cement. The TGI plant is able to produce in excess of 20,000 tonnes of cement each month, which is more that the current monthly demand in Guyana.

The price discount is being applied across the board so that at every level of construction activity, domestic, commercial, and public works, there would be benefits to be gained from using TGI cement.

Mark Bender reiterated that TGI Cement delivers quality and experience in every bag and should be the preferred product demanded in Guyana, “whether you are building a wall, a fence, a bridge, a home or a school.”

The announcement from TGI comes a day after another company in the TCL Group, Caribbean Cement Company in Jamaica, announced a discount in cement prices there in a clearance sale. Caribbean Cement’s Marketing Manager, Alice Hyde, said that the sale is part of the company’s “commitment to sharing the benefits of increased efficiencies of a more modern plant with its customers.”

Caribbean Cement will commission a new cement mill this week that will increase milling capacity to 1.9 million tonnes per annum. Caribbean Cement exported more than 38,000 tonnes of cement this year with some of those exports coming to Guyana.

TCL Guyana Inc. is a cement bagging facility which allows for bulk cement manufactured within the TCL Group to be shipped in specialised bulk carriers to the terminal where it is packaged for distribution throughout Guyana.

The TGI cement terminal began operations here in December 2006, and was formally commissioned in June 2007. TGI features three silos, each with a storage capacity of 2,000 tonnes, and a warehouse with a storage capacity also of 2,000 tonnes, giving a total stored inventory capacity of 8,000 tonnes. The terminal is supplied with bulk cement from the group’s plants in Trinidad, Barbados and Jamaica.

TGI is totally managed and staffed by Guyanese. Its operations directly and tangibly benefit the Guyanese people and economy with the creation of jobs, transfer of technology, net savings on foreign exchange outflow, provision of a reliable cement supply to facilitate infrastructural developments, the potential for more competitive cement pricing, and the potential for downstream investments.

The Terminal is located within the Industrial Estate retained by the Guyana National Industrial Company Inc. (GNIC) on Lombard Street in Charlestown, Georgetown.

SHARE THIS ARTICLE :
Facebook
Twitter
WhatsApp
All our printed editions are available online
emblem3
Subscribe to the Guyana Chronicle.
Sign up to receive news and updates.
We respect your privacy.