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Group Booklet 2010 new.indd - TCL Group

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THE <strong>TCL</strong> GROUPMember Profiles1


GROUP OVERVIEWTrinidad Cement Limited (<strong>TCL</strong>) was incorporated in Trinidadin 1951 and commenced production in 1954. Through aprocess of diversification and expansion, <strong>TCL</strong> has evolvedfrom a single cement manufacturing operation into a fullfledgedgroup of companies with operations throughoutthe English-speaking Caribbean.Today, the <strong>TCL</strong> <strong>Group</strong> is the leading producer and marketerof cement and ready-mix products in the Caribbean. Weare firmly committed to our goal of “Building CaribbeanExcellence” for our customers, employees, shareholdersand wider Caribbean communities.Through the dedication and commitment of the <strong>TCL</strong> family,the <strong>Group</strong> draws strength from its depth of knowledgeand experience to create a truly and uniquely Caribbeanexpression, providing world-class products and servicesto all our customers.The <strong>TCL</strong> <strong>Group</strong> - One Caribbean… One Company.Today, eight (8) operating companies in Trinidad,Barbados, Guyana, Jamaica and Anguilla define thestructure of the <strong>TCL</strong> <strong>Group</strong>:Trinidad Cement Limited (<strong>TCL</strong>) 3<strong>TCL</strong> Packaging Limited (TPL) 4<strong>TCL</strong> Ponsa Manufacturing Limited (TPM) 5Readymix (West Indies) Limited (RML) 6Arawak Cement Company Limited (ACCL) 7<strong>TCL</strong> Trading Company Limited (TTL) 8Caribbean Cement Company Limited (CCCL) 9<strong>TCL</strong> Guyana Inc (TGI) 102


Southern Main RoadClaxton Bay, TrinidadTel: (868) 659 2381-8Fax: (868) 659 2540website: www.tcl.co.ttRESERVES TO LAST A CENTURYCompany Overview: Trinidad Cement Limited (<strong>TCL</strong>) was incorporatedin Trinidad in 1951 and commenced production in 1954. Its primaryactivity is the manufacture and sale of <strong>TCL</strong> Premium Portland PozzolanCement, Ordinary Portland Cement as well as Class G, High SulphateResisting (HSR) and Oilwell Cement.Board of Directors: Andy J. Bhajan (Chairman), Dr. Rollin Bertrand,Eutrice Carrington, Carlos Hee Houng, Jeffrey McFarlane, Dr. AleemMohammed, Dr. Leonard Nurse, Bevon Francis, Luis Miguel CantuPinto, Brian YoungCompany Secretary: Alan NobiePrincipal Officers: Satnarine Bachew (General Manager), JindaMaharaj (Operations Manager), Parasram Heerah (Finance Manager),Keith Johnson (Human Resource Manager), Harrinarine Dipnarine(Engineering Services Manager), Gloria Jacobs (Quarry Manager), IanMatthews (Planning & Development Manager), Lisel Cozier (MaterialsManager), Rodney Cowan (Marketing Manager), Keith Ramjitsingh(Production Manager), Amarchandra Maharaj (Health, Safety &Environment Manager)InsuranceCompanies 1.35% Other Foreign Investors 4.55%Banks / PensionFunds 25.74%Individuals 25.81%NIB 10.16%Unit Trust 4.19%Sierra Trading (Cemex S.A. de C.V.) 20.00%Baleno Holding Inc. 8.21%3


Southern Main RoadClaxton Bay, TrinidadTel: (868) 659-2381-8Fax: (868) 659-0950QUALITY COMES IN A PAPER SACKCompany Overview: <strong>TCL</strong> Packaging Limited (TPL) was incorporatedin Trinidad in 1989 and commenced operations in 1991. Its primaryactivity is the manufacture and sale of papersacks.Board of Directors: Arun K. Goyal (Chairman), Satnarine Bachew,Clemens Stockreiter (Dipeco – Switzerland), Dr. Rollin Bertrand,Hollis N. HoseinCompany Secretary: Cheryl GransaullPrincipal Officers: Derrick Isaac (General Manager), HilaryLakhiram (Operations Manager), Betty Ann Noreiga (MarketingManager), Kaveer Seepersad (Senior Plant Coordinator), SursateeHeeralal (Marketing & Logistics Offi cer)<strong>TCL</strong> 80%Dipeco (Switzerland) 20%4


#6 Freezone, Point LisasIndustrial EstatePoint Lisas, Trinidad, W.I.Tel: (868) 636-9627Fax: (868) 679-4120SAFETY IS ONE OF OUR PRODUCTSCompany Overview: <strong>TCL</strong> Ponsa Manufacturing Limited (TPM)was incorporated in Trinidad in 1995. Its primary activity is themanufacture and sale of single use slings. It is also involvedin the sale of jumbo bags, reusable slings, safety harnesses andpolypropylene sacks, as well as webbing for use in the furnitureindustry.Board of Directors: Arun K. Goyal (Chairman), Dr. Rollin Bertrand,Juan Ponsa (Industrias Ponsa - Spain), José Sala Pinto (IndustriasPonsa - Spain), Satnarine Bachew, Hollis N. HoseinCompany Secretary: Cheryl GransaullPrincipal Officers: Derrick Isaac (General Manager), Betty AnnNoreiga (Marketing Manager), Sursatee Heeralal (Marketing &Logistics Offi cer), Stephen Ramcharan (Technical Coordinator)<strong>TCL</strong> 65%Industrias Ponsa S.A. (Spain) 35%5


Tumpuna RoadGuanapo, TrinidadTel: (868) 643-2429/2430Fax: (868) 643-3209Website: www.readymix.co.ttGETTING THE RIGHT MIX READYCompany Overview: Readymix (West Indies) Limited (RML)was incorporated in Trinidad in 1961. Its primary activity is themanufacture and sale of premixed concrete. In 1996, <strong>TCL</strong> acquiredmajority ownership of the Company. In 2002, RML acquired 60%shareholding in Premix and Precast Concrete Inc. in Barbados. InTrinidad and Tobago, RML operates seven concrete plants and is thepremier supplier of readymixed concrete in this market.RML also operates its own quarries at Valencia, which supply allof the company‘s aggregate requirements. The company operatesin the following areas: Guanapo (Head Offi ce, Central Dispatch,Concrete Batching Plant, Laboratory), Melajo, Valencia (Quarry andWash Plant) and has Concrete Batching Plants in Laventille, PointLisas, Harmony Hall and Studley Park.Board of Directors: Eutrice Carrington (Chairman), Dr. RollinBertrand, Satnarine Bachew, Lawford Dupres, Arun K. Goyal, HollisN. Hosein, Anton Ramcharan, Wayne ManningCompany Secretary: Isha Reuben-TheodorePrincipal Officers: Manan Deo (General Manager), JohnCardenas (Marketing Manager), Malcolm Smith (Plant Manager(PPCI)), Isha Reuben-Theodore (Corporate Services Manager/Company Secretary), Richard Dash (Materials Manager), DexterEast (Operations Manager)<strong>TCL</strong> 71%Other Shareholders 29%6


Checker HallSt. Lucy, BarbadosTel: (246) 439-9880Fax: (246) 439-7976Website: www.arawakcement.com.bbENHANCING FUEL USAGECompany Overview: Arawak Cement Company Limited (ACCL)was incorporated in Barbados in 1981 and was wholly acquiredby <strong>TCL</strong> in 1994. Its primary activity is the manufacture and sale ofOrdinary Portland Cement and Portland–Pozzolan Cement.In December 1997, the <strong>TCL</strong> <strong>Group</strong> purchased a lime plant adjacentto the Arawak cement plant. Its principal products are hydrated &quick lime. Large quantities of quick lime are consumed in the steelindustry, whereas hydrated lime is the largest tonnage chemicalused in the treatment of potable and industrial water supplies. Limehas many other uses in the Agricultural, Glass, Dairy Products andChemical industries.Board of Directors: Jeffrey McFarlane (Chairman), Dr. RollinBertrand, Satnarine Bachew, Arun K. Goyal, Hollis N. Hosein, FrankMcConney, Joseph NunesCompany Secretary: Charmaine ReecePrincipal Officers: Rupert Greene (General Manager), LeslieMaxwell (Planning & Development Manager), Charmaine Reece(Finance Manager/Company Secretary), Faye Gill (MarketingManager), Dawn Jemmott-Lowe (Human Resource Manager),Dwight Sutherland (Engineering Services Manager), SheryllynWelch-Payne (Materials Manager), Matthew Thornhill (ProductionManager), Phillip Yeung (Operations Manager)<strong>TCL</strong> 100%7


Box 885, Fair Play ComplexThe Valley, AnguillaTel: (264) 497 3593Fax: (264) 497 8501SUPPLYING EXPORT MARKETSFROM JAMAICAFROM BARBADOSFROM TRINIDAD & TOBAGOCompany Overview: <strong>TCL</strong> Trading Limited (TTL), a wholly ownedsubsidiary within the <strong>TCL</strong> <strong>Group</strong>, was incorporated in Anguilla in1997. Its primary activity is trading in cement and related products.TTL is engaged in the marketing and sale of cement to the <strong>Group</strong>‘sexport markets.Board of Directors: Dr. Rollin BertrandCompany Secretary: Egwin DanielPrincipal Officers: Aneil Mahadeo (General Manager), JarisLiburd<strong>TCL</strong> 100%8


Rockfort, KingstonJamaicaTel: (876) 928-6231-5Fax: (876) 928-7381Website: www.caribcement.comINCREASING REGIONAL CAPACITYCompany Overview: Caribbean Cement Company Limited (CCCL)was incorporated in Jamaica in 1947 and commenced productionin 1952. Its primary activity is the manufacture and sale of OrdinaryPortland Cement and Portland-Pozzolan Cement. In 2008, CCCLcommissioned a <strong>new</strong> Pre Calciner, Dry Process Kiln (Kiln 5), increasingthe company’s clinker manufacturing capacity to 1.3 million (thehighest within the <strong>Group</strong>) and is now actively engaging in exportsales of cement. One of CCCL’s subsidiaries, Jamaica Gypsum &Quarries Limited (JGQ) is involved in the mining and sale of gypsumand anhydrite. The major assets of another subsidiary, CaribbeanGypsum Company Limited are its gypsum/anhydrite quarry lands,which enhance the reserve of raw material available to CCCL.Rockfort Mineral Bath Complex Limited is also a subsidiary of CCCL.It maintains a leasehold interest in a mineral spa.Board of Directors: Brian Young (Chairman), Dr. Rollin Bertrand,Bevon Francis, Hollis N. Hosein, Derek Jones, Parris Lyew-Ayee,Judith Robinson, Paul StockhausenCompany Secretary: Bernadene CrooksPrincipal Officers: F.L. Anthony Haynes (General Manager),Chester Adams (Planning & Development Manager), Orville Hill(Finance Manager), Alice Hyde (Marketing Manager), Brett Johnson(Manufacturing Manager), Noel McKenzie (Quarry Manager),Raymond Mitchell (Quality Manager), Dalmain Small (HumanResource Manager), Adrian Spencer (Materials Manager), GodfreyStultz (Project Manager), KenWiltshire (Operations Manager)9<strong>TCL</strong> <strong>Group</strong> 74.08Cemex - Scancem International(St. Lucia) Ltd 4.96Financial Institutions 3.46Pension Plans 1.00Government 1.19Other 15.31


2-9 Lombard StreetGNIC CompoundGeorgetownGuyanaTel: 011 (592) 225 - 7520Fax: 011 (592) 225 - 7347BENEFITING GUYANESE PEOPLECompany Overview: <strong>TCL</strong> Guyana Inc. (TGI) was incorporated in2004 and is involved in the packaging of bulk cement for sale onthe Guyanese market. Its operations directly and tangibly benefi t theGuyanese people and economy with the creation of jobs, transferof technology, net savings on foreign exchange outfl ow, provision ofa reliable cement supply to facilitate infra-structural developments,the potential for more competitive cement pricing and the potentialfor downstream investments.Board of Directors: Dr. Rollin Bertrand, Satnarine Bachew, Arun K.Goyal, Hollis N. Hosein, David PersaudCompany Secretary: Alan NobiePrincipal Officers:Mark Bender (Plant Manager), Karamchand Khudu (PlantSuperintendent), Roscoe Greene (Marketing Representative)<strong>TCL</strong> (Nevis) Limited 80%Anral Investments Limited 10%Toolsie Persaud Limited 10%10


THE BOND FOR FUTURE GROWTH11


THE VISION FOR EXCELLENCE12

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