Latest update February 14th, 2025 8:22 AM
TCL Cement Price Upped by 5%
TCL Guyana Inc. (TGI) has upped the ex-factory price of its Portland-Pozzolan Cement by a “minimal” five percent. The new price label became effective yesterday.
TGI Portland-Pozzolan Cement
TGI announced Tuesday, by way of a press release, that it has adjusted the price of its primary product due to the price changes by the parent company Trinidad Cement Ltd (TCL). The increase comes as a result of the continuously escalating costs in areas of production such as packaging.
In spite of that, TGI points out that the current price that is being implemented is comparatively low when taking into consideration the price on the global market.
The company maintained that the “minimum” adjustment to the cement price comes with the recognition that cement is a major component of Guyana’s economic growth. As a strong supporter of Guyana’s developmental goals, the offer to first time home owners of a twenty percent discount by the company under the Government’s low income earners housing initiative still applies.
The previous price increase was made in mid-July last year. The current hike in the price of TCL cement comes in the wake of the recent scarcity of stone, much to the disfavor of concerned home builders.
Similar Articles
THE BLUNT OF THE DAY
Sports
Features/Columnists
Protest electoral tyranny
Peeping Tom… Kaieteur News- There comes a time in the life of a nation when silence is no longer an option, when the... more
OAS Secretary General Election and renewed OAS Consensus
Antiguan Barbudan Ambassador to the United States, Sir Ronald Sanders By Sir Ronald Sanders Kaieteur News- The upcoming election... more
Weekend Cartoon
