Caribbean Cement Company Limited (CCC) has achieved an unprecedented financial milestone in 2025, setting new performance records despite hurricane-related disruptions affecting broader Caribbean operations. The remarkable gains were revealed by its ultimate parent company, CEMEX SAB de CV, which highlighted Jamaica’s record-breaking operating earnings before interest, taxes, depreciation, and amortization (EBITDA).
The exceptional performance was primarily driven by a 7% increase in cement volumes, fueled by robust tourism-related construction projects and residential self-build activities across Jamaica. This success represents the most significant return on investment to date from CCC’s strategic US$42-million kiln debottlenecking initiative, finalized in the third quarter of 2025. The project has enabled the company to replace lower-margin imported cement with higher-value locally produced alternatives, substantially improving profitability.
Within Cemex’s South, Central America and Caribbean (SCAC) division, which generated US$1.14 billion in revenue and US$223 million in operating EBITDA, Jamaica’s operations emerged as the standout performer. The Caribbean sub-region—encompassing Jamaica, Trinidad and Tobago, Barbados, and Guyana—contributed 39% of segment EBITDA, amounting to approximately US$87 million. Previous disclosures from Trinidad Cement Limited (TCL), which holds a 74.1% stake in CCC, have established the Jamaican operation as the group’s most critical business unit, responsible for over half of consolidated revenue and the majority of operating profits.
CCC reached maximum production capacity in July 2025 and resumed cement exports later that year, shipping 3,000 metric tonnes to Curaçao in September—a significant achievement demonstrating the expanded operational scale and enhanced efficiency.
Despite Jamaica’s outstanding results, Cemex reported a 5% decline in like-for-like operating EBITDA for the SCAC segment, attributed to Hurricane Melissa’s impact on Jamaican operations alongside increased maintenance activities in Colombia and Trinidad and Tobago. The corporation also restructured its regional presence throughout 2025, exiting the Dominican Republic market in January and divesting its Panamanian operations in October.
Regional cement volumes experienced a 2% increase in 2025, with Cemex forecasting modest single-digit price increases for construction materials in 2026. This optimistic outlook is supported by improving consumer confidence and a recovery in formal construction sectors.
Jamaican investors anticipate further clarity regarding CCC’s independent performance when the company releases its audited financial statements by March 1. Following a 5% EBITDA increase to $9.38 billion in 2024, CCC’s nine-month performance through September reached $7.68 billion, maintaining similar growth momentum.
At the corporate level, Cemex reported US$16.13 billion in consolidated sales for 2025, with net profit increasing marginally by 1% to US$970 million despite substantial one-time impairment and severance charges.
For Caribbean Cement Company, 2025 represents a transformative period: after extensive capital investment years, Jamaica’s premier cement producer has entered a new era of elevated production capacity, strengthened profit margins, and restored regional significance—establishing itself as one of the nation’s most impactful industrial enterprises moving into 2026.
