Trinidad Cement Limited
Annual Report 2012
32
CCCL’s laboratory was successful in its inaugural accreditation audit and is now
ISO/ IEC 17025:2005 accredited. Accreditation was granted on December 10, 2012.
TCL’s laboratory is also expected to achieve this certification by mid-2013.
The cement companies within the Group remained committed to pollution
prevention and compliance with legal environmental requirements under the ISO
14001 EMS. This was demonstrated through the implementation of environmental
improvement programmes, monitoring of air and water quality and sound levels.
Each company attained all required environmental registration certificates and
pollution permits, and maintained procedures for pollution prevention and the
handling of any non-conformities and complaints related to environmental matters.
There were, however, on occasions in 2012, practical challenges in suppressing the
impact of dust from plant operations on surrounding areas, sometimes resulting
in complaints to TCL and ACCL. All issues were addressed in accordance with the
EMS procedures, through repair and maintenance of critical equipment, increased
process control, and dialogue with key stakeholders. Controls will continue to be
maintained on the sources identified.
During the year, the Group also joined the international community in observing the
ILO’sWorld Day for Safety and Health at Work (April 28) andWorld Environment Day
(June 5) by hosting various company activities.
2.0 FINANCIAL REVIEWAND ANALYSIS
Revenue
Group revenue for 2012 was $1.61 billion, an increase of 3.5% from 2011, reversing a
trend of declining sales over the past three (3) years. This noteworthy outcome was
achieved despite the significant challenges experienced by the Group, including the
historic 92-day strike at TCL and production challenges at CCCL and ACCL due to
severe working capital constraints that affected critical maintenance work. In spite
The Year in Review
Group CEO’s Report and Management Discussion 2012 (continued)
The new TCL seeks and finds
We see business as a continuous
search: search for new markets,
for competitive suppliers, for
quality input materials. Only by
always seeking can we minimise
our risk andmaximise our product
quality and shareholder return.
