Categories: Top News

TCL Imposes 15% Price Increase due to Gas Prices

Trinidad Cement Limited (TCL) has recently communicated an important update concerning the impact of the National Gas Company’s (NGC) increase in natural gas prices on its operations and the overall construction sector. The hike in gas prices, effective from 1 January 2026, has majorly affected TCL’s production costs, leading to a 15% price adjustment on sacks starting from 9 February 2026. Despite the grave concern for the impact on businesses, end users, and the construction sector, TCL reaffirms its commitment to the local economy with over 350 direct employees and 400 local contractors and suppliers, along with a forecast of exceeding US$40 million in exports in 2026.

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