Special Advisory:Paramount Trading (Jamaica) Limited (PTL)

Paramount Trading (Jamaica) Limited (PTL) has advised that the Company will be expanding its operations by offering chlorine and bleach products for contract manufacturing. The Company recently completed construction of the infrastructure required for a new chlorine and bleach plant at its 6 East Bell Road, Kingston 11 location, which will be outfitted with state of the art equipment and advanced technology. PTL plans to commence operation of the plant in February 2018.

PTL further advises that on October 26, 2017 the Company entered into an Asset Sale Agreement to acquire bleach plant equipment and other assets from Seprod, for its new chlorine and bleach operations. This acquisition is in line with the Company’s goals to continuously strengthen its presence as a manufacturer in the chemicals market, and will complement the Company’s existing offerings.

2017-11-06T20:17:08+00:00