Caribbean Container Inc announces 36-month closure of recycling plant

– 30 staff to be severed, will import paper for box production

The local paper and paper container manufacturing company Caribbean Container Inc (CCI) has announced that with effect from the end of June it will be suspending the operations of its Paper Recycling Plant and reverting immediately to imported paper as the primary raw material for its box manufacturing facility.

Chief Executive Officer of CCI Patricia Bacchus told Stabroek Business in an exclusive interview on Wednesday that, initially, the plant, which was installed in 2002, will be closed for 36 months after which the outcome of a re-evaluation of the operations will determine the way forward.

“During that period or at the end thereof a further decision will be taken based on the objective circumstances,” Bacchus told Stabroek Business. She said it was a Board decision. …to continue reading this article, please subscribe.  Already a subscriber ? Sign In

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