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Paramount Trading (Jamaica) Limited Breaks Ground for State of the art Facility

Junior Market Company - Paramount Trading (Jamaica) Limited says "We have also been bolstered through capital injection by our shareholders through the Jamaica Stock Exchange where we listed in December 2012."

Paramount Trading (Jamaica) Limited (PTL) has advised that they have been the premier supplier of food and industrial chemical raw materials in Jamaica for 25 years. PTL says there dedication to providing good quality products, outstanding customer service and technical support has been the foundation of their tremendous success. PTL notes that they have also been bolstered through capital injection by their shareholders through the Jamaica Stock Exchange where they listed in December 2012.

PTL recognizes the constant need for diversification in order to stay current in an ever changing world and as such, in 2014 became the sole distributors of Allegheny Petroleum lubricants and oils in Jamaica and the region. PTL is proud to bring the Altra brand to the Jamaican market in order to offer the transport and manufacturing industries quality oils and lubricants at affordable prices.

On Wednesday, July 20, 2016 at 12 noon, PTL, in partnership with Allegheny Petroleum, will be hosting the Ground-breaking Ceremony for their new blending facility. PTL says, this state-of-the-art facility will boast equipment that collects and monitors point of consumption data in real-time and will be integrated with existing production planning, logistics and cost management programs. It will also provide real-time reporting on contract compliance, auditing of lubricant vendor performance as well as, consumption forecasting.

PTL advises that the facility will be equipped with its own lab which will conduct day-to-day quality-based evaluations to ensure that the market will receive only high quality lubricants and oils. This means that they would be able to provide custom blends to the market according to particular customer specifications instead of a ‘one size fits all’ approach; the first service of this nature in Jamaica.

PTL adds that blending their lubricants and oils in Jamaica on this large scale will give them additional opportunity to further contribute to the GDP through not only manufacturing but, also through potential exports to the wider region. Paramount Trading (Jamaica) Limited alongside Allegheny Petroleum, aims to make Altra the strongest lubricant brand in Jamaica.