PM Rowley Meets With Proman

Prime Minister Dr. Keith Rowley met with David Cassidy, Chief Executive of Proman and his executive team at the energy company’s headquarters in Zurich, Switzerland today (Monday 5 September, 2022).

He was accompanied by Minister of Energy and Energy Industries, Stuart Young.

A statement from the Office of the Prime Minister said Trinidad is a key centre of Proman’s operations with 14 petrochemical plants owned and operated here, and 1,100 employees which is 67% of its global headcount.

During the meeting, the energy company reiterated its commitment to Trinidad and Tobago, highlighting its planned investment of US$1.1 billion over the next ten years for major plant maintenance turnarounds at Point Lisas. This investment will fund work on safety, reliability and greenhouse gas reduction initiatives.

Discussions also focused on Proman’s upstream company, DeNovo, its operations and opportunities for expansion of its acquisitions.

On Tuesday, Prime Minister Rowley and Minister Young will visit Proman’s operations in Germany.

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