Cement News tagged under: APO Cement

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APO Cement resumes operation of kiln lines

13 December 2018, Published under Cement News

APO Cement (Cemex) has resumed operation of its two kilns at its cement plant in the Philippines, two weeks after they were closed due to the unavailability of raw materials. The manufacturer will therefore reinstate the employees who were temporarily suspended, according to BusinessWorld. In addition, the company will no longer close its terminal in Davao City.

Apo Cement announces PHP10 price hike

19 November 2018, Published under Cement News

Philippines-based Apo Cement has announced a PHP10 (US$0.19) price hike on its cement products in some regions of the country, following the suspension of its main raw material supplier, APO Land & Quarry Corp. "APO Cement continues to adopt measures to cope with the challenges of not having equitable sources of raw materials to produce cement," stated the company. "APO is announcing a PHP10 increase per bag in its cement products in Cebu and other areas in the Visayas region starting ...

APO Cement announces job layoffs

14 November 2018, Published under Cement News

APO Cement is laying off 30 per cent of their regular employees and up to 40 per cent of their contractual workers. The announcement came as a shock to employees after the workers' general assembly meeting. The lay-offs will come into effect on 13 December 2018 and will last for at least six months. The decision stems from the suspension of the quarry operations of Apo Land and Quarry Corp (ALQC), the main supplier to APO Cement, which suffered a disruption to mining after a landslide in Na...

APO Cement Corp signs waste heat agreement with Sinoma Energy Conservation

29 March 2017, Published under Cement News

Cemex Holdings Philippines Inc subsidiary APO Cement Corp has signed an agreement with Sinoma Energy Conservation Ltd. of China to build and operate a 4.5MW waste-heat-to-energy (WHTE) facility in Naga, Cebu. This technology is expected to generate 25,000MW hours annually. The facility is expected to mitigate the negative effects of power service interruptions, help reduce dependence on high-cost power sources, and reduce the cement plant’s carbon footprint, the company said. "Promoting en...

Philippines: Cement firms win environmental and mining safety awards

07 December 2016, Published under Cement News

Apo Cement Corporation has won awards for safety and environmental standards at the Presidential Mine Safety and Environment Conference organised by the Philippine Mine Safety and Environment Association, the Manila Bulletin reports. The Cemex Philippines subsidiary received the Presidential Mineral Industry Environment Award (Platinum) for Mineral Processing and was declared winner for the Safest Mines Award in the Cement Plant category, with Taiheiyo Cement Philippines taking second pla...

Cemex Holdings Philippines set for record IPO

03 June 2016, Published under Cement News

Cemex Holdings Philippines Inc has obtained regulatory approval to launch an initial public offering (IPO) worth PHP39.74bn (US$854.3m), which could be the largest stock market debut in the country.   Cemex intends to use proceeds for repayment of up to US$504m of short-term loan from a related party. The debt was incurred in connection with the acquisition of operating subsidiaries—Apo Cement Corp and Solid Cement Corp —as part of a reorganisation. The Securities and Exchange Commi...

Philippines: Apo Cement Corp recognised for environmental stewardship

06 January 2016, Published under Cement News

Apo Cement Corp, a subsidiary of the Cemex Philippines, was recently recognised for its environmental stewardship, health and safety, and community development achievements. The Apo team received the awards from the Presidential Mineral Industry Environmental Award (PMIEA) committee during the 62nd Annual National Mine Safety and Environment Conference in November. The awards included the Presidential Mineral Industry Environmental Award 2015 – platinum award, best mining forest and safes...

Cemex completes Apo Cement expansion

05 May 2015, Published under Cement News

Cemex Philippines has inaugurated a new PHP3bn (US$67.3m) cement mill at its Apo Cement plant in Naga City, Cebu, as part of its comprehensive expansion plan in the country. President Benigno 'Noynoy' Aquino III was guest of honour at the 1May 2015 ceremony which coincided with Philippine Labor Day celebration. The mill increases the capacity of Cemex's Apo Plant by 1.5Mta, resulting in an additional 40 per cent of the company's capacity in the Philippines. "We are convinced that cement m...

Apo energy deal gets government approval

19 May 2014, Published under Cement News

The ancillary services procurement agreement (ASPA) between the National Grid Corp of the Philippines (NGCP) and Apo Cement Corp (ACC) has been approved by the Energy Regulatory Commission (ERC). The agreement states that ACC will provide ancillary services from its Apo Cement power plant with the capacity of 69MW. It may only nominate the available capacity of the said plant for the ancillary services. However, since the contract is on a nonfirm basis, it has the right not to nominate any...