Cement News tagged under: Holcim Philippines
Holcim Philippines, lnc. scoops environmental award31 December 2013, Published under Cement NewsHolcim Philippines, Inc. received eight awards at the Annual National Mine Safety and Environment Conference (ANSMEC) Awards Nights, including the highest honour for excellence in environmental management, safety and health, and social and community development. Holcim Philippines’s plant in Lugait, Misamis Oriental received the Presidential Mineral Industry Environmental Award (PMIEA), while the company’s facilities in Bacnotan, La Union Norzagaray, Bulacan and Davao City received Platinu... |
Holcim Philippines boosted by higher demand31 October 2013, Published under Cement NewsHolcim Philippines has reported a 34.2 per cent increase in third-quarter earnings driven by stronger sales revenue and cost-cutting and efficiency improvement measures. Net sales in the July-September quarter rose by more than seven per cent to PHP6.86bn on the back of steady demand and prices as private and public sector projects remained strong. Holcim country CEO, Eduardo Sahagun, said that the robust construction activity had led demand to exceed expectations in the third quarter. ... |
Holcim Foundation's US$2m competition23 August 2013, Published under Cement NewsHolcim Philippines has announced the start of its 4th International Holcim Awards on Sustainable Construction. The search is now on for the best ideas on how the construction industry can improve sustainability with a grand prize of US$2m awaiting the competition winner. A global independent panel of experts from renowned technical universities will validate the entries. Beng Prado, vice president for corporate communications, said that projects must have reached an advanced stage of design... |
Holcim Philippines reports strong 2Q net profit14 August 2013, Published under Cement NewsHolcim Philippines reported better-than-expected rise in second quarter net profit on the back of seasonal demand and effective cost controls. It is now preparing to restart its Batangas grinding unit next month to better serve expected rises in demand from the public and private sector. Net income rose 33.88 per cent to PHP1.62bn (US$37m) in the April-June 2013 period from PHP1.21 as construction picked up during the summer months, supported by steady plant operations and improved cost man... |
Cemex Philippines waste-to-energy plans03 July 2013, Published under Cement NewsCemex Philippines is looking into burning solid waste fuel at its plant in APO Cement plant in Naga City, southern Cebu. Rolando Vera Cruz, sustainability director of Cemex Philippines, told The Sun Star that the company hopes to process 300t of waste a day, equivalent to 15 per cent of the total waste generated by the Cebu province. Cemex has joined forces with two waste material recovery facilities, one in Naga City itself and the other in Cebu City. Mr Vera Cruz said the programme has ... |
Cement producers explain price hikes, Philippines27 May 2013, Published under Cement NewsThree of the largest cement producers in the Philippines have begun submitting documents to the Department of Trade and Industry (DTI) to explain recent rises in cement prices. Trade Undersecrertary Zenaida C. Maglaya told reporters that Holcim Philippines, Lafarge Republic and Cemex Philippines have started submitting documents to support the adjustment in prices which have risen above the Suggested Retail Price (SRP) of PHP205-210/bag. Holcim reportedly raised its price to PHP216/bag... |
Holcim Philippines to tap debt market27 May 2013, Published under Cement NewsHolcim Philippines is considering the debt market to fund its new US$450-550m cement plant in Norzagaray, Bulacan, the company's chief has said. Speaking to local press, Eduardo Sahagun, president and CEO, said that part of the funds to construct a 2.5Mta plant will come from internally generated income while the bulk will come from the debt market, most likely from local sources. The company will decide how much to raise during the fourth quarter of this year. “We have no debt at the... |
Holcim Philippines gets go-ahead for new plant09 May 2013, Published under Cement NewsHolcim Philippines has received approval from its Swiss parent company to construct a US$550m cement plant in Bulacan, to support brisk private and public-sector investment. Speaking to local press, the company's CEO, Ed Sahagun, said the new plant will have a capacity of 2.5Mta and is expected to come on-stream in 2016. “The timing of the construction of new plant is perfect because the country is doing well in a lot of aspects,” Mr Sahagun said. The company is currently resuming oper... |
DTI requests further information on Philippine pricing06 May 2013, Published under Cement NewsPhilippine cement producers have until next week to provide the Department of Trade and Industry (DTI) with further information explaining reasons behind their higher selling prices. Last month the DTI asked Holcim Philippines, Lafarge Republic Inc, Cemex Philippines and Eagle Cement Corp to explain why cement is being sold above the recommended retail price of PHP205-PHP210/bag. Trade undersecretary Zenaida Maglaya has since told The Philippine Star that while three of the four cement... |
DTI probes Philippine cement price hike09 April 2013, Published under Cement NewsThe Department of Trade and Industry (DTI) has asked Philippine cement manufacturers to explain why prices have risen from a year ago and are above the suggested retail price (SRP). Trade undersecretary Zenaida Maglaya cited Holcim Philippines Inc which has raised its selling price to PHP218/bag (US$5.3) from PHP195 (US$4.7) last year. Similarly, Lafarge Republic and Cemex both raised their selling prices to PHP220/bag from PHP205 and PHP195/bag, respectively, Maglaya told reporters afte... |