Cement News tagged under: Holcim Philippines
Holcim Philippines sees surge in full-year net profit28 February 2013, Published under Cement NewsHolcim Philippines has reported an 80 per cent YoY rise in net profit as it gains from improvements in operating and process efficiencies as well as a strong rebound in local demand. Net profit for the 12 months to the end of December 2012 climbed to PHP3.63bn from PHP2.03bn the year before. Revenues also rose 25.62 per cent from PHP21.62bn to PHP27.16bn. The company’s chief executive officer Eduardo Sahagun said that 2012 was one of the domestic industry’s best years, as overall growt... |
Philippines: strong cement sales expected in 201308 January 2013, Published under Cement NewsThe Philippine cement sector is looking forward to higher sales this year as private sector projects and increased government spending on infrastructure are expected to continue driving drive demand. “2013 is going to be a strong year for sales,” Ernesto Ordoñez, president of the Cement Manufacturers’ Association of the Philippines told the Philippine Star. Mr Ordoñez said that higher sales would be supported by the government’s plan to spend more for infrastructure projects. “Th... |
Holcim sells stake in power generation subsidiary, Philippines04 January 2013, Published under Cement NewsTrans-Asia Oil and Energy Development Corp (TA Oil) has acquired the stake of partner Holcim Philippines Inc in a power plant in Bulacan province. In a disclosure to the Philippine Stock Exchange, TA Oil said that it "signed a share purchase agreement for the purchase by Trans-Asia of Holcim's 50 per cent stake in Trans-Asia Power Generation Corporation." The deal gives Trans-Asia full ownership of the power firm. Prior to the conclusion of this transaction, Holcim was in a joint ventu... |
Holcim Philippines to boost cement capacity31 October 2012, Published under Cement NewsHolcim Philippines has announced that it is planning to invest US$350m-450m in a new 2Mta cement plant to meet long term domestic market needs. Speaking at a press briefing, Holcim Philippines COO Roland van Wijnen said that the company has been in the process of increasing its capacity in line with recent strong gains in local consumption. It has begun reactivating its idle facilities beginning with its terminal in Calaca, Batangas last year and its grinding plant in Mabini will be operati... |
CeMAP’s solid waste management efforts, Philippines05 October 2012, Published under Cement NewsThe Cement Manufacturers’ Association of the Philippines cited the effectiveness of partnership in co-processing waste following the success of its solid waste management project in Teresa, Rizal. “Co-processing waste is a service that is offered by many of CeMAP members and the technology has effectively worked while keeping the same levels of quality of the cement produced,” said CeMAP president Ernesto Ordoñez. “The waste materials included are primarily plastics and combustible resi... |
Holcim Philippines names new CEO12 September 2012, Published under Cement NewsHolcim Philippines Inc has announced the appointment of Filipino executive Eduardo Sahagun as its new chief executive officer, effective 1 January 2013. The current president, Magdaleno Albarracin Jr. and expatriate chief operating officer Roland van Wijnen will step down on 31 December and 31 January 2013, respectively. “There is no doubt that Ed is the right man to lead Holcim Philippines at this time … (he) has certainly contributed much towards helping shape Holcim Philippines t... |
Holcim Philippines to construct waste heat facility06 August 2012, Published under Cement NewsHolcim Philippines will construct a waste-to-energy facility to reduce the demand for coal as a cement plant fuel in Davao City. Roland Van Wijnen, chief operations officer of Holcim Philippines, said that the facility will include structures and buildings which are aimed at storing more rice husks, identified as a viable fuel alternative for the cement plant. The plant consumes about 600t of coal to power its cement plant, and only about five per cent are alternative fuel. “Coal eats up... |
New order for Fritz & Macziol Asia from Holcim, Philippines02 July 2012, Published under Cement NewsFritz & Macziol Asia, Inc in Manila was recently awarded with the implementation of Fritz & Macziol’s dispatch and logistics solution VAS® in all four Holcim cement plants and in one terminal in the Philippines. “With automated truck weighing process, we will be able to spend more time in value-adding processes and spend more time with our customers and business partners,” said Holcim Philippines Logistics Head Rey Cervera. The VAS® solution delivers seamless integration of logistical ... |
Philippine cement prices edge towards peak levels31 May 2012, Published under Cement NewsPhilippine cement prices are edging up to highs last seen in 2010 of PHP215-220/40kg bag due to higher input costs and increasing demand. Data from the Philippine Department of Trade and Industry showed that the price of cement is PHP205/40kg bag for the Republic and Rizal brands, higher than the PHP185-190 price range in May 2011. “We have managed to increase prices but current level is still lower by 3-5 per cent compared to 2010 suggested retail price due to high input costs and in... |
Philippines: Holcim to reopen Batangas grinding station03 May 2012, Published under Cement NewsHolcim Philippines is reopening its grinding plant in Mabini, Batangas, next year because of the strong local demand for cement. Holcim said it is optimistic that demand for cement will continue to flourish, especially with the government's infrastructure projects and boom in housing. Upon its reopening in 2013, the grinding plant with an existing capacity of 7.7Mta Holcim will spend around PHP400m (US$9.4m) to rehabilitate the factory with an additional 0.5Mta capacity. The Mabini pla... |