Cement News tagged under: Holcim Philippines

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Three Holcim Philippines plants receive energy efficiency accolade

05 February 2015, Published under Cement News

Three cement plants owned by Holcim Philippines have been commended by the Department of Energy (DOE) for their respective energy saving initiatives. The Bulacan facility received its third consecutive Outstanding Award under the Don Emilio Abello Energy Efficiency Awards. The Lugait works in Misamis Oriental achieved its first Outstanding Award, while Holcim's Bacnotan, La Union plant received a citation. A total of 91 companies were recognised at the awards held in December. Holcim Ph...

Holcim Philippines board gives nod for Lafarge talks

29 October 2014, Published under Cement News

Holcim Philippines’ board of directors have authorised the company to “consider and negotiate the purchase” of Lafarge’s shares in Lafarge Illigan Inc, Lafarge Mindanao and Lafarge Republic Aggregates, Holcim said in a disclosure to the local stock exchange. Also included is Lafarge's stake in Star Terminal at the Harbour Centre in Manila, and "such other specific assets or contracts as may be identified or negotiated between the parties." Holcim President and CEO Eduardo A Sahagun told...

Strike threat at Holcim Bulacan cement plant eased

22 September 2014, Published under Cement News

Potential disruption at Holcim Philippines’ Bulacan plant has eased following fruitful conciliation talks facilitated by a team of conciliators from the National Conciliation and Mediation Board (NCMB) and the Office of the Department of Labor and Employment (DOLE) secretary Rosalinda Dimapilis-Baldoz. In a report filed yesterday to Baldoz, NCMB executive director Reynaldo, R Ubaldo, said that Regional Conciliation and Mediation Branch III director, Maria Teresita L Cancio, facilitated the...

Holcim Philippines 1H14 net profit up on strong sales

29 July 2014, Published under Cement News

Holcim Philippines booked a net profit of PHP3.32bn (US76.5m) in the first half of 2014, up 8.7 per cent compared to the same period of last year. The country’s largest cement producer registered record sales as construction activity went into full swing during the summer months. Second-quarter revenues rose YoY by 8.5 per cent to PHP1.8bn. “On top of the sustained government and private sector spending, we now see some major Private-Public Partnership projects being implemented in the ...

Record profits for Holcim Philippines

21 February 2014, Published under Cement News

Holcim Philippines registered record earnings and sales last year amid strong market conditions and effective cost management. Meanwhile, the company has said it will delay the construction of a new cement plant in Bulacan as its Swiss parent reorganises regional operations. “Our company benefited from the good business environment, which has allowed the construction boom to persist and cement demand to thrive. Credit should also go to our people, who did their part in attaining this recor...

Philippines: cement prices start to rise

04 February 2014, Published under Cement News

Local cement manufacturers raised prices from 1 February 2014 by an average of PHP8/40kg (US$0.17/40kg) bag of cement to PHP220 (US$4.85) from PHP212 (US$4.67) per bag amid strong demand for cement on huge government infrastructure projects on top of buoyant construction activities from the private sector. Cemex Philippines was the first to implement the price increase as part of its scheduled annual price rise. The two other multinational players, Lafarge Republic Inc and Holcim Philipp...

Holcim Philippines, lnc. scoops environmental award

31 December 2013, Published under Cement News

Holcim 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 demand

31 October 2013, Published under Cement News

Holcim 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 competition

23 August 2013, Published under Cement News

Holcim 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 profit

14 August 2013, Published under Cement News

Holcim 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...