Cement News tagged under: Philippines

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Cemex considers exiting Phillipines

03 April 2023, Published under Cement News

Cemex is considering exiting the Philippines as part of its ongoing strategy to focus on markets with higher growth and lower risk. Cemex currently owns 89.86 per cent of Cemex Holdings Philippines (CHP) through Cemex Asian South East Corp (CASEC) and runs two plants, located in Antipolo and Cebu , with a total production capacity of 5.7Mta. According to Bilyonaryo, CHP has struggled to pay the US$280m loan it borrowed to finance the expansion of its Antipolo works in 2017, with the ...

Holcim Philippines reiterates commitment to decarbonisation

02 March 2023, Published under Cement News

Holcim Philippines, Inc has reiterated its readiness to support partners in decarbonising construction and putting up affordable homes and called for cooperation to accelerate the shift towards more sustainable practices. Holcim Philippines’ president and CEO, Horia Adrian, emphasised the important role of the construction industry in reducing the country’s carbon emissions. He noted that building materials account for 30 per cent of the carbon footprint of structures so it is necessary...

Cebu cement production on the rise

17 February 2023, Published under Cement News

The Philippines welcomed a new cement producer to its market this week as Century Peak Cement Manufacturing Corp (CPCMC), a subsidiary of Century Peak Holdings Corp, received a licence to sell cement in the archipelago of Visayas. The new player's entry comes just as the government's affordable housing programme and road transport projects are expected to increase cement demand. The new PHP10.9bn (US$198.8m) Pinamungajan cement plant in Cebu has 1Mta cement capacity. The factory is situated...

Century Peak Cement announces first sales

13 February 2023, Published under Cement News

Century Peak Cement Manufacturing Corp  (CPCMC), a subsidiary of Century Peak Holdings Corp (CPM), has begun selling cement in Visayas, an archipelago in the Philippines, having received the quality standard certification for its products. According to Manila Bulletin, the company’s plant in Pinamungajan, Cebu, has its own pier to enable efficient distribution via barge anywhere in the country.  “We are looking at the markets where we can make an impact and the Visayas region, particular...

CEMEX Philippines signs biosolids partnership

08 February 2023, Published under Cement News

CEMEX Philippines and Manila Water Co recently signed a partnership allowing the use of biosolids as alternative fuels, a first in the Philippines and a major accomplishment in helping address climate change in alignment with the Philippine government’s policy.   Biosolids are organic materials coming from a sewage treatment process. Wastewater undergoes full treatment and clean water is discharged to rivers, and byproducts such as biosolids can be turned into useful resource, such as ...

CASEC to increase stake in CEMEX Philippines

27 January 2023, Published under Cement News

CEMEX Asian South East Corp (CASEC) is increasing its stake in CEMEX Holdings Philippines Inc (CHP) from 77.89 per cent to 89.86 per cent by acquiring an additional 11.97 per cent through a PHP2.1bn (US$38.5m) tender offer, reports Manila Bulletin. In a disclosure to the Philippine Stock Exchange (PSE), CEMEX said the tender offer will reduce its public float from the current 22.11 per cent to 10.14 per cent, However, it noted that the tender offer is not being made with the intention ...

CEMEX Phillipines and Manila Water Co collaborate on sustainability

18 January 2023, Published under Cement News

CEMEX Holdings Philippines (CHP) has signed a Memorandum of Understanding (MoU) with Philippines-based Manila Water Co to collaborate on sustainability initiatives. Under the MoU both parties will look to accelerate their sustainable objectives on circular economy through the use of biosolids as alternative fuels, reports Manila Bulletin. They will also explore partnering on innovations in sustainable products and services, protection and rehabilitation of biodiversity, and clean energy an...

Holcim Philippines embrace drones and digitalisation for maintenance

16 January 2023, Published under Cement News

Holcim Philippines has started to harness advanced technology as part of its regular maintenance programme in plants and manufacturing sites. Drones inspect the La Union facility in Bacnotan, allowing the operator to take notes of maintenance actions to be taken. Using drones for regular and periodic maintenance has eliminated health and safety risks from having people conduct visual inspections in remote spaces. The drone also allows for higher frequency of checks and reduces equipment ...

CEMEX Philippines' low-carbon cements get government approval

05 January 2023, Published under Cement News

CEMEX Philippines has become one of only three cement companies in the country to be given accreditation and authorisation to have its blended hydraulic cement Type IT used in government infrastructure projects, reports Inquirer.net. According to an announcement by the Department of Public Works and Highways (DPWH), blended hydraulic cement Type IT can be used in public works as long as it has the requisite certification in accordance with PNS 63:2019, and must be utilised according to DPW...

DTI imposes definitive anti-dumping duty on Vietnam exporters

30 December 2022, Published under Cement News

The Cement Manufacturers Association of the Philippines (CeMAP) welcomed the imposition of definitive anti-dumping duties against cement imports from Vietnam, according to a report in the Manila Bulletin. In a statement, CeMAP reiterated its view that there is sufficient domestic capacity to serve local demand for cement. It claimed that even without cement imports, the domestic industry is highly competitive with 14 integrated cement plants operating in the country, with further capacity...