Cement News tagged under: Philippines

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Indonesia, Malaysia and Taiwan top Vietnam export table

12 November 2014, Published under Cement News

Indonesia, Malaysia and Taiwan were the largest importers of Vietnamese clinker and cement in the first nine months of this year, according to data released by the Vietnamese Ministry of Industry and Trade. During the period, Indonesia imported 1.76Mt of clinker and cement worth US$83m from Vietnam, while Malaysia acquired 1.05Mt worth US$52m and Taiwan purchased 969,678t worth US$41.7m. Following on were the Philippines with 816,060t worth US$31.2m and Cambodia with 389,373t worth US$2...

Holcim

03 November 2014, Published under Cement News

ACC Ltd in India increased cement deliveries in the three months to the end of September by 2.6 per cent to 5.546Mt, while the nine-month figure was off by 0.5 per cent at 18.08Mt. The turnover for the nine months fell by 2.7 per cent to INR82.15bn (US$1.3bn), with EBITDA falling by 29.7 per cent to INR12.682bn and the pretax profit declining by 15.3 per cent to INR9.764bn. At the net attributable level, however, there was a 1.2 per cent improvement to INR8.19bn. Expansion work at the Jamul...

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...

Cemex recognised as employer of the year in the Philippines

28 October 2014, Published under Cement News

Cemex recently won the top recognition by the People Management Association of the Philippines (PMAP) for human resource excellence at its APO Cement Plant in the Philippines. PMAP’s Employer of the Year Award annually recognises outstanding achievers whose leadership, dynamism, and professionalism measure up to the high standards of PMAP, Cemex said in statement. “As we continue to grow as a building solutions provider, we also grow with our people. Our employees are the organisation’s...

Philippine quarterly cement sales up 11.9% on favourable weather

27 October 2014, Published under Cement News

Philippine cement sales in the third quarter of 2014 rose 11.9 per cent to 5.4Mt from 4.8Mt a year earlier, a preliminary report from the Cement Manufacturers' Association of the Philippines (CeMAP) revealed. According to CeMAP president Ernesto Ordoñez, the pick up in cement consumption was due to better weather, a factor that may have affected sales, which were stunted, in the second quarter. “Better weather also contributed to improved sales. Companies are able to finish projects as s...

SCG Philippine operations post higher sales

20 August 2014, Published under Cement News

Siam Cement's operations in the Philippines posted stronger sales of cement, building materials and tiles in the first half of 2014, the Thai conglomerate said in a statement. The group reported a nine per cent YoY increase in the consolidated sales of its Philippine subsidiaries for the second quarter, amounting to US$38m. Contributions from the Philippine operations brought up its overall revenue from Southeast Asia by 17 per cent in the second quarter to US$3.85bn. However, its profi...

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 ...

Philippine cement sales growth continues

24 July 2014, Published under Cement News

Cement sales in the Philippines rose 3.2 per cent in the second quarter of this year, underpinned by public works projects and private sector construction activity. Latest figures from the Cement Manufacturers Association of the Philippines (CeMAP) show that member-companies sold 5.52Mt in the three months to the end of June 2013 compared to 5.349Mt in the same period of last year. First half sales rose six per cent to 10.718Mt versus 10.136Mt in 1H13. CemMAP president Ernesto Ordo...

Philippines: Manila firm eyes plant in Cebu town

11 July 2014, Published under Cement News

Explorations have begun for the establishment of a cement plant in the southwestern Cebu town of Pinamungahan in The Philippines. Glenn Baricuatro, Pinamungajan mayor, said that Century Peak Corporation, a Manila-based cement company, has been conducting exploration for nearly a year in the municipality's mountain areas in the municipality to determine mineral deposits for cement production. Mr Baricuatro said the establishment of a cement factory in his town would spur economic activities...

The Philippines: Iloilo infrastructure projects run out of cement

11 July 2014, Published under Cement News

Shipment delays as well as simultaneous infrastructure projects in Iloilo and other provinces have led to a shortage of cement in Western Visayas, Philippines. Wilhelm M Malones, acting director of the Department of Trade and Industry in Western Visayas, said the shortage is due to delays in shipping of cement and the rush to complete major infrastructure projects in Iloilo City. “It may have started when a contractor of a major project in the city ordered 5000 bags of cement from a manuf...