Cement News tagged under: Philippines
Cemex Philippines wins Sopi safety award08 July 2014, Published under Cement NewsThe Safety Organisation of the Philippines Inc (SOPI) recently cited Cemex with an Outstanding Road Safety Programme award for the cement company's consistent efforts in promoting a culture of safety in its operations and surrounding communities. “At the end of the day, our goal is always to go home safe. We want everybody to go home unharmed to their families. We at Cemex live and breathe our commitment to safety which is ‘Ligtas 24-Oras.’ We will always raise the bar when it comes to impr... |
Holcim and Lafarge announce proposed asset disposals07 July 2014, Published under Cement NewsTwo months after the announcement of their planned merger, Lafarge and Holcim have revealed the list of proposed divestments. In Europe the merged entity aims to have “a significant and balanced industrial base in Europe – around 20 per cent of its revenues – within its overall global footprint, enabling it to take advantage of the European economic recovery,” according to a joint statement. LafargeHolcim plans to sell Lafarge’s Mannersdorf works in Austria as well as the Lafarge Tarmac a... |
Philippines: Lafarge and Holcim start talks07 July 2014, Published under Cement NewsLafarge Republic Inc (LRI) and Holcim Philippines Inc have begun plans for a local merger. Both Boards of Directors gave the green light "to explore, study and consider the combination" of their businesses "in order to avail... of the resulting synergies and opportunities... and in the course of such study, determine optimal structures to implement the combination". Discussions opened in a special meetings on 6 July. Both companies said "it is contemplated LRI's two plants in Norzagaray, B... |
LH Merger update: plants for sale07 July 2014, Published under Cement NewsFinally, exactly two months after the first official announcement of their 'merger of equals', Lafarge and Holcim clarify which plants are likely to be put up for sale. No surprises for those who've been following our coverage of the deal to date with divestments slated for Austria, France, Germany, Romania, Hungary and the UK in Europe; Canada - but not the USA - in north America; Brazil in Latin America; Philippines in Asia; Reunion and Mauritius in the Indian Ocean... We summarise the... |
LH Merger: LatAm, Asia, Africa07 July 2014, Published under Cement NewsThe Lafarge Holcim merger is being viewed as a good geographical fit in emerging markets given Lafarge’s strong presence in the Middle East and Africa, and Holcim’s significant exposure to Latin America and the Asia-Pacific region. However, regional overlaps in certain key markets are likely lead to the expected disposal of assets. Latin America Moves to address anti-trust concerns already appear to be underway with Lafarge last month confirming the sale of its cement operations in Ec... |
Lafarge Republic expansion on track for 1H15 completion28 May 2014, Published under Cement NewsLafarge Republic is on track to launch new mills at its Teresa and Norzagaray cement plants in the first half of next year, its president has said. "For 2015, Lafarge Republic, Inc. is putting up new cement grinding mills in Teresa plant and Norzagaray plant and targeting to start operating them by January 2015 and second quarter of 2015, respectively," said Renato C. Sunico, president of Lafarge Republic, Inc. Both new grinding mills are designed with capacity of 850,000tpa, These will... |
Lafarge Republic & Global Power team up for special cement variant26 May 2014, Published under Cement NewsLafarge Republic, Inc (LRI) and Global Business Power Corporation (GBPC) have launched an initiative aimed to lower the costs of rehabilitation projects, such as the rebuilding efforts for Yolanda- and the Bohol earthquake-affected areas of the Philippines, through the introduction of a special cement variant called “Kapit–Balay” cement. Kapit-Balay cement is a result of the Total Ash management partnership between LRI and GBPC. Under this collaboration, Lafarge utilises the fly ash from GB... |
Apo energy deal gets government approval19 May 2014, Published under Cement NewsThe ancillary services procurement agreement (ASPA) between the National Grid Corp of the Philippines (NGCP) and Apo Cement Corp (ACC) has been approved by the Energy Regulatory Commission (ERC). The agreement states that ACC will provide ancillary services from its Apo Cement power plant with the capacity of 69MW. It may only nominate the available capacity of the said plant for the ancillary services. However, since the contract is on a nonfirm basis, it has the right not to nominate any... |
Philippine producers step up alternative fuels efforts14 May 2014, Published under Cement NewsPhilippine cement producers are stepping up their efforts to increase their use of alternative fuels in a bid to reduce production costs and minimise environmental impact. “Energy makes up 63 per cent of cement production cost, or 40 per cent of total cost in operations. We must find alternatives that will be beneficial not only to us but to the environment as well,” Ernesto Ordoñez, president of the Cement Manufacturers' Association of the Philippines (CeMAP) told the Manila Bulletin. ... |
Philippine sales climb in first three months30 April 2014, Published under Cement NewsSales of local cement manufacturers grew by 8.6 per cent to 5.2Mt in the first three months of the year, on the back of continued growth in the construction and real estate industries. Cemap president Ernesto Ordoñez told the Philippine Inquirer that the increase in sales could be attributed to the hike in infrastructure spending by the government, as well as the continued spending and the confidence shown by the private sector in the local economy. Going forward, Ordoñez added that C... |