Cement News tagged under: Philippines
Cemex supports Typhoon Haiyan reconstruction efforts, Philippines19 March 2014, Published under Cement NewsCemex’s global internal fundraising campaign raised US$500,000 in donations from its employees and the company’s two-to-one matching contribution. In the wake of Typhoon Haiyan in the Philippines, Cemex launched a global internal fundraising campaign that amassed US$500,000 in donations from its worldwide employees and the company’s two-to-one matching contribution. These donations are now being used to launch reconstruction projects in some of the most affected areas of the country. “We f... |
Southeast Asian advances07 March 2014, Published under Cement NewsSoutheast Asia continues to be a hive of cement activity and recent commentary by local producers suggests the prospects remain promising for certain key markets through 2014. Philippines: new capacity on the way The outlook for the Philippines remains upbeat for 2014, driven by government infrastructure spending and private sector projects. Last year cement sales rose by 5.9 per cent to 18.4Mt, according to local association CeMAP. A rise in construction activity and an increase in the ... |
Philippine producers scale back prices06 March 2014, Published under Cement NewsPhilippine cement producer have reduced cement prices by an average of PHP3/40kg bag after the an industry-wide planned increase could not be supported due to stiff competition, and following the issue of a show cause order from the Department of Trade and Industry (DTI) for unwarranted price hikes. DTI Undersecretary Victorio Mario A Dimagiba told reporters the price reduction was implemented last week and cement prices are now under ‘special monitoring’. Dimagiba said that a number ... |
Cemex upbeat on Philippine market outlook05 March 2014, Published under Cement NewsCemex Philippines remains optimistic that growth in the domestic cement sector will continue to grow this year on the back of the robust construction industry and high government spending. “We expect the growth to continue this year,” Paul Arcenas, Cemex Philippines vice president for strategic planning told the Sun.Star newspaper yesterday. To meet expected rises in demand, the company is allocating US$80m to finance an additional 1.5Mta of capacity in its Naga plant this year as well as ... |
Lafarge Republic Norzagaray mill scheduled for mid-2015 completion27 February 2014, Published under Cement NewsLafarge Republic’s Inc's (LRI) new cement mill at its Norzagaray cement works is expected to be operational by June 2015. The new mill will have a capacity of 850,000tpa and will come online just six months after a similar new mill is commissioned at the company’s Teresa works. "In spite of the recent calamities that struck the central and southern portions of the country, the Philippine economy has demonstrated resiliency and LRI will be there to rebuild damaged homes and build new homes... |
Record profits for Holcim Philippines21 February 2014, Published under Cement NewsHolcim 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... |
DTI steps up monitoring of reported price hikes10 February 2014, Published under Cement NewsThe Philippines' Department of Industry is stepping up its monitoring of cement prices following recent reports of price hikes. "Our monitoring teams in all provinces and regions have been notified to conduct daily monitoring activities over the next two weeks on prices of cement bags," Victorio Mario Dimagiba, officer-in-charge of the DTI Consumer Protection Group told local press. The DTI will issue show-cause orders to retailers, manufacturers, importers and distributors found to hav... |
Philippines: cement prices start to rise04 February 2014, Published under Cement NewsLocal 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... |
CeMAP recognised for sustainability efforts03 February 2014, Published under Cement NewsThe Cement Manufacturers’ Association of the Philippines (CeMAP) has been recognised for its sustainable development initiatives, beating 38 other industry organisations in the Sustainable Development Initiatives Recognition Awards spearheaded by the Federation of Philippine Industries (FPI). CeMAP was adjudged the “Most Outstanding Industry Association in the Optimum Use of Resources” category in the recently-concluded FPI Manufacturers and Producers Summit held at the Hotel Intercontinent... |
Philippine cement sales advance 6% in 201330 January 2014, Published under Cement NewsPhilippine cement sales increased by 5.9 per cent YoY on the back of increased infrastructure activity, the Cement Manufacturers Association of the Philippines (CeMAP) has said. Local cement producers saw sales grow to 19.4Mt from 18.4Mt the year before, according to Ernesto M. Ordoñez, president of CeMAP. In the fourth quarter alone, cement sales advanced by 2.1 per cent to 4.5Mt from 4.4Mt a year earlier. Mr Ordoñez attributed the increase to “continued confidence in government and la... |