Cement News tagged under: Phinma Group

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Phinma Corp will bring panamax vessels to Mariveles Terminal

18 April 2018, Published under Cement News

The Phinma group will invest PHP500-700m (US$9.5-13.4m) on its Bataan cement terminal in Philippines. The Mariveles cement terminal will be ideal for large panamax vessels and is set from completion in May 2019. "In the meantime, we're already beginning to import," said Phinma Corporation president and CEO, Ramon Del Rosario Jr. "I think we already brought in the first four shipments of two million bags." The aim is to supply only the domestic market at this stage. "Initially, that's ...

Phinma Group plans new capacity

26 March 2018, Published under Cement News

Phinma Group has announced plans to return to the Philippine cement market, according to the Business Inquirer. The company is constructing a 2Mta plant in Bataan, which is expected to be operational by the 1Q19. Registered by Phinma in September 2017, Philcement has begun supplying the market to prepare the distribution network for when the new plant comes online. The company’s flagship brand, Union Cement, has been reintroduced into the market as part of the project. According to Ed...