Acquisition of Holcim Philippines may reduce cement prices
The Philippine’s Department of Trade and Industry (DTI) has stated that it expects San Miguel Corp’s recent acquisition of a majority stake in Holcim Philippines to result in lo...
Holcim Philippines
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LafargeHolcim signs agreement to sell Philippine operations
LafargeHolcim has signed an agreement with San Miguel Corp for the sale of its 85.7 per cent share in Holcim Philippines for an enterprise value of US$2.15bn. The deal is expect...
Bulacan plant wins tax incentives for new kiln line
Holcim Philippines has secured tax incentives for its new kiln line in Bulacan province. The Board of Investments approved the company's application to register as a new cement ...
Big Asian producers in the frame for Holcim Philippines acquisition
China's Anhui Conch Cement Co and Japan's Taiheiyo Cement Corp have been invited to the next round of bidding for LafargeHolcim's Holcim Philippines Inc, along with Eagle Cement...
CMR Philippines wins Holcim Lugait order
Automation and control systems specialist CMR Philippines has won the contract to supply and install new power monitoring technology at Holcim Lugait cement works in Misamis Ori...
Eagle Cement denies reports of Holcim Philippines acquisition
Eagle Cement Corp has released a clarification statement denying reports that it had submitted a bid for Holcim Philippines this week. The statement reads: "By way of clarificat...
Holcim Philippines reports 5% fall in net profit
Holcim Philippines has reported a five per cent fall in 2018 net profit to PHP2.55bn (US$49.3m), compared with PHP2.69bn of the previous year. However, the company also noted a ...
Holcim Philippines completes La Union expansion
Holcim Philippines has reported the completion the expansion project at its plant in La Union, Luzon, increasing capacity to 1.8Mta from 1Mta previously. The company completed t...
LafargeHolcim could seek up to US$2.5bn for its Philippines business
Shares of Holcim Philippines have been rising steeply as LafargeHolcim is believed to be considering the sale of its Philippines business unit to further reduce group debt. Lafa...
Holcim Philippines amends its Articles of Incorporation
The Securities and Exchange Commission has given Holcim Philippines Inc (LafargeHolcim group) approval to amend its Articles of Incorporation to provide technical support for re...