Holcim Philippines sees 124% net income increase
Holcim Philippines reported a 124 per cent YoY increase in net income to PHP2.3bn (US$45.66m) in the first nine months of 2021, compared to PHP1.03bn in the year-ago period, on ...
Philippines
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Eagle Cement Corp announces 89% advance in profit
Philippine-based Eagle Cement Corp has seen its net profit surge 89 per cent to PHP5.1bn (US$101.76m) in the first nine months of 2021, against PHP2.7bn in the comparable period...
Big Boss Cement reportedly suspends operations
Philippine-based Big Boss Cement has reportedly suspended business operations, according to a source for The Philippine Daily Inquirer. The shutdown, taken so the company can re...
Eagle Cement Corp to consolidate raw material supply chain
The board of Philippines-based Eagle Cement Corp has approved the 100 per cent purchase of affiliate limestone quarrying firm, Solid North Mineral Corp (SNMC), in a PHP3.57bn (U...
CBMI progresses Solid K4 project despite pandemic
CBMI Construction Co Ltd (Sinoma) are pressing ahead with the Cemex Solid K4 New Line Project in the Philippines, despite the COVID-19 pandemic. Manila has received regular lock...
CeMAP records rising cement imports from Vietnam
The Cement Manufacturers Association of the Philippines, (CeMAP) Inc said Vietnam's cement exports to the Philippines rose 17 per cent YoY to 2.51Mt in the first four months of ...
Eagle Cement announces 181% rise in net income
Philippines-based Eagle Cement has posted a 181 per cent YoY increase in net income to PHP3.7bn (US$73.08m) in the first half of 2021, against PHP1.32bn in the corresponding per...
Holcim Philippines reports successful 1H21
Holcim Philippines posted net sales of PHP13.661m in the first half of 2021, up 19.6 per cent when compared with PHP11.419m in the 1H20. Operating EBITDA increased to 3.151m in ...
Holcim Philippines invests to improve sustainability
Holcim Philippines is set to invest PHP210m (US$4.18m) in projects to reduce the fuel consumption and increase mineral additive usage at its cement plants in Bacnotan, La Union,...
La Union plant receives ISO Certifications
The Holcim Philippines La Union plant has successfully secured the latest ISO certification for occupational health and safety management systems, and is being recertified for h...