Holcim Philippines sees 29% fall in net profit
Holcim Philippines has reported a 28.7 per cent fall in its net profit to PHP501.54m (US$9.93m) for the first quarter of 2020, compared to PHP703.86m in the year-ago period. ...
Philippines
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Holcim Philippines funds local hospitals in COVID-19 fight
To contribute to the Philippine's fight against COVID-19, Holcim Philippines Inc is donating part of its corporate citizenship budget for funds towards medical supplies for ho...
Eagle Cement donates food packs to Bulacan residents
Philippines-based Eagle Cement has donated food packs to the residents of Bulacan, amidst the quarantine period in place due to the COVID-19 pandemic. With the assistance of...
Holcim Philippines closes Davao cement plant
The Philippines' leading cement-maker Holcim Philippines has suspended the operation of its manufacturing plant in Davao as the city was locked down until 19 April to contain t...
Holcim Philippines to increase AF use
Holcim Philippines plans to further increase its use of suitable and preprocessed waste as alternative fuel and raw material to reduce costs as well as help address the country...
Eagle Cement sees sales advance 20% in 2019
Philippines-based Eagle Cement Corp saw its net sales advance 20 per cent YoY to PHP19.82bn (US$387.78m) in 2019. Gross profit rose 20 per cent to PHP8.67bn, while net income r...
Republic Cement and Nestlé expand green cooperation
Republic Cement and Nestlé Philippines will be expanding their Plastic Neutrality Initiative to further reduce plastic waste in the country as the cement producer will co-proce...
Holcim, Cemex suspend Luzon output
Holcim and Cemex have suspended production at their operations in Luzon, the Philippines, to comply with social distancing and quarantine measures put in place by the country’s...
Holcim Philippines posts 41% net income advance in 2019
Holcim Philippines achieved a revenue of PHP33.5bn (US$660.4m) in 2019 despite a slow first half in terms of construction activity. However, the company’s operating EBITDA in...
AbaCore Capital signs joint venture agreement for cement project
Philippines-based AbaCore Capital Holdings Inc has received approval for a joint venture agreement with Honghui Pioneer S-Cement International Inc, which will facilitate the de...