Philippines sees 64% increase in cement imports for 1Q19
The domestic cement industry of the Philippines has reported a 64 per cent increase in imports during the first quarter of 2019. Data presented during the first public hearing ...
Philippines
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Republic Cement to co-process Nestlé Philippines' plastic waste
Nestlé Philippines and Republic Cement (CRH-Aboitiz) have entered into an agreement to co-process post-consumer plastic waste in the company’s cement kilns. "We are happy to...
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...
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 expec...
Republic Cement launches Kapit-Balay masonry cement
Philippine cement producer Republic Cement introduced its Kapit-Balay masonry cement to the market at its Partners’ Night at the Maayo Hotel, Mandaue City, Cebu. Kapit-Balay ...
Eagle Cement Corp achieve PHP1.59bn net profit in 1Q19
Eagle Cement Corp reported a net profit of PHP1.59bn (US$30.6m) in 1Q19. This was a rise of 49 per cent YoY driven by a double-digit growth in sales volumes and higher cement...
Philippine DTI: no price cap on cement for now
The Philippine Department of Trade and Industry (DTI) has rejected the call for a price cap on local cement at present, but it may take action when prevailing market prices rea...
Republic Cement launch Kapit-Balay masonry cement
Republic Cement has developed a new cement called Kapit-Balay masonry cement at its Danao City plant, Philippines. The product is designed to meet demand from Cebu's constructi...
Philippine cement shortage expected to delay construction
The current shortage of cement in the Philippines is likely to delay construction projects, according to Pronove Tai International Consultants. The property consultants estim...
Cemex Holding Philippines plans SRO
Cemex Holdings Philippines Inc plans to increase its capital stock by more than triple to raise finds through a potential stocks rights offering (SRO). "Cemex Holdings became ...