The new Asian paradigm
This week CemNet news reported on the latest developments in LafargeHolcim's (LH) sale of Holcim Philippines Inc. Shares in the company have risen 50 per cent since January 201...
Philippines
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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 Cemen...
Cement importers refute claims of sub-standard cement
Importers of cement into the Philippines have disputed claims that their cement fails to meet regulatory standards. "All legally-imported cement retailed in the Philippine ma...
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 Or...
Vietnamese exports rise 15% in February
Vietnamese exports have risen 15.2 per cent in volume and 36.3 per cent in value for February 2019, rising to around 2.5Mt and US$105m, respectively. The average export price h...
Eagle Cement records net profit increase in 2018
Philippines-based Eagle Cement Corp has recorded a 13 per cent YoY rise in net profit to PHP4.8bn (US$91.98m) in 2018, on the back of a double-digit expansion in sales volume. ...
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 clarific...
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 ...