Holcim Philippines contracts Huaxin for US$245m project
China’s Huaxin Cement has announced that it has been contracted to build and renovate cement production lines and supporting facilities for Holcim Philippines. The US$245m engin...
Philippines
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Holcim Philippines to raise capacity to 13Mta by 2020
Holcim Philippines (LafargeHolcim group) is investing US$300m to raise its cement capacity in the country by 30 per cent to 13Mta by 2020. Holcim Philippines informed the Philip...
Republic Cement CEO elected head of ECCP
The President of Republic Cement, Nabil Francis, has been elected as the new head of the European Chamber of Commerce of the Philippines (ECCP). "At Republic Cement, we recognis...
Solid Cement borrows US$75m from related company
Solid Cement, an operating subsidiary of Cemex Holdings Philippines, is borrowing US$75m of subordinated revolving credit from Cemex Asia. The money will be used to refinance ex...
Cemex Philippines shuts down kiln and Davao terminal
APO Cement (Cemex group) in the Philippines has closed its Davao cement terminal and suspended one kiln line at its Cebu plant following the suspension of mining operations at A...
Apo Cement announces PHP10 price hike
Philippines-based Apo Cement has announced a PHP10 (US$0.19) price hike on its cement products in some regions of the country, following the suspension of its main raw material ...
APO Cement announces job layoffs
APO Cement is laying off 30 per cent of their regular employees and up to 40 per cent of their contractual workers. The announcement came as a shock to employees after the worke...
Eagle Cement sees 6% rise in 9M net profit
Eagle Cement Corp reported in the 9M18 net sales of PHP12.2bn (US$229.2m), up nine per cent YoY from PHP11.2bn in the 9M17. Strong sales and stable prices supported the rise in ...
Siam Cement Group's Philippine sales rise 46% July-September 2018
Siam Cement Group (SCG) of Thailand has reported a cement sales increase between July-September 2018 of 46 per cent, boosted by the government's 'Build, Build, Build' in the Phi...
Cemex to invest US$235m in Philippine expansion
Cemex Holdings Philippines plans to expand capacity at its subsidiary’s facility in Antipolo City, Rizal, at an estimated investment cost of US$235m. Solid Cement Corp has signe...