DTI campaign against 'substandard' cement imports receives backing
Cement importers put their support behind the Department of Trade and Industry’s (DTI) campaign to prevent the entry of 'substandard' imported cement into the Philippines, repo...
Philippines
479 posts · Page 30 of 48
Eagle posts flat 2Q earnings
Eagle Cement Corp of the Philippines reported a one per cent rise in earnings for the second quarter of this year as wet weather affected results. Net profit edged ahead to P...
Philippine watchdog finds 'indications" of anticompetitive agreements
The Philippine Competition Commission (PCC) discovered in its ongoing full administrative investigation “indications of anticompetitive agreements” in the local cement industry...
Cemex Philippines reports drop in net income
Cemex Philippines saw its net income fall by 69 per cent in the 2Q17 to PHP136.5m (US$270m) from PHP436.1 in the same period of 2016 as demand softened and cement prices eased....
Holcim Philippines to invest US$54m in the next 2 years
Holcim Philippines Inc plans to invest US$54m over the next two years to increase its capacity to 12Mta to support the government’s flagship infrastructure projects. The com...
Philippine Trade Secretary defends import order
Philippine Trade Secretary, Ramon Lopez, has defended the legality and fairness of the recently-issued administrative order on cement importation following attacks on the order...
Philippines: gearing for growth
Cement producers in the Philippines are gearing for growth, outlining new plant projects to ensure they are prepared to address the demand of anticipated public and private inf...
Eagle Cement reports 30% 1Q earnings rise
Earnings of the newly-listed Eagle Cement Corp in the Philippines increased by 30 per cent in the first quarter of 2017, driven by a rise in sales volume during the first three...
Republic Cement outlines capacity development plans
Philippine-based Republic Cement group, a joint venture between CRH and local conglomerate Aboitiz Equity Ventures, has announced plans to invest an initial US$300m for its cap...
BOI seeks further industry investments
The Philippine Board of Investments (BOI) is seeking investment in the cement sector as it expects demand to hit 40Mta by 2020 due to a peak in government infrastructure spendi...