Philippines: Holcim to reopen Batangas grinding station
Holcim Philippines is reopening its grinding plant in Mabini, Batangas, next year because of the strong local demand for cement. Holcim said it is optimistic that demand for ce...
Philippines
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Chinese firm to buy 60% of Vulcan Mining for US$21m
Philippines' China Trend and its owner William Chan Wai Keung have further raised their planned investment in Vulcan Industrial & Mining Corporation by signing an agreement to ...
Cemex
Cemex is to construct a waste heat recovery plant at its Solid Cement’s Antipolo works in the Philippines. This will have a capacity of 6MW and is being constructed by a Chines...
Changes to Philippine prices
Local cement producers, including global majors Cemex and Lafarge, have raised prices in the Philippines by PHP5/40kg bag due to rising fuel prices and the beginning of the pea...
Holcim Philippines forecasts moderate 2012 growth
Holcim Philippines expects to achieve growth of 5-6 per cent this year, chief operations officer Roland van Wijen has said, following a challenging 2011. Last year the compa...
Cemex Philippines signs deal for WHR plant
Cemex Philippines is to construct a waste heat recovery power plant at its Solid Cement plant in Antipolo City, Rizal Province. Cemex regional president for Asia, Joaquin Migu...
Holcim Phillippines expects sales recovery
Holcim Philippines Inc expects sales to recover this year on positive economic indicators alongside an anticipated early-spending boost in the run up to the 2013 elections, rep...
Siam raises stake in Philippine firm, mulling Myanmar plans
Thailand’s Siam Cement has reached a deal to raise its stake in a listed Philippine building materials firm from 40 per cent to 80 per cent in a deal valued at THB1bn (US$33m)....
Weak demand and high input costs hit Holcim Philippines earnings
Holcim Philippines posted a net earnings of PHP2.03bn, down 47.27% from the PHP3.85bn it earned in 2010 as weaker cement demand and higher input costs impacted revenue but said...