CEMEX divests assets in Philippines
CEMEX has announced that its subsidiary, CEMEX Asia BV, has signed an agreement with DACON Corp, DMCI Holdings Inc and Seminara Mining and Power Corp for the sale of its operati...
Philippines
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Holcim Philippines and Megawide renew supply contract
Holcim Philippines has renewed its supply agreement with infrastructure conglomerate Megawide Construction Corp. Under the terms of the agreement, Holcim will supply the cement ...
DCMI in talks to acquire CEMEX Holdings Philippines
Philippines-based D M Consunji Inc (DCMI), an engineering-based construction firm, is looking to expand into the cement business with the potential acquisition of CEMEX Holdings...
CEMEX Holding Philippines addresses plastic waste
CEMEX Holdings Philippines Inc has teamed up with Liwayway Marketing Corp to address the management of plastic waste in the Philippines. Under the deal, Liwayway Marketing Corp,...
Republic Cement teams up with fast food giant to tackle plastic waste
Republic Cement is working alongside fast food giant Jollibee Foods Corp (JFC) to reduce plastic packaging waste. Under the agreement, JFC will recover its post-consumer plastic...
SMC posts 141% YoY rise in income
Philippines-based San Miguel Corp (SMC), which owns Eagle Cement Corp , Northern Cement Corp and Southern Concrete Industries , has recorded net income of PHP31.2bn (US$556.7m) ...
Holcim Philippines posts 4% decline in net sales in 9M23
Holcim Philippines has posted a 105 per cent YoY rise in net income to PHP999.4m (US$17.82m) in the first nine months of 2023, compared to PHP487.9m in the same period a year ea...
Holcim signs power agreement with Berde Renewables
Holcim Philippines has signed a power purchase agreement with Berde Renewables, a distributed energy platform of I Squared Capital. Holcim will use solar rooftop projects on its...
CEMEX Philippines makes impressive debut on S&P's sustainability index
CEMEX Philippines has been placed in the top 25 per cent of the construction materials industry in the S&P Global Corporate Sustainability Assessment (CSA) for 2022. Marking the...
Taiheiyo to build new terminal in Philippines
Japan-based Taiheiyo Cement Corp (TCC) will build a new cement terminal in Calaca, Batangas, Philippines, to enable the company to serve the Luzon market from its pant in San Fe...