Eagle Cement majority stake to San Miguel
San Miguel Corp (SMC) is to acquire an 88.5 per cent stake in Eagle Cement Corp , reports GMA News. SMC said its boards of directors authorised the management of the corpora...
Philippines
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Holcim supports waste recycling in Philippines
Holcim Philippines Inc and its waste management unit, Geocycle, pledged to support the municipalities of Binangonan, Cainta and Taytay in Rizal in managing their waste sustai...
CEMEX supplies longest bridge in the Philippines
CEMEX has announced that it was the sole supplier of cement for the construction of the longest bridge in the Philippines. The company supplied nearly 70,000t of cement for t...
Holcim Philippines sees net profit slump in 1H22
Holcim Philippines Inc has reported revenue of PHP12.2bn (US$219.2m) in the first half of 2022, down from PHP13.7bn in the same period a year earlier. EBITDA has declined fro...
Eagle Cement posts increase in net sales in 1H22
In the first half of 2022, Philippines-based Eagle Cement Corp saw its net sales advance to PHP13,680m (US$246m), compared to PHP11,057m in the same period a year earlier. EB...
CEMEX gives Solid Cement expansion project update
CEMEX Philippines is building a US$356m new integrated cement line in its Solid Cement plant in Antipolo City, Rizal, Philippines, to raise the plant’s annual capacity by ...
Holcim participates in coastal clean-up programme
Holcim and One Earth One Ocean have launched the Circular Explorer in Manila to be part of cleaning coastal areas in the Philippines. The first-of-its-kind 100 per cent sola...
Vietnam continues to dominate imports in the Philippines
Vietnam’s dominance of cement imports in the Philippines continues to cause concern for local producers. With local demand expected to reach 66Mt in 2025, the Cement Manufactur...
Eagle Cement Corp 1Q net profit slips 3%
Philippines-based Eagle Cement Corp reported a three per cent decrease in net income to PHP1.66bn (US$31.674m) in the first quarter of 2022 from PHP1.72bn in the equivalent p...
Holcim Philippines' net income reaches PHP2.6bn in 2021
Holcim Philippines ( Holcim group ) saw higher profits in 2021 as it shielded margins from higher costs by raising prices. Holcim Philippines President and CEO, Horia Adri...