Sy company to build P10-B cement plants in Pampanga, Zamboanga

Published September 29, 2019, 12:00 AM

by manilabulletin_admin


Big Boss Cement, Inc. (BBCI), the country’s newest cement player using a unique environment-friendly process, and its sister company are investing a total of P10 billion for its two cement plants in Pampanga and Zamboanga.

In an interview, BBCI President Engr. Gilbert S. Cruz said they are building a total of four cement lines in Pampanga while their sister company is building two lines in Zamboanga del Norte.

Both firms are owned by the same shareholders who are led by BBCI Chairman Henry Sy Jr.

Cruz said they will be spending a total of P7 billion for the Pampanga plant and P3 billion for the Zamboanga plant. The Pampanga plant is more expensive because it includes prototypes as the firm was perfecting its technology.

He said each line has a capacity of one million bags of cement a month and BBCI has already completed two lines in Pampanga with two more lines to be finished by the first quarter next year for a total capacity of 4 million bags.

On the other hand, they will complete the first production line in Zamboanga around November at a cost of P1.5 billion and will soon be investing another P1.5 billion for the next line. Cruz noted that there is no cement manufacturing plant in Zamboanga.

Cruz said they are also planning to put up more plants in areas such as General Santos, Negros and Iloilo with the aim of reaching a total capacity of 12 million bags in five years.

The completion of the second line in Pampanga now allows the firm to offer bulk cement and they have just launched two bulk cement products that will cater to the Ready Mix Concrete (RMC) market as well as for precast applications.