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Holcim to invest fresh P370 million in La Union plant

Business | Trade & Industry

Holcim to invest fresh P370 million in La Union plant

By Manila Bulletin

Cement producer Holcim Philippines said the company is ramping up efforts to make its La Union plant more environmentally friendly and efficient.

Nicolas George, Holcim Philippines president and chief executive officer, said the company plans to invest P370 million in new facilities to increase the use of alternative fuels and raw materials at the plant to 40 percent.

George said these changes aim to reduce carbon emissions and promote recycling.

Additionally, he said that by sourcing materials locally, Holcim is also supporting waste management efforts and providing income opportunities for farmers in northern Luzon.

The construction of the facilities, which Sinoma CBMI PH Construction Corp. will implement, is scheduled for completion by the latter half of 2025, George said.

Sinoma, a company based in China, has been involved in the implementation of cement plant projects globally.

“We are excited to see this project improving our business performance and positive environmental and social impact,” George said in a statement.

“This investment is a testament to our commitment to building progress, and we are thrilled to see it deliver results for our company and the community,” he added.

Zeng Youbing, General Manager of Sinoma CBMIPH Construction, meanwhile, thanked Holcim Philippines for choosing them again and recognizing their decarbonization technology and project performance.

“This marks the third collaboration between Sinoma CBMIPH and Holcim Philippines since 2021. We are honored to contribute to Holcim Philippines' decarbonization and sustainability goals through the application of new technologies,” Youbing said.

“Sinoma CBMI has partnered with Holcim globally for over 20 years, and we eagerly anticipate the successful and swift implementation of this project,” he added.

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