Concreat takes step to recovery with new capacity expansion

Consunji-led Concreat Holdings Philippines, the former Cemex Holdings Philippines Inc., takes a major step towards returning to profitability with the start of operations of its new production line in Antipolo City.

In a disclosure to the Philippine Stock Exchange, the firm said the new production line at its Solid Cement Plant became fully operational on April 2025, bringing its total annual plant capacity to 7.2 million tons (MT), up 26 percent from 5.7 MT.

“This expansion is a pivotal step in Concreat’s turnaround. With higher capacity, a more efficient kiln, and the use of Semirara coal, we are rebuilding momentum and lowering production costs—laying the groundwork for long-term recovery,” said Concreat President and CEO Herbert M. Consunji.

He added that this milestone reflects Concreat’s commitment to supporting national development through the delivery of high-quality cement products for critical infrastructure across the country.

The new line successfully passed standard confirmatory testing, ensuring full compliance with operational and product quality benchmarks.

The facility upgrade increases Solid Cement Plant’s annual capacity from 1.9 MT to 3.4 MT, reinforcing Concreat’s ability to provide a steady supply of cement essential for building homes, roads, bridges, and other key infrastructure that fuel national progress.

The project is also expected to create both direct and indirect employment in surrounding communities and support long-term local resilience through skills training, employee development, and livelihood programs.

Concreat’s expansion received fiscal incentives and an income tax holiday from the Board of Investments (BOI), in recognition of its contribution to strategic industrial development.

Equipped with modern, energy-efficient technology, the new line is also designed to reduce pollutant emissions and deliver significant annual energy savings.

Concreat, a 51 percent-owned subsidiary of DMCI Holdings, Inc., is a major cement manufacturer in the country. It produces high-quality cement under the brands APO, Rizal, and Island, including Ordinary Portland Cement (OPC), widely used in large-scale construction projects.

The company operates through its wholly owned subsidiaries, APO Cement Corporation and Solid Cement Corporation.