San Miguel Corporation (SMC) is planning to double the capacity of its P10-billion advanced cement manufacturing facility in Davao to 100 million bags after it starts full commercial operations later this year. In a statement, SMC said its aim is to reduce reliance on imports and avoid delays in...
MB file photo Holcim Philippines accomplished a number of sustainability and innovation initiatives in 2021 to raise its business performance and contributions to development such as an agreement to have its cement plants in Luzon run on solar energy. Leading building solutions provider, Holcim...
Cemex Holdings Philippines, Inc. (CHP) reported that the cement manufacturing plant of subsidiary APO Cement Corporation in Naga City, Cebu, is operational in the aftermath of Typhoon Odette. In a disclosure to the Philippine Stock Exchange, Cemex said that, while APO Cement has experienced...
An anti-dumping case against Vietnam cement is being pushed to further protect the domestic cement manufacturing industry from cheap imports being dumped into the country. MB file This was revealed by CEMEX Holdings Philippines President & CEO Ignacio Mijares at the Pacific Alliance and the...
Cement manufacturing firm Eagle Cement Corp. reported an 89 percent surge in net profit to P5.1 billion in the first nine months of 2021 from P2.7 billion in the comparable period last year. In a disclosure to the Philippine Stock Exchange, the firm said it generated net sales of P16.2 billionin in...
Eagle Cement Corp., a publicly-listed firm controlled by the family of tycoon Ramon S. Ang, is acquiring 100 percent of the capital stock of sister company Solid North Mineral Corp. (SNMC) for P3.57 billion. In a disclosure to the Philippine Stock Exchange, the firm said on Friday, Sept. 24, that...
Eagle Cement profits hit record at P3.7 B Eagle Cement Corporation posted a 181 percent jump in net income to a record P3.7 billion in the first half of 2021 from P1.32 billion in the same period last year as the government allowed the resumption of construction activities. In a disclosure to the...
Cement importers are seeking for refund of P1.28 billion safeguard duties paid on their importation. This developed as the Cement Importers Association of the Philippines (CIAP) filed a petition before the Court of Tax Appeals (CTA) to challenge the imposition of the definitive safeguard duty on...
Leading building solutions provider Holcim Philippines, Inc. committed to investing further in sustainability efforts to keep its existing business partners as well as to cater to the younger generation who is willing to pay more for environmentally friendly products. During its recent virtual...
In view of the Covid-19 global pandemic and to ensure the safety and welfare of our shareholders and participants, the meeting will be held virtually on Thursday, 24 June 2021, at 2:00 P.M. The livestream may be accessed through the Company’s website at: ...
In view of the Covid-19 global pandemic and to ensure the safety and welfare of our shareholders and participants, the meeting will be held virtually on Thursday, 24 June 2021, at 2:00 P.M. The livestream may be accessed through the Company’s website at: ...
The Tariff Commission (TC) said the local cement industry has complied with its adjustment plans to be able to compete against imports with P12.1 billion invested so far, although completion of some measures worth P73.8 billion have been deferred up to 2025 because of the pandemic and disruption in...
