Holcim officials broke ground at its Davao plant, where two major projects are being undertaken to raise the works’ production capacity from 1.4Mta to 2.2Mta.
The PHP1.5bn (US$29m) Kalayaan project will see the automation of loading of its products from ship-to-dock and an increase in grinding project.
The Davao expansion is part of Holcim Philippines’ PHP2.7bn investment to raise its domestic cement capacity to 12Mta from the current 10Mta. The increased capacity will allow the company to continue supporting the country’s development as the government ramps up infrastructure spending to seven per cent of GDP by 2022.
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