Cemex allocates PHP3bn towards start of Solid Cement's expansion

Cemex Holdings Philippines Inc has allocated PHP3bn (US$57.1m) this year towards building its new production line at its Antipolo cement factory in Rizal.

Cemex Holdings Philippines is investing a total of US$225m for the Solid Cement expansion project. The new line will expand Solid Cement’s capacity from 1.9Mta to 3.4Mta.



"Specific to the Solid Cement plant expansion – PHP2.5bn to PHP3bn this year," said Cemex Holdings Philippines president and CEO, Ignacio Mijares, at a stockholders meeting. 



"This will allow us to further serve the cement requirement of the country during an important period heralded as the Philippines' golden age of infrastructure," Mijares said. 

"We're committed to have the plant ... operating in the first quarter of 2020."


In December 2017 Solid Cement secured an environmental compliance certificate for the new production line from the Department of Environment and Natural Resources. The plant in Antipolo serves the requirements of the National Capital region and Southern Luzon.