Cemex Philippines shuts down kiln and Davao terminal

APO Cement (Cemex group) in the Philippines has closed its Davao cement terminal and suspended one kiln line at its Cebu plant following the suspension of mining operations at Apo Land & Quarry.

The closure means the lay off of 30 staff and cessation of work for 40 per cent of its contractors. These cost cutting measures are in addition to temporary suspensions affecting 30 per cent of its workforce.  The company is engaging with suppliers in Cebu and neighbouring territoies for raw materials.

However, with the anticipated fall in production output, it would "implement a reduced working week."

Apo Cement is also partially recovering production costs by implementing a price increase on its products by PHP20/bag (US$0.38/bag).