Holcim Philippines has reported the completion the expansion project at its plant in La Union, Luzon, increasing capacity to 1.8Mta from 1Mta previously. The company completed the installation of new grinding equipment and storage facilities two months ahead of schedule.
"With our expansion and efficiency initiatives, we can better provide a reliable supply of high-quality cement to help our partners advance the region's development," said John Stull, Holcim Philippines president and CEO.
The company also highlighted government data showing that two of the three regions in north Luzon outpaced the national economic growth rate in 2017, led by the Cordillera Administrative Region, which topped the other 16 regions and noted a 26 per cent surge in its construction industry.
The project represents the first phase of the company’s expansion programme, with the second involving US$300m worth of improvements to its Bulacan and Misamis Oriental plants. The company has a target to reach 13Mta of capacity by 2020.