Cement News tagged under: Cemex Holdings Philippines
New power supply agreement promises reduced costs for Cemex Holdings Philippines17 July 2024, Published under Cement NewsCemex Holdings Philippines (CHP) announced on Monday, 15 July that its subsidiary, Apo Cement Corp , has signed a supply contract with Semirara Calaca Reserve Corp to provide 44MW of electricity for Apo’s cement plant in Naga, Cebu . Led by Isidro A Consunji, DMCI Holdings Inc bought CHP earlier this year for US$305.6m, looking to turn a profit after a PHP2bn (US$34.24m) loss in 2023. CHP subsidiaries Apo Cement and Solid Cement agreed for the assignment of trademarks with Cemex ... |
CEMEX Phillipines and Manila Water Co collaborate on sustainability18 January 2023, Published under Cement NewsCEMEX Holdings Philippines (CHP) has signed a Memorandum of Understanding (MoU) with Philippines-based Manila Water Co to collaborate on sustainability initiatives. Under the MoU both parties will look to accelerate their sustainable objectives on circular economy through the use of biosolids as alternative fuels, reports Manila Bulletin. They will also explore partnering on innovations in sustainable products and services, protection and rehabilitation of biodiversity, and clean energy an... |
APO Cement suspends Davao terminal05 October 2022, Published under Cement NewsAPO Cement Corporation , part of Cemex Holdings Philippines Inc , has temporarily suspended operations at its Davao terminal in the Philippines due to the constant influx of cement imports, reports Manila Bulletin. The continued arrival of imports, particularly from Vietnam, has led to rising costs and falling volumes, according to APO. “Our operational costs in maintaining the Davao terminal have increased and continue to increase, while our volumes are decreasing due to the unabated en... |
Cemex Holdings Philippines raises PHP12.7bn from SRO31 January 2020, Published under Cement NewsCemex Holdings Philippines completed a stock rights offering last week, raising PHP12.77bn (US$250.6m) from selling 8.29bn common shares. The proceeds are expected to be used to fund Solid Cement’s Antipolo expansion project and pay outstanding debt. "Post-SRO and subject to the approval from the Securities and Exchange Commission (SEC) of Cemex’s application for increase of authorised capital stock, Cemex would have a total of issued and outstanding 13,489,226,623 common shares," said ... |
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