Cement News tagged under: Petra Cement
PHINMA Corp to acquire Petra Cement for PHP500m22 May 2024, Published under Cement NewsPhilippines-based PHINMA Corp announced it will acquire Petra Cement Inc for PHP500m (US$8.6m). The conglomerate signed a purchase agreement through its subsidiary Philcement Corp on 20 May, it said in a stock exchange disclosure. "This is aligned with Philcement's growth strategy and its promise to assure Filipino consumers with reliable, high quality supply of cement products under its legacy brand, Union Cement," PHINMA Corp. said. The acquisition follows the manufacturing and s... |
Petra Cement starts commercial operation of Gebr Pfeiffer mill07 July 2020, Published under Cement NewsPetra Cement Inc of the Philippines successfully brought on line in early December a Gebr Pfeiffer ready2grind system, on the Mindanao archipelago and more precisely in the region of the Zamboanga Peninsula. The plant is now in commercial operation. The order was a greenfield project, in which the geographical circumstances in the Philippines had to be taken into account during the initial stage of planning. These were the rainfalls varying with the seasons and producing constant tropical p... |
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