Cement News tagged under: Philippines
Philippine government's first testing facility set to open in 3Q2111 January 2021, Published under Cement NewsThe Philippines could see its first government facility to evaluate cement quality begin operations by the 3Q21. Once operational, the unit would allow producers to have their products tested by the government. "Our procurement of equipment is now ongoing, so we can conduct testing by third quarter," said Neil P Catajay, director of the Bureau of Philippine Standards (BPS). Currently, producers have to dispatch their product to private firms, who in turn send the results to the BPS for... |
Philippine Tariff Commission questions DTI's October import duty rise30 December 2020, Published under Cement NewsThe Tariff Commission, in the Philippines, has questioned the decision of the Department of Trade and Industry (DTI) to increase the definitive safeguard duty on imported cement by PHP0.80 to PHP9.80/40kg bag (US$0.016-0.23/40kg bag) starting in October 2020. Ernesto Albano said the three-year schedule of safeguard tariff implementation should be followed according to the law. The safeguard tariff was supposed to drop from PHP10/40kg bag in the first year of implementation to PHP9/bag in ... |
DTI reviews cement import duty08 December 2020, Published under Cement NewsThe Philippines’ Department of Trade and Industry (DTI) has ordered that, for the second year of the three-year implementation period of the safeguard measure against imported cement, a PHP9.80 (US$0.2) duty will be imposed on every 40kg bag of imported cement or PHP245/t. The second-year duty covers cement imports from various countries from 22 October 2020 to 21 October 2021, according to the Manila Bulletin. For the first year, the DTI imposed a safeguard duty of PHP10/40kg bag and ... |
Hazemag supplies NCC Northern Cement with two new crushers08 December 2020, Published under Cement NewsHazemag Systems Gmbh has supplied two crushers to NCC Northern Cement Corp in Philippines in partnership with our local partner PrinceACE Corp. In September 2020 Hazemag Systems received an order from San Miguel Northern Cement Inc for the delivery of two Hazemag Roller Crushers HRC 1230. The two roller crushers are designed for 800tph of shale, silica and pozzolan for Line A. With a dimension of approximately 8857mm length, 6477mm width and 2222mm height the roller crushers are one ... |
Republic Cement aims to double plastic co-processing by 202104 December 2020, Published under Cement NewsRepublic Cement’s resource recovery arm, ecoloop, plans to co-process a minimum of 10m plastic sachets or bags per day at its plant in the Philippines by the beginning of next year. "It's going to be double what we are currently doing, and it's just the beginning," said Angela Edralin-Valencia, ecoloop director. |
Philippines: poised to rebound?02 December 2020, Published under Cement NewsHaving being one of southeast Asia’s strongest performers in recent years, the Philippines construction and cement industries have been hit by the impact of COVID-19 during the 1H20. However, the easing of restrictions, some positive economic indicators and pent-up demand could lead to cement consumption bouncing back in 2021. By Jagdeep Verma, Holtec Consulting, India. Holtec India endeavours to examine the impact of COVID-19 on the Philippines cement industry and share its views ... |
Holcim Philippines to streamline corporate structure24 November 2020, Published under Cement NewsThe board of Holcim Philippines Inc (HPI) has approved the merger of three majority-owned subsidiaries (Bulkcem Philippines Inc, Mabini Grinding Mill Corp and Holcim Philippines Manufacturing Corp) into the company to streamline corporate structure. The company is now expected to hold a special stockholders’ meeting on 15 January 2021 for the approval of the transaction. Bulkcem Philippines currently leases its Iloilo bulk terminal to HPI, while Mabini Grinding Mill Corp leases its gri... |
Taiheiyo Cement plans PHP15bn expansion project13 November 2020, Published under Cement NewsTaiheiyo Cement is planning to invest PHP15bn (US$309.3m) to expand production at its plant in Cebu, Philippines. The company’s local subsidiary will construct a new line and expand shipping bases to Luzon, Iloilo, and Davao, according to a Department of Trade and Industry (DTI) press release. The company is also expected to install a 2km-long marine belt conveyor and expand its port in Cebu. The project, already underway, is anticipated to expand cement production capacity by 50 per cent... |
Eagle Cement Corp sees net sales down 16%12 November 2020, Published under Cement NewsPhilippine-based Eagle Cement Corp has reported a net profit of PHP1.4bn (US$28.96m) in the 3Q20, remaining unchanged from the year-ago period. However, its net sales were down 16 per cent YoY to PHP4.1bn. "The resumption of major infrastructure projects and retail segment boosted sales. We are optimistic that fourth-quarter results will be better as more sectors of the economy are reopened," said Paul Ang, president. Eagle Cement’s nine-month net sales declined 35 per cent to PHP10bn ... |
DTI and Phinma agreement on labelling guidelines12 November 2020, Published under Cement NewsIn light of the new renewed labelling conventions for cement products in the Philippines, the Department of Trade and Industry (DTI) and the Phinma group affirm their commitment in providing quality products for Filipino customers at a fair and competitive price. The DTI and Phinma are in full agreement that this clarity of labelling convention will help customers select the cement products they prefer. Phinma group’s subsidiary Philcement will adjust from the old guidelines to the new ru... |