Cement News tagged under: Phillipines

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PCC approves Consunjis’ acquisition of Cemex Philippines

15 August 2024, Published under Cement News

The Philippine Competitions Commission (PCC) has approved the Consunji Group’s planned acquisition of a majority stake in Cemex Holdings Philippines Inc (CHP). In a statement issued to the Philippine Stock Exchange, the group said that DMCI Holdings Inc, Dacon Corp, Seminar Mining and Power Corp have received a copy of the certificate issued by the PCC. The certificate outlined the PCC’s approval of the joint acquisition of 100 per cent of Cemex Asian South East Corp (CASEC) from ...

Taiheiyo Cement Phillipines inaugurates Cebu plant

22 July 2024, Published under Cement News

A PHP12.8bn (US$219.25) cement plant has been opened in San Fernando, Cebu, in the Philippines by Japan-based Taiheiyo Cement .  The inauguration marks a substantial investment for Taiheiyo Cement Philippines Inc (TCPI) and the country’s infrastructure ambitions. “Taiheiyo’s new San Fernando plant will increase the Philippines’ cement production by 3Mt annually, reducing our dependence on imports,” Trade Secretary Alfredo Pascual announced. “This investment aligns with the government’...

CEMEX Philippines opens a new strategic warehouse in Batangas

11 April 2024, Published under Cement News

In response to increasing demand for high-quality construction materials in the region, CEMEX Philippines has opened a strategic warehouse in Barangay Pangao West, Ibaan, Batangas. The 1500m 2 facility aims to reinforce the company’s supply chain in the region. More than PHP1trn (US$17.75bn) has been allocated by the company towards infrastructure development, with almost 50 per cent of the investment set aside for road networks and railway projects. The proposed projects are further i...