Cement News tagged under: philippines
Holcim signs power agreement with Berde Renewables31 October 2023, Published under Cement NewsHolcim Philippines has signed a power purchase agreement with Berde Renewables, a distributed energy platform of I Squared Capital. Holcim will use solar rooftop projects on its Bulacan and La Union plants with a combined capacity of 5.5MWp and an annual generation of approximately 7.8GWh. Holcim Philippines president and CEO, Horia Adrian, said the project is a significant decarbonisation milestone, “reducing our carbon footprint by more than 20 percent since 2018, with our focus o... |
CEMEX Philippines makes impressive debut on S&P's sustainability index16 October 2023, Published under Cement NewsCEMEX Philippines has been placed in the top 25 per cent of the construction materials industry in the S&P Global Corporate Sustainability Assessment (CSA) for 2022. Marking the first time the company has taken part in the CSA, the result puts the company above the industry average for its environmental, social and governance (ESG) indicators as well as its economic performance. According to The Philippine Star, the cement producer scored particularly well in the areas of talent attract... |
Taiheiyo to build new terminal in Philippines22 August 2023, Published under Cement NewsJapan-based Taiheiyo Cement Corp (TCC) will build a new cement terminal in Calaca, Batangas, Philippines, to enable the company to serve the Luzon market from its pant in San Fernando, Cebu. Taiheiyo Cement Philippines Inc (TCPI) will build and operate the planned hub to distribute its Grand-branded cement products, according to TCC President and Representative Director, Masafumi Fushihara. The 0.7Mta project is the next step in serving a market that TCPI has estimated to have increase... |
Nickel miner FNI to diversify into cement30 June 2023, Published under Cement NewsPhilippines-based nickel miner, Global Ferronickel Holdings Inc (FNI), is reportedly looking to expand into the cement industry, adding to its existing nickel and ports businesses. According to Malaya Business Insight, the company is hoping to tap into the significant growth potential of the construction and infrastructure sectors. FNI is also looking to establish a battery-grade nickel plant and a steel plant to take advantage of the current opportunities in the renewable energy and electr... |
Holcim Philippines to delist from Philippine Stock Exchange30 June 2023, Published under Cement NewsHolcim Philippines is voluntarily delisting from the Philippine Stock Exchange (PSE) after its major shareholder Holderfin BV acquired additional Holcim shares from Sumitomo Osaka Cement. The deal resulted in Holcim’s public float falling to 5.05 per cent, below the required 10 per cent minimum for listed firms. In the deal, which was completed on 29 July, Holderfin purchased 594.9m common shares from Sumitomo Osaka, equivalent to 9.22 per cent of the company’s outstanding capital sto... |
Republic Cement works with landfill company to divert waste19 June 2023, Published under Cement NewsPilotage, a sanitary landfill located in San Pedro, Laguna, Philippines, is adopting innovative segregation and diversion techniques to recover valuable materials, including recyclable plastics, metal and tin cans, glass bottles, and residual plastic waste, from the waste stream. This waste is then diverted to the appropriate recycling facilities or for co-processing at cement plants. In early April Pilotage resident Dan Miranda visited Republic Cement ’s Teresa plant to further und... |
Holcim Philippines’ PLC offering05 June 2023, Published under Cement NewsThe introduction of Holcim Philippine’s brand of Portland limestone cement (PLC) to the domestic construction market is an important step in the local cement industry’s strides towards a low-carbon economy. The company is leading the way with this greener cement offering, which includes a range of benefits in terms of durability and versatility. By Kandy Icy Minano, Holcim Philippines. Figure 1: Holcim Optimo in different packaging – bulk, 1t and 40kg bag (© Holcim) The continuo... |
CEMEX Philippines achieves 50% CO2 reduction from 1990-202218 April 2023, Published under Cement NewsCEMEX Philippines achieved a 50 per cent reduction in CO 2 emissions generated by its two cement subsidiaries, Solid Cement Corp and APO Cement Corp , from 1990-2022. Based on public declarations, CEMEX claims that this is the highest CO 2 emissions reduction in the industry. From 2020-22 alone, CEMEX Philippines reduced 18 per cent of its net CO 2 emissions, representing 36 per cent of the total CO 2 reduction since 1990, demonstrating the company’s accelerated efforts to furth... |
Cemex considers exiting Phillipines03 April 2023, Published under Cement NewsCemex is considering exiting the Philippines as part of its ongoing strategy to focus on markets with higher growth and lower risk. Cemex currently owns 89.86 per cent of Cemex Holdings Philippines (CHP) through Cemex Asian South East Corp (CASEC) and runs two plants, located in Antipolo and Cebu , with a total production capacity of 5.7Mta. According to Bilyonaryo, CHP has struggled to pay the US$280m loan it borrowed to finance the expansion of its Antipolo works in 2017, with the ... |
Holcim Philippines reiterates commitment to decarbonisation02 March 2023, Published under Cement NewsHolcim Philippines, Inc has reiterated its readiness to support partners in decarbonising construction and putting up affordable homes and called for cooperation to accelerate the shift towards more sustainable practices. Holcim Philippines’ president and CEO, Horia Adrian, emphasised the important role of the construction industry in reducing the country’s carbon emissions. He noted that building materials account for 30 per cent of the carbon footprint of structures so it is necessary... |