Cement News tagged under: philippines

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Holcim Philippines reports successful 1H21

02 August 2021, Published under Cement News

Holcim Philippines posted net sales of PHP13.661m in the first half of 2021, up 19.6 per cent when compared with PHP11.419m in the 1H20. Operating EBITDA increased to 3.151m in the 1H21 from PHP1.705m from the year-ago period while operating EBIT surged from PHP814,033 to PHP2.228m. Net profit in the 1H also surged from PHP413,834 between January-June 2020 to PHP1.631m in the January-June 2021 period. The company attributed its performance to improved market conditions along with consi...

Holcim Philippines invests to improve sustainability

16 July 2021, Published under Cement News

Holcim Philippines is set to invest PHP210m (US$4.18m) in projects to reduce the fuel consumption and increase mineral additive usage at its cement plants in Bacnotan, La Union, Lugait and Misamis Oriental, to raise business and sustainability performance. "More efficient operations will help us deliver better financial results and improve our environmental footprint. We look to continue implementing these improvements to meet our objectives of delivering greater value to our shareholders ...

La Union plant receives ISO Certifications

08 July 2021, Published under Cement News

The Holcim Philippines La Union plant has successfully secured the latest ISO certification for occupational health and safety management systems, and is being recertified for high standards of quality and environmental management. Holcim La Union was certified for ISO 45001: 2018 for Occupational Health and Safety Management System and recertified for ISO 9001: 2015 (Quality Management System) and ISO 14001:2015 (Environmental Management System). The certification body was the TUV Rhe...

Sinoma signs EPC contract for La Union renovation project

07 July 2021, Published under Cement News

Sinoma Construction and Holcim Philippines have signed a cloud contract for the renovation of the La-Union cement plant. The signing ceremony took place simultaneously in Beijing, China and Manila, Philippines. The engineering procurement contract (EPC) project is located in Bacnotan, North Luzon, Philippines, about 307km away from the company's Cemex Solid K4 clinker line project.   The signing of the project has laid a good foundation for the company to expand Holcim’s busines...

North Sulawesi exports 63,046t in May

01 June 2021, Published under Cement News

Indonesia’s North Sulawesi province exported 63,046t of cement to Taiwan, the Philippines and Malaysia in May 2021, according to the North Sulawesi Industry and Trade Office. The value of exports totalled US$2.18m, with Malaysian exports representing US$1.1m from 32,496t alongside US$763,750 from 32,496t sent to Taiwan. Cement is a relatively new export from North Sulawesi and the Industry and Trade Office is reportedly on the look for new markets.

Republic Cement launches AI tool to optimise raw mix

24 May 2021, Published under Cement News

Philippines-based Republic Cement is rolling out a new AI tool to all its cement plants to reduce its CO 2 emissions and produce a stronger cement. The tool will optimise concentrations of raw ingredients in the cement mix by harnessing complex algorithms to save time and resources in its Bulacan and Batangas works as well as running the software as a pilot in its Teresa works in Rizal. “Our next step is to deploy this in all sites by the end of the year,” said Republic Cement’s Vice Pres...

Cement imports to the Philippines are increasing by 6-7% YoY

17 May 2021, Published under Cement News

CEMAP data showed imports were growing by an average of 6-7 per cent annually. In 2020 approximately 500t of cement arrived from Vietnam, which emerged as the biggest cement exporter in southeast Asia. Vietnam cement accounted for nearly 90 per cent of total imports, CEMAP said. Meanwhile, many cement manufacturers in the Philippines are pushing for an end to cement imports, citing increased capacities to serve local demand and the industry’s depressed profits more than a year into the pa...

Republic Cement expects domestic demand recovery

04 May 2021, Published under Cement News

Republic Cement of the Philippines has said the domestic cement industry is on course to return to pre-pandemic levels this year as home builders support sales, amid lower demand from the infrastructure and non-residential sectors.   In the first quarter of this year the company's income amounted to PHP334m (US$6.95m), 446 per cent higher YoY, due to a rise in sales volume arising from new cement capacities in Bulacan and Iligan, alongside reduced costs and increased overall efficiency.   "W...

Philippines' DTI to begin anti-dumping investigation into Vietnamese imports

28 April 2021, Published under Cement News

The Philippines’ Department of Trade and Industry is expected to begin investigating allegations of cement dumping from Vietnam, following applications by three local manufacturers, according to the Manilla Standard. Cemex Philippines, Holcim Philippines and Republic Cement all applied for an anti-dumping investigation into cement products imported from Vietnam. The investigation will cover cement imported from July 2019 to June 2020, while the period of investigation for injury to the sec...

Eagle Cement reports 30% fall in net sales

13 April 2021, Published under Cement News

Philippine-based Eagle Cement Corp has reported a net income of PHP3.4bn (US$70.02m) in 2020, down 44 per cent YoY as a result of lockdown measures imposed in mid-March. "The halting of our operations due to pandemic-related restrictions took a hit on our results in the first half of 2020, but the remaining half proved that we are well-positioned to bounce back," said John Paul L Ang, CEO. Net sales declined 30 per cent to PHP13.9bn from PHP19.8bn in 2019, but the PHP8bn from sales gen...