Displaying items by tag: Cemex Philippines
APO Cement to scale back operations
21 November 2018Philippines: Cemex Philippines’ subsidiary APO Cement plans to close its Davao cement terminal and indefinitely suspend one of its kilns at its Barangay plant in Cebu. It said in a statement that it had taken this action due to uncertainty caused by the disruption to its raw material supply, according to GMA News. It follows the on-going suspension of APO Land and Quarry following a landslide in September 2018. APO Land & Quarry supplies raw materials to APO Cement.
Cemex Philippines facing legal action over landslides in Naga
20 November 2018Philippines: Cemex Philippines is facing legal action in relation to the quarry operations of its subsidiary in Naga following a landslide that killed nearly 80 people in September 2018. It said that it had received a summons order for the class suit along with its subsidiary APO Cement, according to the BusinessWorld newspaper. The defendants also include APO Land & Quarry, the Mines and Geosciences Bureau Regional Office VII, the City Government of Naga and the Province of Cebu. The lawsuit is attempting to seek damages of up to US$80m on environmental grounds on relation to the quarry.
Cemex Philippines signs CBMI for Solid Cement plant upgrade
18 October 2018Philippines: Cemex Philippines says that its subsidiary Solid Cement has chosen China’s CBMI as the main contractor for an upgrade project at its plant in Antipolo, Rizal, according to ABS-CBN News. The new US$225m production line will increase cement production by 1.5Mt/yr to 3.4Mt/yr.
Cemex assesses impact of mining ban in Philippines
25 September 2018Philippines: Cemex Holdings Philippines (CHP) is running an assessment to see how a local government order to stop mining operations in Naga will affect its business. APO Land & Quarry has been requested to stop quarrying operations in Naga City, Cebu following landslides, according to the Philippine Star newspaper. APO Land & Quarry supplies raw materials to CHP’s subsidiary Apo Cement, and it is indirectly 40% owned by Mexico’s Cemex.
Philippines: Cemex Philippines has committed up to US$57m in 2018 towards the construction a new production line at its Solid Cement plant in Antipolo, Rizal. The project will increase the plant’s production capacity to 3.4Mt/yr from 1.9Mt/yr, according to GMA News. The overall budget for the project is US$225m. Environmental approval for the new line was obtained from the Department of Environment and Natural Resources in late 2017. The upgrade is scheduled to be operational by early 2020.
Philippines: Cemex Philippines has received an environmental compliance certificate from the Department of Environment and Natural Resources (DENR) for a proposed new production line at its cement plant operated by Solid Cement at Antipolo City, Rizal. The cement producer wants to build a new 1.5Mt/yr line at the site, according to the Philippines News Agency. Cemex and CBMI Construction signed a deal to build the line in May 2017.
Philippines: Chief executives from Eagle Cement, Taiheiyo Cement Philippines, Republic Cement, Cemex Philippines and Mabuhay Filcement have opposed government plans for a minimum requirement of pre-shipment inspection for cement imports. Instead they have called for a rigorous testing procedure for all cement coming from abroad to ensure consumer safety, according to the Philippine Star newspaper. In a letter Paul Ang, the chief executive officer (CEO) of Eagle Cement asked the government to draw up revised rules and guidelines on the issue for the cement industry. He also requested that the Department of Trade and Industry (DTI) and other agencies combat technical smuggling of cement.
In separate letters to the DTI, Taiheiyo Cement Philippines president and CEO Satoshi Asabi, Mabuhay Filcement CEO Enrison Benedicto, incoming Republic Cement president Nabil Francis and Cemex Philippines president Ignacio Mijares also argued against pre-shipment inspection in favour of testing imports upon arrival in the country.
Philippines: Cemex Philippines and CBMI Construction have signed a contract for the construction of a 1.5Mt/yr production line at the Solid Cement Plant in Rizal. The scope of the deal covers quarry crushing to package and dispatch, including engineering, equipment supply, civil work, erection, training and commissioning. CBMI say it is the first collaboration between the subsidiary of Sinoma and Cemex. No value for the order has been disclosed.
Philippines: APO Cement Corporation, a subsidiary of Cemex Philippines, has ordered a 4.5MW waste heat recovery unit from China’s Sinoma Energy Conservation. Sinoma will build and operate it. The new unit is expected to reduce the negative effects of power cuts, save energy costs and reduce the cement plant’s carbon emissions. No delivery date or cost of the order has been disclosed.
Cemex Philippines to build US$300m plant
19 July 2016Philippines: Cemex Philippines plans to build a US$300m cement plant with a production capacity of 1.5Mt/yr. The plant will be in operation in the second half of 2019, according to Reuters. Company president and chief executive Pedro Jose Palomino made the announcement amid the company’s initial public offering on the Philippine Stock Exchange.