Displaying items by tag: Concreat Holdings Philippines

Philippines: Concreat Holdings Philippines, a majority-owned subsidiary of DMCI Holdings, announced the full operations of the new production line at its Solid Cement plant in Antipolo City. The upgrade raises the plant’s capacity from 1.9Mt/yr to 3.4Mt/yr.

Concreat Holdings Philippines CEO Herbert Consunji said “This expansion is a pivotal step in Concreat’s turnaround. With higher capacity, a more efficient kiln and the use of Semirara coal, we are rebuilding momentum and lowering production costs - laying the groundwork for long-term recovery.”

Philippines: Cemex Holdings Philippines has officially completed its rebranding initiative, with the company now known as Concreat Holdings Philippines Inc. The rebranding, which was approved by the Securities and Exchange Commission, was undertaken as part of the company’s evolution following the acquisition by the Consunji Group, led by diversified engineering conglomerate DMCI Holdings, in late 2024.

Concreat Holdings said the new name, which combines the words ‘Consunji’ and ‘create,’ reflects its renewed focus on integrity, reliability, resilience and nation-building. The company’s president and CEO Herbert Consunji said that the rebranding represents a bold new direction under DMCI’s management, guided by an all-Filipino team deeply rooted in local insight and long-term stewardship.

Philippines: The Consunji Group has appointed Herbert M Consunji as the president and CEO of Cemex Holdings Philippines (CHP). The group completed its acquisitions of CHP from Cemex in early December 2024, according to the Manila Bulletin newspaper. It plans to change the name of the company to Concreat Holdings Philippines subject to the approval of shareholders at a meeting to be held in February 2025.

Consunji is the Executive Vice President, Chief Finance Officer, Chief Compliance Officer and Chief Risk Officer of DMCI Holdings, part of Consunji Group. He concurrently sits on the board of various DMCI Holdings subsidiary companies. He is a certified public accountant and he graduated from De La Salle University in Manila with a degree in commerce majoring in Accounting.