Philippines: DMCI Holdings is planning to spend US$180m to build a 1.7Mt/yr cement plant on Semirara Island in the Visayan Islands. The plant will also include a 0.4Mt/yr grinding mill and a captive power plant. DMCI is also planning to build three cement grinding plants in Batangas, Iloilo and Zamboanga, for a cost of US$188m, to give it access to markets throughout the country, according to the Business Mirror newspaper. The plants will be completed by 2020. Victor Limlingan, the managing director of DMCI, said that the company hopes to benefit from the government’s infrastructure spending.
DMCI to build cement plants in Philippines
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