Philippines: The Pacific Cement Corporation (PACEMCO), one of Mindanao's largest cement manufacturers, reopened its plant in Surigao City, Barangay on 21 March 2025. The plant had been closed for 11 years due to financial constraints. The reopening was made possible through investments by San Miguel Corporation (SMC), which aims to revive the plant's operations and boost local economic activity.
John Paul Ang, SMC’s vice chair and CEO, led the inauguration alongside Surigao City Mayor Pablo Yves Dumlao II, Surigao del Norte Governor Robert Lyndon Barbers and Representative Robert Ace Barbers. “PACEMCO was a big part of Surigao's history and one of the region's largest companies. It is a Filipino-owned and controlled cement factory," Ang said.
Mayor Dumlao emphasised the potential of the reopening to create employment and stimulate economic growth, saying "The return of PACEMCO means new opportunities for employment, stronger local enterprise and increased revenue.”
