Global Cement
Unmatached fuel flexibility with Pyrorotor - KHD
Online condition monitoring experts for proactive and predictive maintenance - DALOG
Cut your energy costs with our high-performance lubricants and services - Kluber Lubrication
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Services
  • Jobs
  • Privacy & Cookie Policy
  • About
  • Register
  • Trial subscription
  • Contact
News San Miguel to invest US$1bn for five new cement plants in the Philippines

San Miguel to invest US$1bn for five new cement plants in the Philippines

Written by Global Cement staff 22 September 2015
  • Print

Philippines: San Miguel Corporation will invest US$1bn to build five new cement plants in different parts of Luzon, Visayas and Mindanao. The amount is higher than the earlier announced US$800m due to the addition of three new cement plants to the two previously disclosed facilities.

San Miguel president and COO Ramon Ang said that the five new plants would have a total capacity of 10Mt/yr, 2Mt/yr at each plant. The plants are expected to be operational in 2017. The projects will be undertaken by affiliates Northern Cement and Eagle Cement in Pangasinan, Bulacan, Quezon, Cebu and Davao. San Miguel owns a 35% stake in Northern Cement, while Eagle Cement is privately-owned by Ang.

Ang said that now is a good time to invest in cement because a lot of people are investing in real estate. He added that if ever there were ever oversupply, the market would correct in two to three years. The additional 10Mt/yr capacity would bring San Miguel's cement capacity to roughly 16Mt/yr. Ang said that the cement industry of the Philippines currently has 33Mt/yr of cement capacity, which would increase to 43Mt/yr once San Miguel's new cement plants are in place.

Last modified on 23 September 2015
Published in Global Cement News
Tagged under
  • Philippines
  • San MIguel
  • Plant
  • Eagle Cement
  • Northern Cement
  • GCW219

Register for the Global Cement Weekly email newsletter

Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.

Register >

Related items

  • Update on construction and demolition waste, February 2023
  • Sinoma International Engineering signs deal with Dangote Cement to build Itori plant
  • Energy shortages threaten to shut down 50 Iranian cement plants
  • Republic Cement and Ecoloop seek new waste management partners
  • Cemex seeks to increase Cemex Philippines stake to 90% with a view to selling up
back to top
AI Modules - The Kima Process
Loesche - Innovative Engineering
Airscape - The new sealing standard for transfer points in conveying systems
Acquisition Cemex China CO2 concrete coronavirus Export France Germany Government grinding plant HeidelbergCement Holcim Import India Lafarge LafargeHolcim Mexico Nigeria Pakistan Plant Product Production Results Russia Sales Sustainability UK Upgrade US
« February 2023 »
Mon Tue Wed Thu Fri Sat Sun
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28          



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement Twitter
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Services
  • Jobs
  • Privacy & Cookie Policy
  • About
  • Register
  • Trial subscription
  • Contact
  • Conferences & Webinars >>
  • Global Ash
  • Global CemBoards
  • Global CemCCUS
  • Global CemEnergy
  • Global CemFuels
  • Global CemPower
  • Global CemProcess
  • Global CemProducer
  • Global Cement Quality Control
  • Global CemTrans
  • Global ConChems
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Global Synthetic Gypsum
  • Global Well Cem
  • African Cement
  • Asian Cement
  • American Cement
  • European Cement
  • Middle Eastern Cement
  • Magazine >>
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Link
  • Awards
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Websites >>
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • Social >>
  • LinkedIn
  • Facebook
  • Twitter

© 2023 Pro Global Media Ltd. All rights reserved.