Displaying items by tag: Philippines

Philippines: Holcim Philippines has ordered power monitoring equipment from CMR Philippines for its 2.3Mt/yr Lugait cement plant in Misamis Oriental. It includes the development, delivery, installation, testing and networking of the electrical installation at the unit. Current and voltage transformers are to be supplied as part of a package of engineering support that also sees CMR completing the integration and connection of plant wide power monitoring to Siemens PCS 7 process control technology.

“Winning the Holcim contract reflects the expertise we can bring to successfully delivering complex and technologically advanced industrial projects,” said Rojel Rivera, general manager at CMR Philippines.

CMR Philippines is part of the CMR Group, which designs, manufactures and commissions automation, control system and turnkey project solutions for global industrial and renewable energy sectors, alongside specialist instrumentation for high power diesel engines.

Philippines: Holcim Philippines plans to build a new cement plant in Bulacan province have been approved by the Board of Investments. The 2.5Mt/yr Bulacan Line 3 plant is part of the company US$300m investment drive to increase its production capacity by 30% by 2020, according to the Manila Times newspaper. The approval also grants the projects tax incentives covered by the government’s investment code.

Philippines: The Cement Importers Association of the Philippines (CIAP) has defended cement imports from Vietnam. In a statement the association said that all legally imported cement sold in the Philippines met the required standards, according to the BusinessWorld newspaper. It made the comment in response to media reports that ‘substandard’ Vietnam-sourced cement was saturating the market.

CIAP said that the controls imposed by the Department of Trade and Industry (DTI) were tougher for imported cement than for locally produced cement. Local manufacturers are audited once per year compared to checks for every batch of imported cement. The DTI said it was going to impose a provisional tariff on imported cement in early 2019.

Philippines: Republic Cement plans to install bag filters on its clinker conveyors, cement mills and packaging lines at its Batangas and Teresa plants in 2019 to replace electrostatic precipitators. It follows the installation of kiln bag filters, according to the Business Mirror newspaper. Following the upgrade it reduced its dust emissions by 75% to 20mg/Nm³, below the national limit of 150mg/Nm³. The cement producer is also considering building concrete roads at its unit to further reduce dust emissions.

Philippines: Holcim Philippines has launched a new blended cement product called Solido. It is intended to produce concrete that is better than that made from Ordinary Portland Cement (OPC) in terms of durability and compressive strength. The product is also more environmentally friendly than OPC as it uses less clinker. The cement producer is also offering technical training, test and field support to potential users. It says it has launched the product to support the country’s construction boom.

Philippines: Companies including Japan’s Taiheyo Cement, Thailand’s Siam City Cement and China’s Anhui Cement have been linked to the sale of Holcim Philippines. Local companies include Eagle Cement and DMCI Group, according to sources quoted by the Philippine Star. Non-binding offers were have been submitted in February 2019 but it is not clear which companies were involved. However, no agreement has been reached on price yet. LafargeHolcim has reportedly looking at selling its business in the Philippines as part of a review of its operations in South-East Asia.

Philippines: Eagle Cement's net income reached US$88m in 2018, a 13% increase from US$82m in 2017. It credited strong sales, despite some macroeconomic headwinds. The company’s net sales rose by 11% to US$320m from US$290m. In the fourth quarter alone, net income surged by 39%.

"While we are faced with challenges in the industry, we remain steadfast to expand the company to meet the increasing local demand for cement, driven by the thriving property sector and growth in consumption, as well as the anticipated roll out of the government's infrastructure projects," said Eagle Cement’s President and Chief Executive Officer Paul Ang.

Philippines: Eagle Cement says that it is not involved in any discussion for the acquisition of Holcim Philippines. However, it did say that its chairman Ramon S Ang had expressed interest in a potential purchase of the subsidiary of LafargeHolcim. Eagle Cement made the announcement following local media reports that Ang had formally submitted a bid to buy Holcim Philippines. In January 2019 LafargeHolcim was said to be to be considering selling its business in the country.

Philippines: Department of Trade and Industry (DTI) Undersecretary Ruth Castelo says that the government is considering implementing a suggested retail price (SRP) on cement. However, cement companies have previously resisted sharing information with the government to help it devise a SRP, according to the Philippine Daily Inquirer. The DTI is considering publishing a SRP for cement due to consumer concerns about prices rises following newly introduced tariffs on imports. To do so it will need cement producer costs for labour, raw materials, fuels and logistics.

Vietnam: The Ministry of Construction says that demand for cement and clinker is expected to increase slightly to up to 99Mt in 2019. This will consist of 70Mt locally and 29Mt of exports, according to the Vietnam News Agency. Demand grew by 19% year-on-year to 96.7Mt in 2018, with growth driven by a 55% rise in exports to 31.6Mt. It shipped 9.8Mt to China in 2018. The main export markets in 2019 are expected to be the Philippines, Bangladesh, China, Taiwan and Peru.