Displaying items by tag: Philippines

Philippines: Ionic Cementworks Industries has received approval from the Philippines board of investment to set up a 2Mt/yr integrated cement plant in Pagbilao, Quezon Province, according to Inside International Industrials, which quoted a source close to the company. The cost of the plant is estimated to be in the region of US$230m and the plant expected to commence commercial operations in 2021.

Philippines: Big Boss Cement has appealed against a decision by the Board of Investment (BOI) denying its application for registration because it lacked ‘proof of concept’. Big Boss’ president Gilbert Cruz said that the new cement company’s application was turned down in 2017 because it was not producing clinker, according to the Manila Bulletin newspaper. It plans to open a cement grinding plant in Pampanga in March 2018.

Philippines: SM Group heir Henry Sy Jr has launched Big Boss Cement with a group of investors. The new cement producer plans to start selling cement in March 2018, according to the Manila Bulletin newspaper. Its first product will be called ‘Big Boss Cement Type 1P.’

It has nearly completed a cement grinding plant that will have a production capacity of 1.5 million bags/yr at Porac in Pampanga. The company hopes to capture 3% of the estimated market demand for cement of 25Mt/yr. Big Boss Cement operates a laboratory in Metropolitan Manila.

Philippines: Cemex Philippines has received an environmental compliance certificate from the Department of Environment and Natural Resources (DENR) for a proposed new production line at its cement plant operated by Solid Cement at Antipolo City, Rizal. The cement producer wants to build a new 1.5Mt/yr line at the site, according to the Philippines News Agency. Cemex and CBMI Construction signed a deal to build the line in May 2017.

Philippines: Around 4.748 million packs of cigarettes worth US$2.8m and owned by Mighty Corporation, which is being wound up amid tax evasion charges, were destroyed on Sunday at the Geocycle Compound of Holcim Philippines in Bunawan, Davao City. They were used as an alternative fuel in the plant’s kiln to produce cement.

The cigarettes with counterfeit stamps were discovered at the warehouse owned by Sunshine Cornmill Co., Distribution in General Santos City in a joint operation conducted by members of the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) on 6 March 2017.

"The incineration we will witness today is intended to deliver this message,” said Kelvin Lee, Assistant Secretary of the Office of the Executive Secretary. “Tax evasion does not pay. We will confiscate the offending products and destroy them. No one will profit from the commission of a crime.”

Global Cement would argue that Holcim Philippines is a beneficiary in this process, presumably having gained free alternative fuel!

Philippines: Eagle Cement has started construction of a US$246m cement plant in Malabuyoc, Cebu, as part of a wider expansion drive. The 2Mt/yr plant will have dedicated terminals for domestic transit of cement and export. It will take Eagle Cement’s capacity to 9.1Mt/yr once it and an expansion at the company’s Bulacan plant are completed. Cebu will come online in 2020, with the Bulacan expansion completed in 2018.

"We are expanding more to new markets such as Southern Luzon, Visayas and Mindanao,” said Eagle’s President and CEO Paul Ang. “By 2018, our third line in Bulacan will be fully functional to serve those areas, with the most efficient and energy saving manufacturing technology.”

Philippines: Eagle Cement’s net profit rose by 8% year-on-year to US$64.4m in the first nine months of 2017 from US$59.7m in the same period in 2016. It attributed the growth to higher sales volume despite tight competition, according to the Manila Bulletin newspaper. Its net sales revenue grew by 12% to US$219m from US$196m. This was due to over 20% growth in the sales volume of bagged and bulk cement even though the price of cement has fallen, in part because of imports. The cement producer is set to commission a third production line at its Bulacan plant in 2018.

Philippines: Manufacturers have called for the Department of Trade and Industry (DTI) to increase the number of testing facilities to process imports of cement and steel.

Jesus L Arranza, chairman of the Federation of Philippine Industries (FPI), and Roberto Cola, president of the Philippine Iron and Steel Institute, made their plea as the DTI Consumer and Welfare Protection Group is set to release the revised department administrative orders (DAO) on the inspection and monitoring of standards of imported steel and cement, according to the Manila Bulletin newspaper. Cola said that testing of products under mandatory standards, including steel and cement, is only conducted by the Metals Industry Research Development Center of the Department of Science and Technology. Both industry representatives have called for the DTI to accredit more testing agencies.

The proposed revised DAO is seeking to implement a pre-shipment certification system, in which cement and steel products have to be certified that they met the safety and quality standards at the port of entry. The shipment will also undergo post-shipment inspection upon arrival.

Philippines: The Board of Investments (BOI) has approved Eagle Cement’s application to build a third production line at its Bulacan cement plant. The cement producer plans to increase the site’s clinker production capacity to 4.2Mt/yr from 2.8Mt/yr and its cement production capacity to 7.1Mt/yr from 5.1Mt/yr, according to the Philippine Star newspaper. The upgrade has a cost of around US$138m.

The BOI, part of the attached agency of Department of Trade and Industry, has also approved an application by Eagle Cement’s subsidiary South Western Cement Corp. (SWCC) to become a new cement producer on a non-pioneer status but with pioneer incentives.

Philippines: A gap between local production and demand is expected to lead to a deficit in cement for the next three to four years to 2020. Napoleon Co, president and owner of cement importer Cebu Oversea Hardware, told the Manila Bulletin newspaper that imports from China and other countries in the Association of Southeast Asian Nations (ASEAN) should be able to address the shortfall until new production capacity is built. Co added that the country imported 6Mt of cement in 2016 mainly from China and Vietnam. Similar or higher volumes of imports are expected in 2017.

Cement importers have been lobbying the Department of Trade and Industry to allow pre-shipment inspection and certification of cement. However, local cement producers have opposed the change.