Displaying items by tag: Philippines

Philippines: San Miguel Corporation’s cement sales more than tripled year-on-year to US$183m during the first quarter of 2023, from US$57.1m during the first quarter of 2022. The group’s cement business contributed 3% of consolidated sales, compared to 1% in the first quarter of 2022. Overall, group sales rose by 9% to US$6.17bn, the Philippine Daily Inquirer newspaper has reported.

San Miguel Corporation completed its acquisition of Eagle Cement in December 2022.

Philippines: Cemex Philippines (CHP) says it has reduced the CO₂ emissions from its subsidiaries, Solid Cement Corporation and APO Cement Corporation, by 50% between 1990 and 2022. From 2020 to 2022 CHP reduced its net CO₂ emissions by 18%. The company claims this is the highest CO₂ emissions reduction in the sector based on publicly released information.

Luis Franco, the president and chief executive officer of CHP, said "This milestone CO₂ reduction was possible because of our team's high commitment to achieve net zero. We are on track to meet our ambition of less than 430kg of net CO₂ per tonne of cement by 2030 and deliver net-zero CO₂ concrete by 2050." He added that the company is confident it can reach a 67% reduction by 2030 through the continued used of alternative fuels and decarbonated raw materials.

Philippines: Holcim Philippines recorded sales of US$490m during 2022, down by 1% year-on-year from US$499m. Sales rose by 9% year-on-year to US$266m during the second half of the year, 53% of the full-year figure. Throughout the year, the producer increased its alternative fuel (AF) substitution rate by 20% year-on-year and processed 1Mt of waste from industrial partners and local government bodies. Digitisation initiatives and alternative raw materials substitution helped the producer to reduce its specific CO₂ emissions by 7%. The Business Mirror newspaper has reported that the year also brought 'surging' energy and fuel costs for the producer.

President and CEO Horia Adrian said "In the face of extraordinary challenges, our company and people displayed tremendous resilience that enabled us to deliver positive financial performance and contribute to building progress in the country. Alongside a strong sales rebound in the second half and expansion of our customer base, we accelerated the decarbonisation of our operations."

Philippines: Knauf Gypsum Philippines has petitioned the Philippines Tariff Commission to reduce the import duty on imports of Omani gypsum to 0% of value. Currently, Oman’s gypsum enjoys a most favoured nation (MFN) reduced tariff rate of 3%. The Oman Daily Observer newspaper has reported that high gypsum wallboard demand has created short supply of gypsum in the Philippines, according to Knauf Gypsum Philippines. Beside the company’s wallboard operations, the raw material is also critical to cement production in the country.

The Philippines receives a minor share of Oman’s 8.74Mt/yr of natural gypsum exports. The Southeast Asian country has a housing backlog of 6m units.

Philippines: Germany-based TÜV Nord has awarded three ISO certificates to Philcement Corporation's Bataan cement bagging plant and distribution centre in Mariveles. The facility achieved an ISO 9001:2015 for quality management, an ISO 45001:2018 for occupational health and safety management and an ISO 14001:2015 for environmental management.

Philcement Corporation, a subsidiary of PHINMA Corporation, previously secured a loan towards an upgrade to the Bataan terminal in September 2022.

Chair Ramon del Rosario Junior said “As we continue to provide a reliable and consistent supply of cement products of good quality, these ISO certifications attest to PHINMA, Philcement and our partners’ expertise in this industry. These give us even greater confidence in our operations and especially in the products that we offer our customers."

Philippines: Century Peak Cement Manufacturing has started distributed its cement products to the Visayas region. Its blended hydraulic and ordinary Portland cement product received quality standard certification from the Department of Trade and Industry in January 2023.

Century Peak Cement operates a plant at Pinamungajan in Cebu with associated limestone reserves. The unit has its own pier.

Philippines: Cemex Philippines has secured a contract with Manila Water Company for the supply of biosolids from sewage processing for use as alternative fuel (AF). Cemex Philippines has already taken receipt of 10t of biosolids at its Antipolo cement plant in Luzon's Calabarzon Region.

Cemex Philippines’ sustainability and public affairs director Christer Gaudiano said “As pioneers of the use of biosolids as AF in the country, we have just signed what will now create the series of significant steps towards making circular economy a reality."

Sustainability initiatives form one arm of Asian Development Bank (ADB) and the ASEAN Capital Markets Forum's Golden Arrow award for good management, which Cemex Philippines won for the second time on 9 February 2023.

Philippines: CRH subsidiary Republic Cement and its waste management subsidiary Ecoloop are seeking to establish partnerships with 'sustainability-minded' organisations. BusinessWorld News has reported that Republic Cement and Ecoloop process waste for 12 private companies and 30 local government units. Philippines law will require that large organisations recover 80% of their plastic packaging waste by 2030. For 2023, the minimum is 2023.

Ecoloop managing director Angela Edralin-Valencia said “Our goal is to make our cement a greener and more environmentally friendly product. Our ambition is to replace 50% of our fuel consumption with alternative fuel (AF)." She added "A lot of investments have to be put in place from our end to get to that number, but we are still reviewing our options.”

Philippines: Cemex has launched an offer to acquire 12% of outstanding shares in Cemex Philippines, giving it a 90% stake in the company, for US$38m. Axis Negocios News has reported that the group is seeking to increase and consolidate its interests in Cemex Philippines in order to assess a potential divestment from its position.

In December 2020, Cemex increased its stake in its subsidiary Cemex Latam Holdings by 20% to 93%. It subsequently divested part of that business in 2022.

Philippines: Holcim Philippines carried out 70 upgrades aimed at increasing automation in its operations during 2022. The projects aim to optimise cement production, generate cost savings and ensure best safety practices. The Manila Times has reported that new Industry 4.0 initiatives include equipment monitoring systems offering 90-day performance projections, software capable of predicting cement's strength development and drones to replace visual inspections in remote spaces.

Holcim Philippines said that it is currently exploring the use of new predictive technologies in its operations.