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Taiheiyo Cement Philippines to more than double capacity of San Fernando cement plant

17 August 2023

Philippines: Taiheiyo Cement Philippines plans to install a second production line at its 0.8Mt/yr San Fernando cement plant in Cebu. The Philippines Department of Trade and industry says that the new line will more than double the plant’s capacity to 3Mt/yr. It will also entail an upgrade to reduce its total energy-related CO2 emissions by 10%. The Philippine Daily Enquirer newspaper has reported that the producer will additionally build a 700,000t/yr terminal at Calaca in Batangas. The facility will cost US$68.4m. Altogether, the company expects its growth plans to generate 2000 new jobs in the Philippines. The Philippines government has committed 6% of gross domestic product (GDP) to infrastructure investments annually.

Taiheiyo Cement Philippines previously indicated in August 2022 that the San Fernando cement plant might eventually expand to a capacity of 5Mt/yr. At that time, it expected to commission the new Line 2 in May 2024.

Special trade representative to the Philippine Trade and Investment Centre in Tokyo, Dita Angara-Mathay, said "The company's latest announcement materialises its plans to expand to Luzon from its long-time base in the Visayan region."

Published in Global Cement News
Tagged under
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  • Taiheiyo Cement
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  • Expansion
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  • Infrastructure
  • construction
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  • Philippine Trade and Investment Centre
  • trade
  • GCW622

CRH diversifies shareholding

17 August 2023

Ireland: 26 hedge funds have bought or expanded stakes in CRH since 30 June 2023. Bloomberg has reported that existing shareholders that expanded their holdings included US-based Baupost Group and Soros Fund Management.

CRH is due to complete its transition into a primarily US-listed company in late September 2023.

Published in Global Cement News
Tagged under
  • Ireland
  • US
  • CRH
  • shareholders
  • investor
  • stock exchange
  • Baupost Group
  • Soros Fund Management
  • GCW622

Cemento País’ upcoming 475,000t/yr Aguas Prietas grinding plant nears completion

17 August 2023

Colombia: Cemento País expects to commission its upcoming Aguas Prietas grinding plant in Turbaco, Bolívar, soon. The plant will have a capacity of 0.48t/yr, and cost US$20m in total. ESEuro News has reported that investors in Cemento País include engineering and construction firm AGM Desarrollos. The owners expect to corner a 15% share in Colombia’s Atlantic Coast cement market. The Aguas Prietas grinding plant will also produce 300,000m3/yr of ready-mix concrete.

Published in Global Cement News
Tagged under
  • Colombia
  • Cemento País
  • grinding plant
  • Investment
  • readymixed concrete
  • market
  • GCW622

Death at cement plant in Kinta District

17 August 2023

Malaysia: Police reported the death of a man at a cement plant in Kinta District on 16 August 2023. The 26-year-old contractor had been cleaning hardened cement from a silo through its manhole, when he fell in and was submerged by cement. Medical staff pronounced him dead after his arrival at hospital. Perak State Occupational Safety and Health Department has issued a stop-work notice to the contractor.

Cement plants in Kinta District include Aalborg Portland Malaysia’s Aalborg Perak plant, Malayan Cement’s Kanthan plant and Tasek Cement’s Tasek cement plant.

Published in Global Cement News
Tagged under
  • Malaysia
  • tragedy
  • disaster
  • Death
  • contractor
  • Silo
  • Safety
  • violation
  • Government
  • Maintenance
  • GCW622

Uzbekistan grows six-month cement production year-on-year in 2023

17 August 2023

Uzbekistan: Uzbek six-month cement production was 5.7Mt during the first half of 2023, the Agency for Statistics of Uzbekistan has reported. The figure corresponds to growth of 10% year-on-year.

Published in Global Cement News
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