×

Warning

JUser: :_load: Unable to load user with ID: 772

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.

Pakistan: Two workers have died at DG Cement’s Khairpur plant. They were both killed by ammonia gas poisoning after falling into a sewer at the site, according to the Dawn newspaper. The investigation continues.

Mexico: Rogelio Zambrano, president of the board of directors of Cemex, says that the group intends to spend US$850m towards expanding existing cement plants and promoting renewable energy projects in 2019. Around US$160m will be invested in Mexico, mainly in central and southeastern plants, according to the Expansión newspaper. Zambrano made the comments at an annual investors meeting. The group has also published its integrated report for 2018. It reported a 27.1% alternative fuels substitution rate for the business and a 26% rate of power consumption for cement production from renewable sources.

Colombia: Argos Group plans to invest US$819m in its cement, construction and energy subsidiaries in 2019. The spending at Cementos Argos will aim to double the company’s earnings from 2018 to 2023.

More Articles ...

Subcategories