Cemex to build Philippines plant

By Chris Sleight14 May 2015

Cemex has announced plans to invest US$ 300 million in a new 1.5 million tonnes per year cement plant in the Philippines. The plant will be built at the company’s existing site in Luzon, and Cemex says it will increase is cement capacity in the Philippines by +25%.

Cemex CEO Fernando A Gonzalez said, “We see a positive outlook in the business environment and we are committed to be a reliable cement supplier given the growing need for high quality building materials required for public infrastructure, commercial projects, and housing.”

Earlier this month Cemex inaugurated the expansion of its plant in Cebu, which it says is the largest cement plant in the Philippines. The company said this represented a US$ 80 million investment and increased the plant’s capacity by +40%. The company has also invested in a network of logistics centres in Visayas and Mindanao.

It has set up a US$18.6 million waste heat-to-energy power plant which will capture the excess heat in one of its cement production facilities to produce usable electricity. Cemex added that it is already using alternative fuels such as rice husks and refuse-derived fuel (RDF) in the to minimise energy costs.

“We are preparing our facilities for the increasing demand in the Philippines, reiterating our commitment to support the development of the country,” said Cemex Asia president Joaquin Estrada. “We endeavour to be a partner of the Philippine government and the business community in ensuring growth and progress.”

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
Post-pandemic demand leads to long delivery times
Government stimulus measures following the global pandemic have led to a surge in demand for construction equipment
Industry interview: Sany builds towards a sustainable future
Industry interview: Sany takes steps towards building a sustainable future
Opinion: Connected construction
Ian Barnes of Sitech UK & Ireland, offers advice on building a connected construction site
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA