Finance/Corporate Affairs

LAFARGE REPUBLIC INC. POSTS 15% TOTAL SALES REVENUE INCREASE IN 2012, RECORDS 1 BILLION PESO PROFIT IN Q1 2013

Manila, May 28 2013 – Lafarge Republic Inc. (LRI) reported during its Annual General Stockholders meeting that its consolidated 2012 sales revenue amounted to Php 19.9 Billion, a 15% increase over the previous year. LRI cited innovative sales and marketing campaigns as major contributors to the growth which was achieved despite of one-off reliability issues with key equipment during the first half of the year.

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CEMEX earmarks P2.5B to expand Naga plant

CEBU CITY— Anticipating an increase in demand for cement in the country, CEMEX Philippines is embarking on a P2.5-billion expansion of Apo Cement Corporation’s  facility in the city of Naga, Cebu.

Normandy Chan, Apo plant director, said the expansion plan would increase the Naga plant’s production capacity by 1.5 million metric tons to 4 million MT yearly.

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CEMEX to expand Naga plant production

Cement manufacturer CEMEX Philippines is allotting P2.5 billion for the expansion of its Naga plant and increase in production capacity from 2.5 million metric tons (MT) to four million MT per year. 

The investment, which covers the construction of the vertical mill, is reported to bring in an additional 1.5 million MT per year. Its construction is expected to be completed by the second quarter of 2014.

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CEMEX invests P2.5 billion to hike output

NAGA CITY, CEBU— Consistent with its thrust of placing assets in areas with opportunities for growth, cement manufacturer CEMEX Philippines is investing P2.5 billion to increase production of its Apo cement plant in Cebu to meet the growing demand nationwide.

Normandy Chan, plant director, said on Wednesday the new investment is expected to boost current cement-making capacity of 2.5 million metric tons (MMT) annually by another 1.5 MMT per year.

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Cement maker to spend P2.5B to raise capacity

CEMEX Philippines is investing about P2.5 billion this year to expand production capacity of its cement plant in Cebu while ensuring sustainable and environment-friendly operations.

The Cebu facility, located in Naga City which is about 23 kilometers south of this city, is operated by APO Cement Corp. (APO), a unit of CEMEX.

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CEMEX taps PLDT ALPHA Enterprise for contact center solutions

Leading cement manufacturer CEMEX Philippines has tapped PLDT ALPHA enterprise to help modernize its communications systems and enhance the operability of its service center. With PLDT’s Cosmocall contact center solution, powered by… Continue reading

Holcim Philippines posts strong Q1 results

Key Messages

  • Holcim Philippines posted improved financial performance on strong sales, sustained cost management efforts and increased production efficiency.
  • The company expects demand to pick up in the second quarter as the private and public sector ramp up construction to take advantage of the dry season.
  • Efforts to revive the grinding plant Mabini, Batangas are on track, ensuring the accessibility of Holcim products in the growing south Luzon market

Cement demand growth slowed to 3.4% in the first quarter of 2013 as the sector was coming from a very high base with the record volumes registered last year, according to the Cement Manufacturers Association of the Philippines.

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Record year for Holcim Philippines

  • Cement industry volumes in 2012 soared 18%, its highest growth in 15 years
  • The company is bullish about its prospects with construction activity seen to remain strong this year given the positive economic environment, and is looking to increase its capacity 

Leading cement manufacturer Holcim Philippines, Inc. (HPHI) registered record volumes in 2012, a fitting cap to its celebration of the global Holcim brand’s centennial year.

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Holcim Opens Cagayan de Oro Warehouse

Customers from Cagayan de Oro City and adjacent areas will now have a faster and more accessible way buying cement with Holcim Philippines set to open an office and a warehouse in the city.

William Sumalinog, Regional Operating Head of Mindanao Sales, said opening the warehouse and office in Cagayan de Oro City is part of Holcim Philippines’s commitment to better serve customers in the region.

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Strong private construction sustains Holcim volume growth

First half domestic sales volumes of leading cement manufacturer Holcim Philippines, Inc. rose by 16% year-on-year driven by construction projects led by the private sector. Total market growth was estimated at 14%, as the real estate sector continued to roll out various projects in anticipation of strong economic growth.

The company expects a positive full-year forecast, although it maintained that while the first half is a period of high demand, the second half is traditionally slower with the onset of the rainy season. Political and economic developments in the next few months will also be critical as this will influence the market’s ability to sustain performance.

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