Monthly Archives: December 2004

Philippine Cement Industry: Worried but Fighting Hard

(Featured at Tambuli:
Monthly Magazine of the Federation of Phil. Industries
Vol. 1 Issue #11 – December 31, 2004)

Philippine cement manufacturers continue to put up a hard fight to remain viable in a business environment that never seems to run out of surprises. Demand for cement remains weak as infrastructure growth in the last three years left much to be desired. Amid the prolonged slump, members of the Cement Manufacturing Association of the Philippines (CeMAP) had been forced to continue operating at an undesirable capacity utilization rate of 55-65%.

Significant increases in costs of inputs rendered the business environment even more challenging. An industry that relies heavily on power and fuel, the recent increases in power and fuel prices and the looming prospect of even more increases had posed a challenge to business prospects. World coal shortages had led to higher prices. Shipping and freight costs have also shot up to historic levels, sometimes ending up more expensive than some raw material being transported.

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FR Cement wins the safest cement plant award

Phil. Star, December 11, 2004

(Similar stories came out in Business World, Manila Bulletin, Manila Standard and Today)

FR Cement Corporation (FRCC) has been declared the safest cement plant in the country even as it clinched second place in the category for most improved safety performance.

In declaring FR Cement ‘The Safest Cement Plant in the Country for 2004, awarding bodies PSMEA (Philippine Mine Safety and Environment Association) and DENR-MGB (Department of Natural Resources – Mines Geosciences Bureau) cited FR Cement’s outstanding safety performance in every aspect of quarry and cement operations.

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