Cemex opens new Philippines cement mill

Cemex new Philippines cement mill increases the capacity of Cemex’s Apo Plant by 1.5 million metric tons per year or an additional 40% in total production capacity of Cemex Philippines

Cemex Philippines opened a new P3-billion cement mill at its Apo Cement Plant in Naga City, Cebu, as part of its comprehensive expansion plan in the country, on Friday, May 1.

The mill increases the capacity of Cemex’s Apo Plant by 1.5 million metric tons per year or an additional 40% in total production capacity of Cemex Philippines.

During its construction, the project generated an estimated 800 jobs. Apo Cement Corporation employs around 950 regular and direct contract personnel.

“Our interest in the country remains very high, and we continue to study closely new opportunities as we see how the administration is doing a very good job in boosting inclusive growth efforts and economic standing,” said Joaquin Estrada, Cemex Asia president.

Aside from the cement mill in Cebu, Cemex Philippines has finished the construction of new marine distribution terminals located in Manila, Iloilo, and Davao at a total cost of P1 billion.

Cemex Philippines has also acquired new businesses recently, involving ready-mix concrete, aggregates production and distribution, concrete pavements, and affordable housing solutions.

Source

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