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Importers warn of looming cement shortage

THE Philippine Cement Importers Association (PCIA) warned of a looming cement shortage within the next two months, amid concerns over proposed government measures to protect the local cement industry.

A construction boom and a thriving cement industry

Construction activities in the Philippines are swelling. According to the Philippine Statistics Authority (PSA), the total number of constructions in the second quarter of...

Cemex net income down despite higher cement sales

CEMEX Holdings Philippines, Inc. (CHP) swung to a net loss in the second quarter of 2018, as higher income tax expenses dragged its bottomline despite rising cement volumes.

Competition, higher costs weigh on Holcim Q2 profit

Earnings of Holcim Philippines, Inc. slumped by a fourth in the second quarter of 2018, as higher costs and stiff competition dragged the double-digit...

Holcim profit drops in first quarter

Holcim Philippines, Inc. reported a 26.5% drop in its attributable profit for the first three months of 2018, although noting that sales volumes have...

Holcim introduces PROSOLUTIONS to help partners build better amid construction boom

Much is expected of the construction sector as the government implements an ambitious plan to invest up to P8 trillion in upgrading infrastructures all...

Building the country’s future

By Mark Louis F. Ferrolino, Special Features Writer With the “Build, Build, Build” infrastructure program of the Duterte administration, the cement industry is now at the...

Republic Cement: Six decades of contributing to nation-building

For over 60 years, Republic Cement has been a partner in the Philippines’ transformation and a vital contributor to nation-building. Founded in 1955, the...

That which binds civilization

Though it is necessary in all roads, buildings and cityscapes, cement is often overlooked in its importance. It is the binding agent which is...

Cemex earnings drop 71% in Q1

EARNINGS of Cemex Holdings Philippines, Inc. (CHP) dropped by 71% in the first quarter of 2018, as higher volumes for the period failed to...

Sapna R. Sood: An empowering leadership

At a young age, Sapna R. Sood, president and chief executive officer of Holcim Philippines, a leading building solutions company, had her sights already...

Eagle Cement nets P4.26B in 2017

EAGLE Cement Corp. reported a net income of P4.26 billion in 2017, up 4% from the previous year, amid cost efficiencies and as sales...

Eagle Cement posts 4% profit growth in 2017

Eagle Cement Corp. reported a net income of P4.26 billion in 2017, up 4% from the previous year, as sales volume and cost efficiencies...

Lionel Richie honored at Hollywood ceremony

LOS ANGELES — Four-time Grammy winner Lionel Richie cemented his legacy in Hollywood Wednesday, plunging his feet and hands into a wet paving slab...

Holcim posts weaker profit amid ‘challenging 2017’

HOLCIM Philippines, Inc. reported a 61% drop in profit last year after a sluggish construction sector and tight competition hurt the company’s performance, it...

Holcim’s 2017 net income plunges 65.2%

Holcim Philippines, Inc. reported a 65.2% drop in net income last year to P2.4 billion from P6.9 billion a year earlier after a sluggish...

Drop in cement prices lead to Cemex earnings fall

EARNINGS of Cemex Holdings Philippines, Inc. (CHP) were cut by more than half in 2017, as higher cement volumes sold for the period failed...

AEV pins hopes on gov’t projects to lift cement sales

By Arra B. Francia, Reporter ABOITIZ EQUITY Ventures, Inc. (AEV) is banking on the implementation of the government’s infrastructure projects to boost its cement business...

Cement makers suffer weak quarter on falling sales

By Patricia Paola C. Marcelo CEMENT manufacturers Holcim Philippines, Inc. and Cemex Holdings Philippines recorded drops in their net incomes for the third quarter this...

Cemented contributions

According to Oxford Business Group (OBG), the effects of the sustained economic growth of the Philippines have been obvious in the construction industry, which...

Laying down the groundwork to progress

Holcim Philippines, Inc. From its inception in November of 1964, Holcim Philippines, Inc. has evolved as much as the country it had helped build. As...

Building trust in the business of building

CEMEX Philippines For several years, CEMEX Philippines has contributed to the story of Philippine nation building. Through its high-quality products and innovative solutions in cement...

Industry groups want post-shipment testing on steel, cement imports retained

By Anna Gabriela A. Mogato INDUSTRY groups in a press briefing scheduled Monday, Oct. 16, are expected to appeal anew to the Department of Trade...

AEV subsidiary to buy out Lafarge Republic’s minority at 0.2178 euros...

By Victor B. Saulon, Sub-editor A UNIT of Aboitiz Equity Ventures, Inc. (AEV) is acquiring 11.15% of Republic Cement & Building Materials, Inc. (RCBM) at...