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The Philippines' government's PHP8trn (US$150.3bn) infrastructure programme - Build Build Build is creating a huge demand for cement in the country.
New and existing cement producers are adding capacities to fill demand generated from the construction boom in the next few years. To meet the rise in cement demand, Cemex's cement plants in Antipolo and Cebu are running 24/7 at maximum capacity and also investing PHP3bn (US$56.3m) this year to build an additional 1.5Mta cement production line that will bring the total capacity of its Antipolo plant to 3.4Mta.
Meanwhile, Holcim Philippines' current cement projects are expected to raise its cement capacity nationwide to 12 million metric tons by 2019 from the current 10 million metric tons. The company is also looking to invest in additional clinker lines as the Philippines' construction sector is expected to sustain strong growth.
Eagle Cement, Northern Cement Corp., Pacific Cement Corp., San Miguel Corp. and Taiheiyo Cement Philippines have also indicated plans to expand.
Find out more about "Build, Build, Build Infrastructure Program and the Effect on Cement Demand in the Philippines" from Dr. Ishmael Ordonez, VP - Operations and Admin, Big Boss Cement at CMT's 20th Asia CemenTrade Summit on 13-14 November, 2018 in Bangkok.
Contact Grace Oh at email@example.com or call +65 6346 9147 for more information.