spot_img
Thursday, July 10, 2025
Today's Print

Concreat opens $356-m cement plant in Antipolo

Concreat Holdings Philippines (CHP), formerly Cemex Holdings Philippines Inc., announced Friday the completion of a $356-million new cement production line at its Solid Cement Plant in Antipolo City, adding 1.5 million metric tons in capacity.

The new line, which became fully operational in April 2025, will boost CHP’s annual production output by 26 percent to 7.2 million metric tons from 5.7 million MT.

- Advertisement -

CHP said the new line successfully passed standard confirmatory testing, ensuring full compliance with operational and product quality benchmarks.

“This expansion is a pivotal step in Concreat’s turnaround. With higher capacity, a more efficient kiln, and the use of Semirara coal, we are rebuilding momentum and lowering production costs—laying the groundwork for long-term recovery,” said CHP president and chief executive Herbert Consunji.

He said the capacity expansion also supports the company’s goal of helping build the country’s infrastructure by providing high-quality cement products.

The expansion is expected to generate direct and indirect employment opportunities. It will offer skills training, employee development and livelihood programs for nearby communities.

The Board of Investments earlier granted the project fiscal incentives and income tax holiday.

The new line is also equipped with modern, energy-efficient technology to help reduce pollutant emissions and deliver significant annual energy savings.

Construction of the expansion project started in 2019 when the company was still owned by Cemex Asian South East Corp. (CASEC). The project was delayed because of the COVID-19 pandemic and problem with the Chinese contractor.

The Consunji group completed the acquisition of CASEC, which owns 89.86 percent of Cemex Philippines in December 2024. The deal was worth $305.6 million.

Post-transaction, CHP is now 51-percent owned by DMCI Holdings Inc., while Dacon Corp. and Semirara Power and Mining Corp. accounted for 29 percent and 10 percent, respectively.

CHP is the fourth largest cement firm in the country.

Leave a review

JUST IN

spot_imgspot_imgspot_imgspot_img
Popular Categories
Advertisementspot_imgspot_imgspot_imgspot_img