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Holcim spending P400m

Posted May 3rd, 2012 by Jenniffer B. Austria
[ manilastandardtoday.com ] May 3, 2012

Holcim Philippines Inc. is spending P400 million to reopen a grinding plant in Mabini, Batangas amid an expected rise in cement demand.

Holcim Philippines chief operating officer Roland Van Wijen said in an interview Wednesday the Mabini plant, which will be reopened starting early next year, would increase capacity by up to 22.5 million cement bags annually.

The Mabini plant will be the company’s second facility in Batangas. Early last year, Holcim reactivated its Calaca, Batangas plant to serve customers in Southern Luzon, where demand is highest.

“South Luzon is one of the fastest-growing areas in the country and we expect this growth to continue, fueled by both public and private construction,” Van Wijen said.

Holcim acquired the Mabini plant in 2003. The plant’s operation, however, was deferred due to low cement demand.

Cement demand is expected to grow as the government starts to spend for infrastructure projects.

“In the future we may also build a new plant,” Van Wijen said.

(Published in the Manila Standard Today newspaper on /2012/May/03)
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