In cement we trust

Republic Cement group will be investing $300-million to boost the capacity of all its integrated plants in Luzon and Mindanao, both milling and clinker production, by 2019. This would just be the first phase of planned capacity  development activities  of the joint venture between  Ireland-based CRH and local conglomerate Aboitiz Equity Ventures. These investments, which will increase cement production capacity by 3 million tons per annum, assures continued supply of cement for the local construction sector in light of the strong demand for commercial and residential spaces and the current administration’s infrastructure plans.  Republic Cement recently shared its expansion plans with the DTI Board of Investments (BOI). Present were (from left to right): Dr. Ceferino Rodolfo, undersecretary, DTI, ; Peter Buckley, chief operating officer, CRH Asia Pacific Pte. Ltd.; Renato Sunico, president, Republic Cement & Building Materials, Inc.; Sec. Ramon Lopez of the DTI; Peter Edwards, chief operating officer, Republic Cement Services, Inc., Roman Azanza III, first vice president, Aboitiz InfraCapital, Inc.; Reinier Dizon, vice president, strategy & business development, Republic Cement Services, Inc.

Topics: Republic Cement , CRH , Aboitiz Equity Ventures , Department of Trade and Industry , DTI , Board of Investments , BoI
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by Manila Standard. Comments are views by readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with Manila Standard editorial standards, Manila Standard may not be held liable for any false information posted by readers in this comments section.