APO announced a P10 increase per bag in its cement products in Cebu and other areas in Visayas starting Monday.
APO Cement said production costs had suddenly risen after opting to buy raw materials from different areas in the country and abroad with the suspension of its main supplier of raw materials, APO Land & Quarry Corp.
APO Cement accounts for 20 percent of clinker production in the Philippines and 60 percent of CEMEX’s total volume in the country where at least 275,000 bags are produced daily.
ALQC’s operations remain suspended nearly two months after the landslide in the City of Naga, Cebu. Expert geologists from the Department of Environment and Natural Resources-Mines and Geosciences Bureau ruled the landslide was a natural phenomenon.
ALQC earlier said it could no longer support the 8,000 individuals in 11 evacuation centers in the City of Naga, Cebu starting Nov. 16 due to lack of resources.
