Century Peak Holdings Corp. said Tuesday its construction-related business, Century Peak Cement Manufacturing Corp. received quality standard certification from the Department of Trade and Industry for its Pro (blended hydraulic) and Prime (Portland) cement products.
Century Peak said in a disclosure to the stock exchange the certification of quality, which means that its cement’s variants meet or exceed the requirements set by the Bureau of Philippine Standards, is the final hurdle before the brand enters the market this month.
It said the industry’s newest player would be primarily engaged in the business of manufacturing, production and merchandising of cement, cement products and by-products, including derivatives and all kinds of minerals and building materials.
Located in Pinamungajan, Cebu, the manufacturing plant sits some 2 kilometers from the initial quarry site of another Century Peak subsidiary, Century Peak Mineral Development Corp., which is the source of the limestone raw material used for producing cement.
“Evolving to include cement manufacturing proved to be natural for the business as a sister firm operates a mining site that yields a lot of limestone which we can now translate to another revenue-generating endeavor. With our own pier located near the plant, we can easily transport our cement products throughout the country in a more cost-efficient manner,” said Century Peak vice president for finance Katrina Keng.