Republic Cement boosts capacity with new investments

Republic Cement boosts capacity with new investments
Posted June 26, 2017
The Republic Cement group, a joint venture of Ireland-based CRH and local conglomerate Aboitiz Equity Ventures, will be investing an initial USD $300 million investment for its capacity development activities. The first phase focuses on increasing the capacity of all its integrated plants in Luzon and Mindanao – both milling and clinker production. Several new state of the art mills in Luzon and Mindanao will increase cement production capacity by 3 million tons per annum.  In addition to new mills, improved process technology will drive increased clinker output from all of its four Luzon plants – equivalent in capacity terms to a new kiln line investment.  First phase development will be completed by 2019.
 
“We welcome investments for the stable supply of construction materials in support of the government’s ‘Build, Build, Build’ campaign," shares DTI Secretary Ramon M. Lopez

A second and concurrent phase of investment is anticipated in 2018 to develop significant new clinker capacity. Detailed plans to be announced subsequently.   
 
With these, Republic Cement seeks to ensure sustainability, as it will employ modern technologies that not only increase energy-efficiency but also improve its environmental performance, in line with the CRH Group’s global sustainability targets.  This is in addition to its current extensive use of alternative fuels, including rice husk and municipal waste, across its current manufacturing footprint.
 
These investments will help ensure a 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 aggressive infrastructure plans. Said expansion activities are supported by the Department of Trade and Industry through the Board of Investments.
 
"For contributing to the development of the infrastructure sector that will pave the way towards job creation and domestic growth, we thank Republic Cement, as well as our local manufacturing companies, which have become our partners in advocating inclusive growth,” says Secretary Lopez.

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