Skip to main content

Eagle Cement plans third line at Bulacan plant

Published by
World Cement,


Philippine cement maker, Eagle Cement Corp., (ECC) eying construction of a third production line at its Bulacan plant. According to local media reports, the proposed line would come online by 2018.

The Bulacan plant currently has capacity of 5.2 million tpy. The new line would add 2 million tpy to that, bringing total capacity to 7.1 million tpy. The plant only began operations in 2010 and has already added a second to keep up with an increase in demand.

“The construction of the third line is already fully funded,” the company told reporters on a recent plant tour.

The company also said it was looking to construct a smaller plant in Cebu by 4Q17 with a capacity of 2 million tpy. Funds for the project will be provided by an initial public offering of 11.5% of the company’s shares, planned for early May. The IPO aims to raise PHP9.2 billion (US$183.3 million).

Read the article online at: https://www.worldcement.com/asia-pacific-rim/07042017/eagle-cement-plans-third-line-at-bulacan-plant/

You might also like

 WCT2020

WCT2020

WCT2020 provides a unique online forum for cement industry professionals to hear first-hand from experts through a series of exclusive presentations from cement producers and industry experts.

Find out more and register for the series »

 

 Spotlight

World Cement Spotlight with Rockwell Automation

World Cement Editor, David Bizley, sat down with Michael Tay, Advanced Analytics Product Manager at Rockwell Automation to discuss his recent article in World Cement.

Entitled ‘Smooth Sailing’, this article explains how machine learning can help save energy, reduce downtime and predict equipment failures, thus enabling the smooth running of cement plant operations.

Watch the interview now »

 
 
 

Embed article link: (copy the HTML code below):