Eagle Cement plans third line at Bulacan plant
Published by Jonathan Rowland,
Editor
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
Ready to revolutionise the cement industry?
Join World Cement in Lisbon, 10 – 13 March 2024, for our first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
A sustainable step forward
Lafarge Canada and CarbiCrete partner to scale deployment of carbon-negative concrete technology.
