Republic Cement, a major cement producer in the Philippines, has announced plans to boost its output by 25% next year in order to meet growing domestic demand.
The company currently has six manufacturing plants: four are located in Luzon, with one in Mindanao and one in Visayas.
Nabil Francis, President of Republic Cement, noted that the company produces approximately 7.5 million t, and has recently revamped 5 of its six plants, adding: "The only one that will not change is the one in Visayas."
According to Francis, the local cement market accounts for 33.5 million t, which is actually less than the grinding capacity of local industry - "It means, techincally, the local industry could supply the demand."
Francis claimed that imported cement accounted for 17% of total supply, but rose as high as 40% in regions, such as Visayas and Mindanao - the scheduled increase in capacity would be used to increase supply to these provinces.
"We believe that the future of the Philippines should be built by locally manufactured cement and that's why we have invested in growing our capacity", he said."
Read the article online at: https://www.worldcement.com/asia-pacific-rim/11112019/republic-cement-to-boost-production-capacity-by-25/