Holcim terminal reopened in anticipation of high demand
Holcim Philippines has re-opened a terminal in Calaca, Batangas, which was mothballed in 1999.
In anticipation of a growth in demand in the Philippines following increased private and public construction spending, the company took the decision to recommission to plant. According to the company’s Senior Vice President, Ed Sahagun, “The Metro Luzon area is one of the growth centers of the country. The highways and urban centers being built in this area are proofs of its economic potential and dynamism...We have opened the Calaca facility to ensure the availability of our products to support these projects.”
It is not simply a case of announcing the terminal open. Some P63 million was invested in updating the facility, including the installation of modern operating systems and taking measures to reduce emissions. A new vessel has also been leased to serve the facility. Its primary duty will be to transport cement from the company’s plant in Lugait, Misamis Oriental.
Meanwhile, the duty free import of cement will continue as the zero tariff was extended on 17th January for a further 6 months in a bid to support construction projects by helping maintain low prices. The Cement Manufacturers Association of the Philippines has warned, however, that the zero tariff encourages dumping of sub-standard cement by countries with excess capacity.
Read the article online at: https://www.worldcement.com/asia-pacific-rim/18012011/holcim_terminal_reopened_in_anticipation_of_high_demand/
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