CEMEX Holdings Philippines (CHP) subsidiary, SOLID Cement Corp., has agreed principal project agreements with CBMI Construction Co. Ltd for the procurement, construction, and installation of a new cement production line at the plant in Antipolo City. The new line will have production capacity of 1.5 million tpy.
Expected investment in the plant will total around US$235 million. On completion, the plant will represent a 26% increase in CHP’s cement capacity in the Southeast Asian country. The line is expected to come online by 4Q20.