Holcim Philippines - updates

Rappler's latest stories on Holcim Philippines


With no PCC nod, San Miguel cancels Holcim PH takeover

May 11, 2020 - 10:05 AM

The Philippine Competition Commission earlier raised concerns that the deal would lead to monopoly in the grey cement industry

Antitrust body slams San Miguel-Holcim deal, raises monopoly concerns

Jan 31, 2020 - 6:48 PM

(UPDATED) The Philippine Competition Commission says San Miguel’s planned acquisition of Holcim Philippines will weaken competition in the grey cement market

Delayed national budget sinks Holcim's earnings in H1 2019

Jul 31, 2019 - 3:00 PM

Cement maker Holcim Philippines blames the delayed passage of the 2019 national budget for the slowdown in public infrastructure projects, which caused muted demand for cement

San Miguel acquires 85.7% of Holcim Philippines for $2.15B

May 10, 2019 - 12:50 PM

'The acquisition of HPI will increase the foothold of the San Miguel Group in the cement business, and will provide the opportunity to implement its plan to expand its cement business nationwide,' says San Miguel

Ramon Ang's Eagle Cement to go public in May

Mar 02, 2017 - 3:05 PM

The 4th largest cement firm in the Philippines is expanding its production capacities as the Duterte administration plans to spend more for infrastructure projects

3RD CEMENT FIRM. Eagle Cement will be the 3rd cement company to be listed with the Philippine Stock Exchange. The two others are Holcim Philippines Incorporated and Cemex Holdings Philippines Incorporated, which conducted an IPO in 2016. Rappler file photo

Lopez tells big mining firms to improve community dev’t programs

Dec 30, 2016 - 10:00 AM

Environment Secretary Gina Lopez says she wants the DENR mining firms and the host community to jointly manage the Social Development and Management Program fund

Holcim Philippines reports banner year in 2015

Mar 03, 2016 - 11:28 AM

The chief of Holcim Philippines says investments in facilities improved the company s operating efficiency

HIGHER INCOME. 2015 financial performance of Holcim was also boosted by the revaluation of its investment in an affiliate. File photo from Holcim

Holcim PH okays plan to buy Lafarge Republic's assets

Jul 10, 2015 - 6:29 PM

It was in July 2014 when Holcim and Lafarge came up with a plan to create the world’s largest cement manufacturer

MEGA-MERGER PROCEEDS. Cement giants Holcim Philippines and Lafarge Republic is a step away from planned merger

Holcim strike averted after settlement – DOLE

Nov 27, 2014 - 6:23 PM

Management and unions settle the dispute through mediation by the labor department

Holcim Philippines eyes Lafarge Republic’s assets

Oct 28, 2014 - 5:04 PM

Lafarge Republic’s major shareholders say they are interested to sell their shares as the global merger of the firms is set to be completed by the first half of 2015

PH units of Holcim, Lafarge explore merger

Jul 07, 2014 - 3:40 PM

The companies are now studying merging their operations after their parent firms announced their own merger last April

MEGA-MERGER. A newspaper report says top cement companies Holcim and Lafarge have agreed to merge. Photo provided by Holcim

Holcim first-half profit jumps 52% to P3-B

Aug 12, 2013 - 12:29 PM

Healthy construction activities by both government and private sector props up demand for cement

STRONG DEMAND. Holcim Philippines enjoys higher earnings in the first half, thanks to strong demand for cement from government and private sector. Photo provided by Holcim

Cement firms are 'collateral damage' of mining EO - Holcim

Jul 31, 2012 - 10:40 PM

A large cement player is worried that the Mining EO could threaten the viability of their long term investments