Philippines: San Miguel adds three new cement plants in expansion drive

The Philippines-based San Miguel Corporation is adding a further three cement factories as part of its expansion drive. This would increase the group's proposed cement manufacturing investment to nearly US$1 billion (€881.95 million). In July 2015, San Miguel announced it is to invest US$800 million in two cement factories that are due for completion in 2017.

September 24, 2015 Read time: 1 min

The Philippines-based San Miguel Corporation is adding a further three cement factories as part of its expansion drive.

This would increase the group's proposed cement manufacturing investment to nearly US$1 billion (€881.95 million).

In July 2015, San Miguel announced it is to invest US$800 million in two cement factories that are due for completion in 2017.

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Malaysia’s cement sector is targeted by San Miguel

Philippines-based San Miguel is considering to re-enter the cement sector in Malaysia's Sarawak state.

In 2007, the group had sold Sarawak Clinker. Ramon S Ang, president of San Miguel, says that securing government permissions are difficult although the company is interested to open cement factories in the state.

September 25, 2015