Philippines: higher cement sales in first nine months

Cement producers in the Philippines registered a 13.6% year-on-year increase in their collective sales volume from 16.39 million tonnes to 18.28 million tonnes during the nine months ended September 2015 including 6.37 million tonnes (up 18.6%) in July-September 2015 alone. The Cement Manufacturers Association of the Philippine (CEMAP), which disclosed the information, attributed the sales growth to the recovery of the real estate market and a stable infrastructure spending.
November 3, 2015 Read time: 1 min

Cement producers in the Philippines registered a 13.6% year-on-year increase in their collective sales volume from 16.39 million tonnes to 18.28 million tonnes during the nine months ended September 2015 including 6.37 million tonnes (up 18.6%) in July-September 2015 alone.

The Cement Manufacturers Association of the Philippine (CEMAP), which disclosed the information, attributed the sales growth to the recovery of the real estate market and a stable infrastructure spending.

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