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Philippines’ cement sales predicted to grow by double digits in 2016

Cement producers in the Philippines registered an 18.6% year-on-year increase in their collective sales volume to 6.37 million tonnes in July-September 2015, while their sales volume for January-September 2015 rose 13.% to 18.28 million tonnes, disclosed the Cement Manufacturers Association of the Philippines. The cement industry is projected to report a double-digit growth rate in its sales volume in 2016 compared to the average 8% posted between 2010 and 2014, with sales in 2016 to be driven by stable
January 12, 2016 Read time: 1 min

Cement producers in the Philippines registered an 18.6% year-on-year increase in their collective sales volume to 6.37 million tonnes in July-September 2015, while their sales volume for January-September 2015 rose 13.% to 18.28 million tonnes, disclosed the Cement Manufacturers Association of the Philippines.

The cement industry is projected to report a double-digit growth rate in its sales volume in 2016 compared to the average 8% posted between 2010 and 2014, with sales in 2016 to be driven by stable demand from the private sector and implementation of large-scale public infrastructure projects.

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