Company Overview of Holcim Philippines, Inc.
Holcim Philippines, Inc., through its subsidiaries, primarily engages in the manufacture, sale, and distribution of cement and clinker products in the Philippines and internationally. The company produces Holcim Premium cement, an American Society for Testing and Materials (ASTM) type I Portland cement for general concrete construction; Holcim 4X, an ASTM C150 Portland cement for ready mix concrete applications; Holcim Excel, an ASTM type IP cement for general concrete construction; and Holcim WallRight cement, an ASTM C91 type S Masonry cement for use in block laying, plastering, and finishing. It also offers clinker; aggregates; read mix concrete products, such as structural, industrial ho...
Two World Square
Founded in 1964
Key Executives for Holcim Philippines, Inc.
Holcim Philippines, Inc. does not have any Key Executives recorded.
Holcim Philippines, Inc. Key Developments
Holcim Philippines, Inc. Announces Amendment to Articles of Incorporation
Sep 24 13
Holcim Philippines, Inc. announced the SEC approval of amendment to Articles of Incorporation of Article VI changing in number of directors from eleven to ten.
Holcim Philippines, Inc. Reports Earnings Results for the Second Quarter and Six Months of 2013
Aug 14 13
Holcim Philippines, Inc. reported earnings results for the second quarter and six months of 2013. For the quarter, the company’s profits rose 34% to PHP 1.62 billion on stronger sales and efficient operations. Revenues grew by 13% to PHP 8.11 billion and net income jumped 34% to PHP 1.62 billion, helped by increase in sales volumes, improving operational efficiencies and sustained cost management.
For the first half, the company’s revenues improved by 10.5% to PHP 15.28 billion and net income surged by 50% to PHP 3 billion.
Holcim Philippines, Inc. Approves Cash Dividend, Payable on Not Later Than July 12, 2013; Announces Management Appointments; Amends Articles of Incorporation; Approves Bulacan Expansion Project
May 23 13
Holcim Philippines, Inc. announced that board meeting held on May 23, 2013, approved cash dividend of PHP 0.55 per share to all stockholders of record as of June 21, 2013. Payment date will not be later than July 12, 2013. Ex-date is June 18, 2013.
The board meeting approved appointment of Saskia Groen-in’t-Woud as vice president - supply chain, Ernesto C. Paredes as vice president – Geocycle, Araceli E. Gonzales as vice president - human resources, and Eduardo A. Sahagun as member of executive committee.
The AGM approved amendment to the sixth article of the amended articles of incorporation to reduce the number of board seats from 11 to 10. The approval of the amendment is subject to any revisions or adjustments thereto as may be required by the Securities and Exchange Commission.
The board also gave its first phase approval for the Bulacan Expansion Project, a brown field expansion of a 6,000 tons per day clinker/2.48 million tons per year cement facility at Bulacan plant, at a maximum capex investment of $538.6 million, to be fully commissioned in the first quarter of 2017.
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