Taiheiyo Cement Philippines Inc. (TCPI), a subsidiary of Japan’s Taiheiyo Cement Corporation, has significantly expanded its cement production capacity in Cebu with the completion of a USD 227 million (PHP 12.8 billion) upgrade to its manufacturing facility. The new state-of-the-art plant now produces 100,000 bags of cement per day, up from 65,000, in response to rising demand driven by public and private infrastructure projects nationwide.
The expansion was discussed during a recent meeting between Department of Trade and Industry (DTI) Secretary Cristina Roque and TCPI executives. TCPI officials highlighted the firm’s long-term plans to enhance production and improve distribution capabilities. The company is constructing a new distribution terminal in Caraga to tap into the Luzon market, which accounts for over 60% of the country’s cement consumption. The upgrade aligns with Taiheiyo’s broader strategy to deepen its presence in the Philippine market, which it has served since 2000.
The DTI emphasized that the Philippines offers favorable conditions for investment in the cement industry, including a skilled labor pool, increasing demand from urbanization, and regulatory support for sustainability and quality standards. Taiheiyo’s investments are also expected to contribute to job creation and improved logistics and ensure the timely delivery of cement to major markets across the country.
(Source: Sunstar)
