Cement maker enters Cebu, Visayas market

Cement maker enters Cebu, Visayas market

A NEW player in the cement industry, Century Peak Cement Manufacturing Corp. (CPCMC), announced the start of its operations, distributing cement to its clients in the Visayas.

This was after it received the go signal from the Department of Trade and Industry’s quality standard certification for its Pro (blended hydraulic) and Prime (Portland) cement products.

CPCMC is a subsidiary of listed-firm Century Peak Holdings Corp., formerly Century Peak Metals Holdings Corp. The firm expanded in 2019 to engage in and carry on general construction and construction-related activities, land reclamation and development activities, real estate development or any real estate activities, mining activities and mining-related activities, power and energy activities, and power and energy-related activities in the Philippines.

According to the company, the start of the cement operations comes at a time when post-pandemic recovery expects a rise in construction projects as businesses return to normal.

“We are looking at the markets where we can make an impact and the Visayas region, particularly in Cebu, Palawan, Mindoro, Bohol and Dumaguete, are included in our initial phase of distribution,” Katrina Keng, vice president for finance, told the local bourse Monday, Feb. 13, 2023.

The company’s plant is in Pinamungajan, Cebu. It has its own port which is located nearby that allows for efficient logistics in getting the cement products via barge transport anywhere in the country, especially in the Visayas.

The plant can produce one million tons of cement per year.

“As a locally developed brand, we put the interest of the nation and our countrymen first. It begins, naturally, with our product that meets the standards set by the certifying bodies that ensure quality. We are also targeting underserved localities that may not have many options in terms of cement brands and, by doing so, create for consumers a choice,” Keng said.


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