Cement giant Holcim Philippines is ramping up its sustainability efforts with a hefty P370 million investment in its Bacnotan plant in La Union province.
The company announced its plans to construct new storage and feeding facilities to boost the use of low-carbon alternative fuels and raw materials by 40 percent.
Holcim Philippines president and CEO Nicolas George expressed optimism about the project’s positive impact on both the company’s performance and the environment.
“This investment underscores our commitment to building progress and delivering results for our company and the community,” George said.
The construction of the new facilities is set to be completed by the second half of next year, following an agreement with Sinoma CBMI PH Construction Corp., a long-time global partner of Holcim.
Sinoma CBMI PH Construction general manager Zeng Youbing expressed gratitude for the renewed partnership, highlighting the company’s role in supporting Holcim Philippines’ decarbonization goals through advanced technology.
Holcim Philippines has been actively reducing its carbon footprint since 2018 through various initiatives such as producing blended cements, utilizing waste as fuel, adopting renewable energy, and enhancing operational efficiency. The company has already achieved a 20 percent reduction in carbon emissions.
