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                    [ArticleID] => 98737
                    [Title] => More cement firms to close
                    [Summary] => At least six cement plants and over 15 cement manufacturing lines in major cement companies have closed in the wake of rising cement imports from Taiwan, Japan and Indonesia, Philippine Cement Manufacturers Corp. (Philcemcor) said.


Philcemcor president Magdaleno B. Albarracin Jr. said the imports – now rising to an alarming 18 percent of the total market – have already cost local manufacturers P3.6 billion in lost sales from June 1999 to August 2000, resulting in nearly 4,000 direct jobs in cement plants and their allied businesses.


                    [DatePublished] => 2000-11-06 00:00:00
                    [ColumnID] => 133272
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CONTINENTAL OPERATIONS CORP

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                    [ArticleID] => 98737
                    [Title] => More cement firms to close
                    [Summary] => At least six cement plants and over 15 cement manufacturing lines in major cement companies have closed in the wake of rising cement imports from Taiwan, Japan and Indonesia, Philippine Cement Manufacturers Corp. (Philcemcor) said.


Philcemcor president Magdaleno B. Albarracin Jr. said the imports – now rising to an alarming 18 percent of the total market – have already cost local manufacturers P3.6 billion in lost sales from June 1999 to August 2000, resulting in nearly 4,000 direct jobs in cement plants and their allied businesses.


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abtest

More cement firms to close

November 6, 2000 - 12:00am

At least six cement plants and over 15 cement manufacturing lines in major cement companies have closed in the wake of rising cement imports from Taiwan, Japan and Indonesia, Philippine Cement Manufacturers Corp....

Business