^
+ Follow ILIGAN CEMENT CORP Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 272234
                    [Title] => Stable cement prices seen
                    [Summary] => Republic Cement Corp. president Juan Miguel Montinola expects cement prices to remain stable for the first half of the year.


According to Montinola, recent favorable developments such as additional production efficiencies and the peso appreciation has helped Republic Cement to absorb the effect of an eight percent inflation rate and not raise prices during the summer months.

However, Montinola warned "the biggest threat to stable cement prices within the next quarter is an increase in power rates."
[DatePublished] => 2005-04-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 262887 [Title] => Republic Cement acquires Lafarge cement unit [Summary] => The board of Republic Cement Corp. (RCC) has approved the acquisition of Continental Operating Corp., a wholly-owned subsidiary of Lafarge Cement Philippines Inc., for P1.3 billion, making RCC the largest cement group in the country.

In a disclosure to the Philippine Stock Exchange, RCC said it will issue a convertible loan note worth P1.3 billion to Lafarge in exchange for the latter’s shares in Continental.

The notes will carry an interest rate of eight percent per annum and are convertible into 1.35 billion common shares of RCC after five years from issue date. [DatePublished] => 2004-08-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 226302 [Title] => DENR-MGB approves joint ICC and MPCC Social Dev’t Program [Summary] => The implementation of the blueprint for community development planned by Iligan Cement Corp. and Mindanao Portland Cement Corp. for their communities in the next five years has been given the green light by the Department of Environment and Natural Resources-Mines and Geosciences Bureau (DENR-MGB).

This came after the DENR-MGB director Horacio Ramos signed the certificate of the unified Social Development and Management Program (SDMP) of ICC and MPCC on Sept. 3, 2003 in the presence of ICC President Rene Sunico and ICC vice president for operations Pascual Austria.
[DatePublished] => 2003-11-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Real Estate [SectionUrl] => real-estate [URL] => ) [3] => Array ( [ArticleID] => 204061 [Title] => RCC acquisitions must go through regulatory process [Summary] => The acquisition by Republic Cement Corp. (RCC) of two other cement companies, FR Cement and Lloyd’s Richfield Industrial Corp., from Southeast Asia Cement Holdings Inc. still has to hurdle a regulatory process that could derail plans to waive the pre-emptive or stock rights offering to the RCC stockholders.

The Philippine Stock Exchange said since the complete terms and conditions of the transaction have not been disclosed by RCC, it (PSE) "cannot make a definitive determination of the applicability of the Rule on Additional Listing of Shares."
[DatePublished] => 2003-04-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 203907 [Title] => Republic Cement bid to acquire firms faces hurdle [Summary] => The acquisition by Republic Cement Corp. (RCC) of two other cement companies – FR Cement and Lloyd’s Richfield Industrial Corp., from Southeast Asia Cement Holdings Inc. – still has to hurdle a regulatory process that could derail plans to waive the pre-emptive or stock rights offering to the RCC stockholders.

The Philippine Stock Exchange said since the complete terms and conditions of the transaction have not been disclosed by RCC, it (PSE) "cannot make a definitive determination of the applicability of the Rule on Additional Listing of Shares."
[DatePublished] => 2003-04-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 197536 [Title] => 2 estudyante nalunod sa mahiwagang lawa [Summary] => ILIGAN CITY, Lanao del Norte – Dalawang estudyante mula sa Bunawan High School ang iniulat na nasawi makaraang malunod sa mahiwagang lawa na sakop ng Barangay Hindang sa lungsod na ito kamakalawa ng hapon. Kinilala ng mga opisyal ng Bunawan High School ang mga biktimang sina Shelly Mae Agbay, 13, at Maricel Enoc, 17, kapwa residente ng Barangay Bonbonon at mga scholar ng Iligan Cement Corp.
[DatePublished] => 2003-03-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Probinsiya [SectionUrl] => probinsiya [URL] => ) [6] => Array ( [ArticleID] => 157454 [Title] => Alsons snaps 2-yr losing streak with P62-M net income in 2001 [Summary] => The Alcantara-owned Alsons Cement Corp., broke out from two consecutive years of losses, earning P62 million in 2001 on the back of a P1.11-billion gain from the sale of its shares in Iligan Cement Corp.

Figures submitted by the Mindanao-based cement company to the Securities and Exchange Commission (SEC) showed the non-recurring gain offset the previous years’ losses and would have resulted in another comparable loss had the deal not been consummated.
[DatePublished] => 2002-04-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 143476 [Title] => Napocor sales up 6.7% in first nine months [Summary] => State-owned National Power Corp. (Napocor) reported yesterday that its energy sales for the first nine months of 2001 rose 6.7 percent to 28,149.4 gigawatthour (GWh), from 26.383.4 GWh in the same period last year.

A GWh is equivalent to one million kilowatthours (KWh).

Napocor’s market analysis and load forecasting division (MALFD) said all three major grids registered higher sales, with the Visayas grid posting sales of 2,442.4 GWh and registering the highest growth of 8.5 percent.
[DatePublished] => 2001-12-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 132135 [Title] => Iligan folk fear closure of city’s 2 cement p [Summary] => Still reeling from the closure of National Steel Corp. (NSC) two years ago, residents of Iligan City are now apprehensive that their cement industry will die a slow death, too, if the dumping of cheap cement imports into the country continues.

In a hearing of the House committee on trade and industry, Iligan City Mayor Franklin Quijano expressed fears that the two remaining cement plants in the city might be forced to close down like NSC, in the light of the current problems that local cement manufacturers are facing.
[DatePublished] => 2001-09-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [9] => Array ( [ArticleID] => 129417 [Title] => Republic Cement vows to keep prices steady [Summary] => Despite incurring huge losses due to the unabated flooding of dumped imports, Republic Cement Co. pledged yesterday not to increase its average cement prices should the government impose a temporary 200 day safety net for the industry against imports.

Republic Cement is the holding company of Fortune Cement Corp., Iligan Cement Corp. and Mindanao Portland Cement Corp. It also maintains its own facilities in Bulacan. Republic’s pledge follows that of another major cement producer, Union Cement, which also committed to stable prices while the safeguard measure is in place. [DatePublished] => 2001-08-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ILIGAN CEMENT CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 272234
                    [Title] => Stable cement prices seen
                    [Summary] => Republic Cement Corp. president Juan Miguel Montinola expects cement prices to remain stable for the first half of the year.


According to Montinola, recent favorable developments such as additional production efficiencies and the peso appreciation has helped Republic Cement to absorb the effect of an eight percent inflation rate and not raise prices during the summer months.

However, Montinola warned "the biggest threat to stable cement prices within the next quarter is an increase in power rates."
[DatePublished] => 2005-04-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 262887 [Title] => Republic Cement acquires Lafarge cement unit [Summary] => The board of Republic Cement Corp. (RCC) has approved the acquisition of Continental Operating Corp., a wholly-owned subsidiary of Lafarge Cement Philippines Inc., for P1.3 billion, making RCC the largest cement group in the country.

In a disclosure to the Philippine Stock Exchange, RCC said it will issue a convertible loan note worth P1.3 billion to Lafarge in exchange for the latter’s shares in Continental.

The notes will carry an interest rate of eight percent per annum and are convertible into 1.35 billion common shares of RCC after five years from issue date. [DatePublished] => 2004-08-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 226302 [Title] => DENR-MGB approves joint ICC and MPCC Social Dev’t Program [Summary] => The implementation of the blueprint for community development planned by Iligan Cement Corp. and Mindanao Portland Cement Corp. for their communities in the next five years has been given the green light by the Department of Environment and Natural Resources-Mines and Geosciences Bureau (DENR-MGB).

This came after the DENR-MGB director Horacio Ramos signed the certificate of the unified Social Development and Management Program (SDMP) of ICC and MPCC on Sept. 3, 2003 in the presence of ICC President Rene Sunico and ICC vice president for operations Pascual Austria.
[DatePublished] => 2003-11-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Real Estate [SectionUrl] => real-estate [URL] => ) [3] => Array ( [ArticleID] => 204061 [Title] => RCC acquisitions must go through regulatory process [Summary] => The acquisition by Republic Cement Corp. (RCC) of two other cement companies, FR Cement and Lloyd’s Richfield Industrial Corp., from Southeast Asia Cement Holdings Inc. still has to hurdle a regulatory process that could derail plans to waive the pre-emptive or stock rights offering to the RCC stockholders.

The Philippine Stock Exchange said since the complete terms and conditions of the transaction have not been disclosed by RCC, it (PSE) "cannot make a definitive determination of the applicability of the Rule on Additional Listing of Shares."
[DatePublished] => 2003-04-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 203907 [Title] => Republic Cement bid to acquire firms faces hurdle [Summary] => The acquisition by Republic Cement Corp. (RCC) of two other cement companies – FR Cement and Lloyd’s Richfield Industrial Corp., from Southeast Asia Cement Holdings Inc. – still has to hurdle a regulatory process that could derail plans to waive the pre-emptive or stock rights offering to the RCC stockholders.

The Philippine Stock Exchange said since the complete terms and conditions of the transaction have not been disclosed by RCC, it (PSE) "cannot make a definitive determination of the applicability of the Rule on Additional Listing of Shares."
[DatePublished] => 2003-04-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 197536 [Title] => 2 estudyante nalunod sa mahiwagang lawa [Summary] => ILIGAN CITY, Lanao del Norte – Dalawang estudyante mula sa Bunawan High School ang iniulat na nasawi makaraang malunod sa mahiwagang lawa na sakop ng Barangay Hindang sa lungsod na ito kamakalawa ng hapon. Kinilala ng mga opisyal ng Bunawan High School ang mga biktimang sina Shelly Mae Agbay, 13, at Maricel Enoc, 17, kapwa residente ng Barangay Bonbonon at mga scholar ng Iligan Cement Corp.
[DatePublished] => 2003-03-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Probinsiya [SectionUrl] => probinsiya [URL] => ) [6] => Array ( [ArticleID] => 157454 [Title] => Alsons snaps 2-yr losing streak with P62-M net income in 2001 [Summary] => The Alcantara-owned Alsons Cement Corp., broke out from two consecutive years of losses, earning P62 million in 2001 on the back of a P1.11-billion gain from the sale of its shares in Iligan Cement Corp.

Figures submitted by the Mindanao-based cement company to the Securities and Exchange Commission (SEC) showed the non-recurring gain offset the previous years’ losses and would have resulted in another comparable loss had the deal not been consummated.
[DatePublished] => 2002-04-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 143476 [Title] => Napocor sales up 6.7% in first nine months [Summary] => State-owned National Power Corp. (Napocor) reported yesterday that its energy sales for the first nine months of 2001 rose 6.7 percent to 28,149.4 gigawatthour (GWh), from 26.383.4 GWh in the same period last year.

A GWh is equivalent to one million kilowatthours (KWh).

Napocor’s market analysis and load forecasting division (MALFD) said all three major grids registered higher sales, with the Visayas grid posting sales of 2,442.4 GWh and registering the highest growth of 8.5 percent.
[DatePublished] => 2001-12-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 132135 [Title] => Iligan folk fear closure of city’s 2 cement p [Summary] => Still reeling from the closure of National Steel Corp. (NSC) two years ago, residents of Iligan City are now apprehensive that their cement industry will die a slow death, too, if the dumping of cheap cement imports into the country continues.

In a hearing of the House committee on trade and industry, Iligan City Mayor Franklin Quijano expressed fears that the two remaining cement plants in the city might be forced to close down like NSC, in the light of the current problems that local cement manufacturers are facing.
[DatePublished] => 2001-09-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [9] => Array ( [ArticleID] => 129417 [Title] => Republic Cement vows to keep prices steady [Summary] => Despite incurring huge losses due to the unabated flooding of dumped imports, Republic Cement Co. pledged yesterday not to increase its average cement prices should the government impose a temporary 200 day safety net for the industry against imports.

Republic Cement is the holding company of Fortune Cement Corp., Iligan Cement Corp. and Mindanao Portland Cement Corp. It also maintains its own facilities in Bulacan. Republic’s pledge follows that of another major cement producer, Union Cement, which also committed to stable prices while the safeguard measure is in place. [DatePublished] => 2001-08-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with