Phinma ramps up cement business

By Brix Lelis

May 02, 2024 12:20 am

LISTED conglomerate Phinma Corp. plans to further expand its cement business in Mindanao with the development of a P2-billion facility in Davao.

'We're putting [up] our Davao plant, which is almost similar to the Mariveles [plant],' Eduardo Sahagun, Phinma director and executive vice president for the construction materials group, said in a recent interview.

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