# Taiheiyo Cement to build P15 billion production line in Cebu

Taiheiyo Cement Corp. announced plans to build a new production line in Cebu, Philippines, through its subsidiary Taiheiyo Cement Philippines Inc. The P15 billion project will increase cement capacity by 50% in the immediate term.

- Type: Expansion
- Announced: 2020-11-10
- Where: Cebu, Philippines
- Value: $310.0M (15.0B PHP)
- Status: announced
- Capacity: 50% increase in cement capacity
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Taiheiyo Cement](https://endata.com/companies/32760.md)
- [Taiheiyo Cement Philippines Inc.](https://endata.com/companies/51119.md) (partner)

## Sources

- [gmanetwork.com](https://www.gmanetwork.com/news/money/companies/763718/japan-s-taiheiyo-cement-to-build-p15b-new-production-plant-in-cebu/story/), 2020-11-11: "Taiheiyo Cement instructed its Philippine subsidiary to formally announce its decision to construct a new production line in Cebu on November 10."
- [manilastandard.net](https://manilastandard.net/business/economy-trade/339287/taiheiyo-cement-investing-p15b-in-new-cebu-factory.html), 2020-11-11: "Taiheiyo Cement Group of Japan is investing P15 billion in a new production line in Cebu to support the growing demand for cement in local housing, commercial and infrastructure development sectors."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.