# Taiheiyo Cement breaks ground on new manufacturing plant in Cebu, Philippines

Taiheiyo Cement Philippines broke ground on a new manufacturing facility in San Fernando, Cebu. The ¥15 billion investment will add 3 million tons of cement capacity, with completion expected in April 2024.

- Type: New facility
- Announced: 2022-08-05
- Where: San Fernando, Cebu, Philippines
- Value: $270.0M (15.0B PHP)
- Starts operating: Apr 2024
- Status: under construction
- Capacity: 3 million tons per year
- 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)

## Sources

- [taiheiyo-cement.com.ph](https://taiheiyo-cement.com.ph/2022/08/05/taiheiyo-starts-to-build-new-manufacturing-plant/), 2022-08-05: "The new production line will not only provide a stable supply of cement of the highest quality by introducing state-of-the-art production technology, it will also play a role in reducing CO2 emission and waste disposal."

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