Who we are
Eagle Cement was incorporated in the Philippines and registered with the SEC on June 21, 1995.
Eagle Cement was registered with the Board of Investments (BOI) as a new producer of cement on a pioneer status with non-pioneer incentives in December 2006.
In October 2007, Eagle Cement started the construction of its first integrated production line (Line 1) in Bulacan with a total annual cement and clinker capacity of 2.6 MMT and 1.4 MMT, respectively.
In July 2010, the Eagle Cement Advance brand was launched in the market and made its mark in the cement industry. The Company’s Line 1 was fully commissioned in November 2010. The Company was also granted an Income Tax Holiday by the BOI for the Bulacan Cement Plant in December.
This year marks Eagle Cement’s first full-year commercial operations of Line 1.
The Company launched its Eagle Cement Strongcem brand in the market in February 2012.
Three years after the start of commercial operations of Line 1, Eagle Cement started the construction of its second fully-integrated production line (Line 2) in the same facility, adding 2.0 MMT of annual cement capacity. The Company also completed and commissioned its Waste Heat Recovery (WHR) facility in September 2013 with an equivalent power generation capacity of 6.8-megawatts, allowing a reduction in power costs.
In order to elevate the quality standards of Eagle Cement’s operations and products to meet the requirements of its customers and stakeholders—while taking into account that quality is consistently improved as needed—the Company was awarded in June 2014 the ISO-9001 certification for the implementation of the Quality Management System. In the same year, Eagle Cement acquired the Limay Grinding Plant in Bataan.
Eagle Cement acquired KB Space Holdings, Inc. in August 2015.
In July 2016, Eagle Cement commenced its Line 2 commercial operations. During the same year, Eagle Cement started building its third integrated production line (Line 3) in Bulacan. In November, the Company was awarded with ISO certification for the implementation of Integrated Management System (IMS) for the Manufacture of Portland Cement and Blended Hydraulic Cement with Pozzolan. South Western Cement Corp. was acquired by the Company in December.
The Company launched the Eagle Cement Exceed brand in the market. On May 29, 2017, the Company debuted on the Philippine Stock Exchange via initial public offering under the ticker symbol “EAGLE”.
Eagle Cement’s Line 3 started its commercial operations in May 2018 and was fully commissioned in December 2018. This line added 2.0 MMT, bringing the Bulacan plant’s total annual cement capacity to 7.1 MMT by end-2018.
Eagle Cement registered the highest sales volume since it started its commercial operations with the full-year contribution of its Line 3 in Bulacan.
Despite the COVID-19 pandemic, Eagle Cement still posted a net profit of P3.4 billion, as it was able to recover in the second half of the year amid a more relaxed lockdown restrictions imposed by the government. This year also marks the Company’s 25th year of incorporation and a decade of commercial operations.
Eagle Cement acquired 100% stake in Solid North Mineral Corporation.
Our vision is to be no. 1 in the building materials industry and to improve people’s quality of life through our products.
We will achieve this by being efficient, flexible, innovative and compliant in observing strict safety and quality standards as we create a lasting brand.
|We strive to cultivate a workplace in which unified set of standards are set for everyone in the organization to meet. We commit to abide by legal and statutory requirements and strictly adhere to the Company’s rules and regulations in everything we do.|
|We conduct all aspects of our business with honesty and honor. We hold ourselves and each other accountable all the time. We always act for the Company’s best interests as if we are its owner.|
Respect for People
|We will treat all people with courtesy, dignity, and respect. We foster a culture where people are empowered to communicate fearlessly to build trust. We encourage directness and candor so that people and ideas thrive.|
|We strive to deliver our best in everything that we do. We drive change and continuous improvement with vigor, believing that there is always a better way.|
|We are consistent and driven in delivering outputs to our internal and external customers by meeting or exceeding their needs and expectations with a high sense of urgency.|
|We recognize and value that everyone contributes to the success of the team. We bring together our knowledge, experience, and skills to achieve common goals and to maximize our individual contributions.|
Eagle Cement Corporation is committed to contribute to the Philippines’ long-term economic and environmental goals. We create sustainable value for our customers and shareholders, the community, and the environment.
In continually expanding our facilities to meet the increasing demands of the Philippine market, we focus on production efficiency without sacrificing environmental responsibility and accountability.
In creating value for our customers and shareholders, we also commit to make a difference and contribute to the community through socio-civic projects that uplift the quality of life.