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Bulacan plant grounds company’s quest for growth, leadership

Apr 4, 2017

 

Bulacan plant grounds company’s quest for growth, leadership

Eagle Cement’s plant in San Ildefonso, Bulacan is country’s newest and largest fully-integrated facility

Standing on vast areas of land in Barangay Akle, San Ildefonso, Bulacan is the Philippines’ newest and largest cement manufacturing plant. Owned by Filipino company Eagle Cement Corporation (ECC), the fully-integrated facility anchors the company’s vision to become one of the top players in the local cement industry.

Equipped with state-of-the-art modern technologies, ECC’s Bulacan cement plant is able to house and handle all stages of cement production from limestone quarrying, clinker production, additives mixing, and market distribution. It is currently composed of two production lines that produce 5.1 million metric tons of cement every year, or 130 million bags per annum.

Now the fourth largest player in the market in terms of sales volume, with footprint in high-economic activity areas such as NCR and Region 3, ECC is set to debut a third production line in 2018 which will add 2 million metric tons or 50 million bags of cement to the company’s current capacity. This will propel ECC to market leadership in terms of capacity, with a total output of 7.1 million metric tons or 180 million bags of cement every year.

Compared to competitors’ plants which have been in operation for at least more than 20 years, ECC’s seven-year young facility is backed by modern, top-class equipment, including the country’s single largest cement mill for its Line 2 operations. The new equipment allows for lower power consumption compared to conventional mills. ECC also employs a waste recovery system, which supplies a portion of the total power requirements of the plant. Both contribute to more environment-friendly and sustainable operations, with minimum dust emissions and less dependence on the power grid.

 The fully-integrated plant gives ECC improved operating efficiencies and superior cost structure compared to competitors. The plant has contributed to ECC’s continuous growth since kicking off operations in 2010, from P7.1 billion revenue in that year to P13.3 billion in 2016. Moreover, it has helped ECC achieve EBITDA of P2.77 million in 2013 to P6.33 million in 2016 with margins at 47.5%.

Now, in the middle of its listing in the main board of the Philippine Stock Exchange, ECC continues to harp on its plants’ ability to influence growth as the company’s P9.2 billion public offering in May is slated to partially finance the construction of the company’s Cebu plant and marine terminals. Upon their target completion in 2020, the new facilities will serve the Visayas-Mindanao market and will secure ECC’s nationwide footprint.

Founded in 1995 and commencing commercial operations in 2010, Eagle Cement Corporation (ECC) operates the newest and single largest cement manufacturing plant in the Philippines. ECC is engaged in the business of manufacturing, marketing, sale and distribution of cement, using the brands Eagle Cement Advance Type 1P, Eagle Cement Exceed Type 1P, and Eagle Cement Strongcem Type 1.

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Soaring high, uplifting lives

Limited -- that was how life can be described in the Sitio Narra community of San Ildefonso, Bulacan. Residents had to walk to get water from a well, had to rely on rainwater for extra supply. They had to leave the community, and go to the town proper or to cities to get jobs. Children had to endure walking several kilometers to reach the school.