Eagle Cement Corporation (EAGLE), a fully integrated cement company, continued to turn a profit in the second quarter even as the Philippine economy fell into a recession after the government locked down Luzon starting mid-March to contain the spread of the COVID-19 pandemic.
Mar 16, 2017
Petron Bataan Refinery (PBR) is the largest refinery in the Philippines and Eagle Cement was a major supplier of the project. The industrial project complex is located in Limay, Bataan. It processes crude oil to produce a full range of petroleum products, including gasoline, jet fuel, industrial fuel oil, diesel, kerosene and liquefied petroleum gas (LPG). The company also produces benzene, toluene, mixed xylene and propylene. It has a production capacity of 180,000 barrels-a-day.