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Home News Philippines’ cement sales predicted to grow by double digits in 2016

Philippines’ cement sales predicted to grow by double digits in 2016

by Staff Writer
January 12, 2016
in News
Reading Time: 1 min read
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Cement producers in the Philippines registered an 18.6% year-on-year increase in their collective sales volume to 6.37 million tonnes in July-September 2015, while their sales volume for January-September 2015 rose 13.% to 18.28 million tonnes, disclosed the Cement Manufacturers Association of the Philippines. The cement industry is projected to report a double-digit growth rate in its sales volume in 2016 compared to the average 8% posted between 2010 and 2014, with sales in 2016 to be driven by stable

Cement producers in the Philippines registered an 18.6% year-on-year increase in their collective sales volume to 6.37 million tonnes in July-September 2015, while their sales volume for January-September 2015 rose 13.% to 18.28 million tonnes, disclosed the Cement Manufacturers Association of the Philippines.

The cement industry is projected to report a double-digit growth rate in its sales volume in 2016 compared to the average 8% posted between 2010 and 2014, with sales in 2016 to be driven by stable demand from the private sector and implementation of large-scale public infrastructure projects.

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