Philcement Mindanao Corp. is commissioning its P2-billion cement plant in Davao del Norte this month, with full operations targeted in October and a formal launch in November, adding up to two million metric tons of annual capacity to Mindanao’s construction materials market.
The joint venture between the Del Rosario family’s PHINMA Group and the Floirendos’ Anflo Management and Investment Corp. (ANFLOCOR) is entering final preparations for the facility, Ricardo Lagdameo, first vice president of Damosa Land Inc., part of the ANFLOCOR group, said.
“Commissioning starts this month, with full operations expected by October and the launch by November,” Lagdameo said.
Philcement Mindanao is 70-percent owned by PHINMA Corp.’s Philcement Corp., with ANFLOCOR holding the remaining 30 percent.
The facility will primarily handle the final stages of cement production using imported raw materials. Designed to produce up to two million metric tons annually, it will add supply to Mindanao as infrastructure, industrial, residential, and commercial projects drive demand for construction materials.
Lagdameo said the additional capacity is needed to support supply, “especially for the region,” as development activity continues.
The plant’s commissioning comes as Mindanao continues to attract infrastructure and industrial investments, increasing demand for cement and other construction materials.
The venture also marks a renewed partnership between two families with longstanding ties to Mindanao’s cement industry. The Del Rosario family’s PHINMA Group previously built its cement business around Union Cement before exiting the industry and later returning through Philcement.
The investment broadens ANFLOCOR’s Mindanao portfolio beyond agriculture, real estate, industrial estates, logistics, and other businesses while positioning the group to participate in the region’s continuing industrialization.
With commissioning now underway, the new plant is moving from construction into production, with the next test being how quickly its additional capacity can reach Mindanao’s growing market.
