Cement company Eagle

Cement company Eagle Cement Corp. Is about to interrupt floor for its new $300-million Davao plant in October.

In a statement on Wednesday, businessman Ramon Ang stated this is in keeping with the San Miguel organization’s plan to build 5 cement vegetation with an aggregate potential of 10 million tons yearly, costing over $1 billion and are anticipated to all come on-line through 2017.

He stated the brand new Davao plant is Eagle’s contribution to guide the us of a’s monetary growth while strengthening its position inside the cement and construction industry.

Ang owns Eagle Cement, and also the president and leader operating officer of conglomerate San Miguel Corp. (SMC).

The employer will break floor for the Davao plant on October 20, and then construction will stretch for the relaxation of 2016 and is expected to be finished in 2017.