CHP expects challenging year, aims for turnaround

Concreat Holdings Philippines (CHP), formerly known as Cemex Holdings Philippines Inc., expects 2025 to be challenging for the local cement industry but remains optimistic about a financial turnaround within three years.

Chairman Isidro Consunji expressed confidence in his team's ability to navigate complex market cycles, emphasizing fiscal discipline and determination.

President and CEO Herbert Consunji noted that while global challenges persist, the company will draw on the full strength of the DMCI group to support its transformation by strengthening its distribution network in the Visayas and Mindanao regions.

Consunji highlighted operational changes such as completing a major expansion at CHP’s Solid cement plant and reintroducing ordinary Portland cement for large-scale construction projects, while also leveraging alternative fuels like plastic and used rubber tires for sustainability and cost efficiency.

The firm continues to supply housing and infrastructure projects within the DMCI group to create stable internal demand and reduce foreign exchange exposure by using local resources such as Semirara coal.