Holcim Philippines Inc. will supply the cement requirements of Megawide Construction Corp. with the renewal of the companies’ supply agreement.
Holcim said it will supply the cement requirements of Megawide’s Precast and Construction Solutions (PCS) unit projects across Luzon in 2024, a continuation of the collaboration between Holcim and Megawide since 2016.
According to Megawide, increased demand for cement among its PCS projects will result in a 20 -percent increase in the volume supplied by Holcim from last year.
Among key projects Megawide is currently involved in are the Malolos-Clark Railway and the Metro Manila Subway. It also has property development projects through unit PH1 World Developers, Inc.
Holcim said the deal will not result in a new expansion for Holcim.