Rising operational costs and the influx of cement imports from Vietnam have forced APO Cement Corp. to temporarily cease its Davao terminal operations.
APO Cement’s Davao terminal has a dispatching capacity of around 25,000 bags daily.
The company, however, assured that there would be no supply chain disruptions and delay in delivery of its cement despite the suspension of its Davao terminal operations.
“Our operational costs in maintaining the Davao terminal have increased and continue to increase, while our volumes are decreasing due to the unabated entry of cement imports from Vietnam,” Cemex vice president for supply chain Edwin Hufemia said.
Hufemia said the suspension of the company’s Davao operations would allow Apo Cement to continue focusing on efficiently running its plant and other terminals and warehouses.
He said Cemex remains committed to supporting the country’s infrastructure program.
Meanwhile, a petition for anti-dumping filed by local cement manufacturers against imported cement from Vietnam is pending before the Tariff Commission.