About
Concreat Holdings Philippines, Inc. (CHP), formerly Cemex Holdings Philippines, Inc., was incorporated on September 17, 2015 primarily to invest in or purchase real or personal property; and to acquire and own, hold, use, sell, assign, transfer, mortgage all kinds of properties. On April 25, 2024, Cemex Asia B.V., the then parent company of CHP, entered into a share purchase agreement with DMCI Holdings, Inc., Semirara Mining and Power Corporation and Dacon Corporation (collectively, the Purchasers) for the sale of Cemex Asia B.V.'s 42,140,266 common shares in CHP. On December 2, 2024, Cemex Asia B.V. and the Purchasers completed the sale transaction and collectively control (indirectly) 89.86% of the CHP.
CHP has two cement plants with aggregate rated annual capacity of 5.7 million tonnes of cement. CHP primarily sells gray ordinary Portland cement, blended cement, and masonry cement which are marketed and sold under the "APO", "Island", and "Rizal" brand names. The "Island" and "Rizal" brands are sold in Luzon, while the "APO" brand is sold in Visayas and Mindanao.
As of March 31, 2025, CHP's main operating subsidiaries are APO Cement Corporation and Solid Cement Corporation.
Source: SEC Form 17-Q (2025) and The Company (2025)