MANILA, Philippines -- Cement-maker Cemex Holdings Philippines Inc. has bagged a set of fiscal incentives, including income tax holiday, for its 1.5-million metric ton new integrated cement production line in Antipolo City. Cemex Holdings' wholly-owned subsidiary Solid Cement Corp., operator of the Antipolo cement factory, obtained from the Board of Investment (BOI) "pioneer" status as a new producer of cement but with "non-pioneer incentives." Solid Cement primarily produces cement products that carry the Island and Rizal cement brands. This expansion program will jack up the total capacity of its Antipolo plant to 3.4 million metric tons yearly. The "pioneer" status with "non-...
Keep on reading: Cemex gets incentives for new cement production line
from INQUIRER.net http://bit.ly/2MJnnf4
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