The Cement Manufacturers Association of the Philippines lauded the swift passage of the Implementing Rules and Regulations of Republic Act 11981, or the Tatak Pinoy Law that was signed just months after the law was signed by President Marcos in February this year.
“Through the passage of the IRR, we are confident that this will stimulate progress with bigger investments, more jobs in our communities, more taxes paid to the government and the development of more sustainable products,” said CeMAP President Reinier Dizon. The IRR was signed on May 22. “There is more than enough domestic capacity,” added Dizon. “With domestic capacity close to 50 million tons, there is in fact a significant surplus to meet the current needs of the market, ensuring stable and reliable cement supply for all government projects as well as the needs of the private sector.”
This year, total domestic capacity is seen to increase by five million tons—three million tons from Taiheiyo and two million tons from Cemex’s Rizal cement plant. The raw materials of these companies are sourced locally and converted into finished goods.