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PHINMA’s Philcement welcomes Sumitomo as minority shareholder - BusinessWorld Online

Summary by bworldonline.com
PHINMA CORP. subsidiary Philcement Corp. said on Monday that Sumitomo Osaka Cement Co. Ltd. has officially acquired a 15% ownership stake in the local cement producer, completing the share subscription agreement signed in September 2025. “The transaction is aligned with Philcement’s strategy to expand its manufacturing operations and provide Filipino consumers with reliable, high-quality cement products under its legacy brand, Union Cement,” the…

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bworldonline.com broke the news in on Monday, January 19, 2026.
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