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Cement industry escalates case vs Vietnam dumping

Republic Cement invested P10 B to improve operation

Republic Cement said it has invested about P10 billion for operational improvements of its plants, but added that its revenues were still suppressed by imported cement coming from Vietnam. Reinier Dizon, vice president for strategy & business development of Republic Cement, said at the recent p

Local cement industry escalates case vs Vietnam dumping

(File photo) MANILA - The local cement manufacturing industry finds a common voice in Republic Cement against complaints of unabated cement dumping from Vietnam. Republic Cement decried how continued dumping of cement imports from Vietnam has resulted in material injury to the domestic manufacturers. In his testimony before the Tariff Commission on June 3, Reinier Dizon, vice president for Strategy & Business Development of Republic Cement said his company's volume of sales as well as pricing have been severely affected by cement imports from Vietnam. The commission is on its second day of public hearing on the plea of local cement manufacturers to impose definitive anti-dumping measures against Type 1 and Type 1P cement imported from Vietnam. Dizon said the negative effect on Republic Cement of cement imports from Vietnam is supported by the confidential data on its sales volume submitted to the commission for its appreciation. "Pricing is a function of demand and supply

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