APC Cement Corp. (APCC)


APC Cement Corporation was established to engage in the manufacture of cement. The cement plant was envisioned to manufacture 1.5 million tons of cement a year.  The company has two (2) Mineral Production and Sharing Agreements (MPSA) with the Department of Environment and Natural Resources covering more than 1,000 hectares of land containing limestone deposits. The project is located in the Municipality of Ginatilan in Southern Cebu.

The project was put on hold because of the existing excess capacity in the cement industry. In the meantime, the Company has continued to comply with the requirements of the MPSA’s to keep them updated. With the improved economic climate in the country, the project is again being revived. The diamond drilling program was started last November 2010 as part of the exploration commitment of APC.  The area drilled covered approximately 29 hectares.  Thirteen (13) holes were drilled to block the cement raw materials of the area.  Five (5) of these were allocated for the low-lime Barili Marl component and eight (8) were designed for the high-lime Barili Limestone.  The program was officially completed last April 2011. Initial results of the Resource Estimation yielded 20 million metric tons of Marl and 80 million metric tons of Limestone, good to supply the limestone requirement of the cement plant over 25 years.  The data gathered is being integrated into the ongoing feasibility study of the project.   Management is currently seeking for prospective partners.

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APC Cement Corp. (APCC)

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