EconomyForex

Holcim workers may go on strike

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HOLCIM Philippines, Inc. has said it was working to resolve the labor dispute at its Misamis Oriental plant, adding that operations there would continue.

In a stock filing dated Dec. 10 and posted on the Philippine Stock Exchange website on Monday, the listed cement maker said its labor union had voted to go on strike.

“We wish to inform you that Holcim Philippines Workers Union-Federation of Democratic Labor Organization, the associate union of our plant in Lugait, Misamis Oriental with 90 members, voted yes today, Dec. 10, 2021, to go on strike on the grounds of bargaining deadlock,” Holcim told the Philippine Stock Exchange.

“The company is exerting efforts to resolve this issue in coordination with labor authorities,” it added.

Holcim said service of clients in Northern Mindanao would continue even if the strike proceeds.

“It has also prepared a plan to sustain operations if the strike were to proceed,” it separately said in an e-mail. — Keren Concepcion G. Valmonte

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