Pacific Cement Philippines, Inc.(PACEMCO) was established in 1964, as a pioneer in cement technology in the Philippines manufacturing Portland Cement and commenced commercial operations in 1967.

In 1974, PACEMCO entered into a joint venture agreement with Holderbank Financier Glaris, Ltd to provide new share capital. PACEMCO implemented a financial restructuring plan in cooperation of Holdergreen Ltd., Development Bank of the Philippines, and local private shareholders in 1983. Mr. Jose L. Cortes, Jr., a Company officer/stockholder, purchased the shareholdings of two major stockholders, Holdergreen Ltd. And Garcor Inc. in 1990.

In 1993, Pacemco's Portland Type II Cement was cited as the "Most Outstanding Product of the Year" by the NEPA. Pacemco was recognized the Safest Cement Plant Operation in the Philippines in the Year 1994 and 1996.

The conversion project of existing cement plant from wet process to a long dry process ended in late 1998 and was operational in early 1999. On 07 April 2000, Pacific Cement Philippines, Inc. registered in security Exchanged Commission with a total assets of P1, 742,604,000.00.