Holcim Philippines plans to invest US$2.5m on increasing its alternative fuels use until 2022. The subsidiary of Switzerland-based LafargeHolcim says it will spend the money on installing new equipment and improving storage and feeding facilities at its Bulacan cement plant in Barangay, Norzagaray. It also plans to support its Geocycle subsidiary in supplying higher amounts of post-consumer and municipal solid wastes.
“This investment ensures we can continue being a reliable partner in the country’s sustainable development, while also meeting our objectives of making our operations more efficient and respectful of nature,” said Holcim Philippines president and chief executive officer (CEO) John Stull. In 2020 the company co-processed close to 130,000t of qualified wastes from local governments, industry partners and agricultural processors in its plants in Luzon and Mindanao led by its Geocycle unit.
Post time: Feb-01-2021