The Polish organization is the primary plastics manufacturer to set up a production facility in the Philippines, in partnership with Design Science Inc. The plant will produce strengthened polyvinyl chloride (PVC) plastic sheet piles.
The BOI has been constantly carrying out packages and initiatives geared to trap extra investments, collect suitable technology, and increase the ability of the petrochemical enterprise to provide a sustainable backbone to Philippine industrialization.
It has also been extending its assist to the petrochemical enterprise via its inclusion in the Investment Priorities Plan listing, wherein registered companies are entitled to economic and non-monetary incentives provided that their registered sports fulfill the requirements and conditions set by way of the administering Investment Promotion Agency.
MASSIVE electricity outages and the resultant economic dislocation those might have prompted were prevented due to the superb outcomes of the government audit on Semirara Mining and Power Corp. (SMPC), a organization authentic said over the weekend.