Emperador Inc., a leading player in the global brandy and whisky industry, said Monday it has budgeted P6.5 billion for capital expenditures for this year.
Emperador, a unit of Alliance Global Group Inc. of tycoon Andrew Tan, said majority of the investment will bolster its whisky business, particularly the expansion of the Dalmore distillery, which is scheduled for completion in the latter half of 2024. This expansion project aims to double the distillery’s current capacity.
The liquor company is also expanding the maturation complex in Invergordon with new warehouses to accommodate the increased whisky production.
A significant portion of the capital expenditure will also support Whyte and Mackay’s sustainability efforts, aiming for carbon neutrality by 2030. This includes upgrades at distilleries to enhance operational efficiency and sustainability measures such as an anaerobic digestion bioenergy center and a biomass boiler system.Emperador’s brandy business will also get a share of the capital expenditure for machinery and equipment upgrades to optimize operations.
Emperador has a diverse portfolio that includes Emperador Brandy, the world’s top-selling brandy, alongside iconic whisky brands such as The Dalmore, Fettercairn, Jura, and Tamnavulin Single Malt Scotch whiskies. These products are available in over 100 countries worldwide.
Listed on both the Philippine Stock Exchange and the Singapore Exchange, Emperador Inc. continues to strengthen its global presence and expand its market leadership in the spirits industry through strategic investments and sustainability initiatives.
