Corporate

Publicly listed A Brown Co. said its unit Irradiation Solutions Inc. is set to begin commercial operations in March with the completion of the construction of the country’s first e-beam and cold storage facility in Tanay, Rizal.

Chemrez Technologies Inc., the country’s largest biodiesel manufacturer, welcomed the publication of the draft circular issued by Department of Energy that lays down the guidelines on biofuel blend implementation, albeit delayed by a decade.

Semirara Mining and Power Corp., a listed integrated energy company, said Friday it achieved a record-breaking coal sales volume of 15.8 million metric tons in 2023, a 6 percent increase from the previous year on the back of strong export.

The Securities and Exchange Commission has adopted revised sustainability reporting guidelines and the use of SuRe forms for listed firms starting this year despite calls for the deferment of their implementation. 

West Zone concessionaire Maynilad Water Services Inc. will add 211 million liters to its water-storage capacity by 2026 with the construction of four new reservoirs in different locations to improve supply and water pressure for customers in elevated areas