Corporate

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

Manila Water Co. Inc. said Wednesday that together with its wholly-owned subsidiary, Manila Water Philippine Ventures Inc., it deemed the 25-year concession agreement with the provincial government of Pangasinan for a water supply project terminated at the end of 2023.