THE newly established plastics factory of Polish company Pietrucha at the Freeport Area of Bataan, which is set to be fully operational this month, will not only create new jobs but will also position the country as a new manufacturing hub in the region, a top official of the Board of Investments (BOI) said.
Trade Undersecretary and BOI managing head Ceferino Rodolfo recently met with executives from the Pietrucha to discuss their new plant in Bataan.
Pietrucha is the first Polish company to establish a production facility in the Philippines which will produce high-strength polyvinyl chloride (PVC) plastic sheet piles.
Together with its local partner Design Science Inc., the company has started initial operations in June 2016 and is expected to be fully operational this month.
“Our consistent economic and governance reforms as well as competitive costs of doing business and labor have greatly improved investor confidence. We are confident that this significant investment in the manufacturing will create more stable and decent jobs and sustain the upward momentum of the Philippine economy,” the BOI’s Rodolfo said.
Rodolfo said that the establishment of the facility “will unlock our country’s potential in securing a significant slice of the regional and global manufacturing market.”
“Catering to the needs of both local and foreign markets will position the Philippines as a manufacturing hub for the Asean region as well as a preferred source and destination of investments,” he added.
PPP Expo 2016
Meanwhile, the Pack Print Plas (PPP) Philippines 2016, an expo specifically focused on the growing plastics, packaging and printing sectors, now on its 20th year, is set to happen on October 6 to 8 at the SMX Convention Center Manila, SM Mall of Asia Complex, Pasay.
The event is organized by Global-Link MP Events International (GLMP) and will gather the biggest and competitive brands in the industry.
“We are more than grateful for reaching this milestone for PPP. It was one of the first trade shows we launched when we started and it’s exciting for us not just to see how much it has grown but also to share that with exhibitors and visitors. We look forward to opening the show on October 6,” said Jing Lagandaon, COO of Global-Link MP.
Philippine Plastic Industries Association (PPIA) president Willy Go said: “As a co-organizer of this event, PPIA has always seen it as a privilege for our organization to be a part of this event. It does not only gather the stakeholders; it also gives our industry a view of the different possibilities that new technologies may bring to our business.”
PPP 2016 welcomes foreign exhibitors looking for local distributors. The list includes: Alpha-Cure Asia Ltd., Beijing Capital Int’l Exhibition Co. Ltd., C.S. Machinery Co. Ltd., Flying Tiger KJ Co. Ltd., Foreign Xhibition & Trade Ltd. Guangzhou, Foshan Shunde Daidan Machine Co. Ltd., Fu Chun Shin Machinery Manufacture Co. Ltd., Ginar Technology Co. Ltd., Hemingstone Machinery Co. Ltd., Huanyu Hose Co. Ltd., Jerng Sing Enterprise Co. Ltd., Kiefel Gmbh, Kronce Ent. Devt. Co. Ltd., Kronce Exhibition & Trade Ltd. Guangzhou, Kuan Ming Mechanical Co. Ltd., Powerjet, Shanghai CMIC Machinery & Electrical Products, Shanghai Rocky Adhesives Co. Ltd., and Mfg. Co., Taiwan Plastics Industry Association, Winson Ink, Zhejiang Bimetal Machinery Co. Ltd. and Zhoushan City Jinjiu Machinery Manufacture Co. Ltd.