CEMEX Holdings Philippines Inc. (CHP) and Manila Water Co. Inc. (Manila Water) have signed a memorandum of understanding (MoU) to collaborate and explore opportunities of mutual interest to meet both parties' corporate sustainability objectives.

In a statement, Manila Water said the intersection of the business goals and strategic commitments of both CHP and Manila Water made for an attractive cooperation to further advance decarbonization and future energy.

Under the agreement, CHP and Manila Water will build and collaborate on initiatives that accelerate sustainable objectives through the use of biosolids as alternative fuels.

Both parties will also explore partnerships in the areas of sustainable products and services innovation, protection and rehabilitation of biodiversity, and clean energy and efficient water consumption advocacy. The MoU entails both parties to collaborate and share knowledge, expertise and practices on projects that will be identified as part of the roadmap.

Get the latest news
delivered to your inbox
Sign up for The Manila Times’ daily newsletters
By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy.