Business World

Roxas Holdings to help clean up river in Negros Occidental

- Janina C. Lim

ROXAS Holdings, Inc. (RHI) said it supports the environmen­tal campaign of the local government of Pontevedra, Negros Occidental, with a commitment to help clean up the San Juan River.

“We are glad that the local government understand­s that we are addressing environmen­tal concerns, and that we are exerting every effort to ensure that human health is not affected,” RHI’s EVP/COO for Ethanol Luis O. Villa-Abrille said in a statement on Tuesday.

The company’s ethanol plant Roxol Bioenergy Corp. makes the rounds of communitie­s and cooperates with the Community Environmen­t and Natural Resources Office to ensure that its operations do not pollute the area.

The ethanol plant has commission­ed two 5,000 cubic-meter anaerobic digesters to add to two with 10,000 cubic-meter capacity to improve its wastewater management.

In September, the company voluntaril­y suspended operations to address allegation­s from the local government that the bioethanol producer is the source of a foul odor that alarmed nearby communitie­s, an issue which has been resolved.

Shares in Roxas Holdings traded Tuesday at P5.00, up 0.20%.

First Pacific Co. Ltd., majority owner of RHI, partly owns Philippine Long Distance Telephone Co. (PLDT). Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., maintains an interest in BusinessWo­rld through the Philippine Star Group, to which it controls. —

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