Tan Jr. charts “sus­tain­able” fu­ture of LT Group

The Freeman - - BUSINESS -

Lu­cio K. Tan Jr. gave a glimpse of the sus­tain­able fu­ture that the com­pa­nies un­der the Lu­cio Tan (LT) Group will un­der­take and em­pha­sized the need to de­velop clean and re­new­able en­ergy projects dur­ing the com­pany's re­cent year-end gath­er­ing.

In his cus­tom­ary year-end mes­sage, Tan Jr. en­cour­aged his com­pany ex­ec­u­tives to de­velop an abil­ity to “go on of­fen­sive busi­ness mode” to adopt to a chang­ing world ad­vo­cat­ing tech­nolo­gies that are en­vi­ron­men­tally-re­spon­si­ble and help ease the im­pacts of cli­mate change.

“Our thrust is to par­tic­i­pate and de­velop clean and re­new­able en­ergy projects for our sus­tain­abil­ity...re­duce our car­bon foot­print to un­der­score our com­mit­ment to help mit­i­gate the ef­fects of cli­mate change. I be­lieve this is in­cum­bent upon us as a re­spon­si­ble cor­po­rate en­tity, where we can in­vest in tech­nolo­gies that will un­ravel eco­nomic op­por­tu­ni­ties for the group and our em­ploy­ees,” said the pres­i­dent and COO of Tan­d­uay Dis­tillers.

The younger Tan re­vealed the re­vival of Asian Al­co­hol Corp. next year. It can be re­called that the op­er­a­tion of the Ba­colod-based fa­cil­ity was tem­po­rar­ily sus­pended eight years ago.

“Kap­i­tan (Lu­cio Tan Sr.) made a strate­gic move to take one step back­ward in the hope of mov­ing for­ward, a strat­egy that teaches us how to re­al­ize our fu­ture by our sac­ri­fices of to­day. Next year, Asian Al­co­hol will be­gin its bio­fuel pro­duc­tion. Like Ab­so­lut Dis­tillers, it will blaze new paths and re­turn to its old glory,” he di­vulged.

Lo­cated in a 10-hectare plant, Asian Al­co­hol Corp. was the sec­ond largest dis­tillery in the Philip­pines. The plant houses al­co­hol ag­ing and wastew­a­ter treat­ment fa­cil­i­ties, which con­verts dis­tillery waste into bio­gas en­ergy for its power re­quire­ments. It used to have a daily rated ca­pac­ity of 210, 000 liters of qual­ity ethyl al­co­hol.

With this de­vel­op­ment, Tan Jr. said, Asian Al­co­hol Corp. is ex­pected to be pat­terned after the suc­cess of Ab­so­lut Dis­tillers Inc. in Batan­gas, which has made more than Ph­p880M from its bioethanol op­er­a­tions since 2015.

CON­TRIB­UTED PHOTO

Lu­cio K. Tan Jr., en­cour­aged his com­pany ex­ec­u­tives to de­velop an abil­ity to “go on of­fen­sive busi­ness mode” to adopt to a chang­ing world ad­vo­cat­ing tech­nolo­gies that are en­vi­ron­men­tally-re­spon­si­ble and help ease the im­pacts of cli­mate change.

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