Perstima Philippines expansion

Perstima Philippines expansion

RASInvest
Publish date: Sun, 19 Jun 2022, 05:26 PM
An insight look for Perstima Bread

Product: Tin Free Steel mainly for bottle cap or other applications & Tinplate mainly for can food in sheet or coil packing form for local Philippines consumption

Location: Lima Tech Park close to City of Malvar. 

Quoted from wikipedia: Malvar, is a 2nd class municipality in the province of Batangas, Philippines. Located 37 km from Batangas City and 68 km south of Manila and accessible bu STAR Tollway. In 2020 census, Malvar had a population of 64,379. 

Main Cost:  In order of sequence - 1. Raw Material 2. Utilities 3. Labour 

Commissioning completion: Q3 to Q4 2022, no production output currently. 

Capacity*: Malaysia - 200 MT (1982)/ Employed 261 people/ Used 375,760 m3 water ; Vietnam - 120 MT (2003)/ Employed 221 people/ Used 379,346 m3 water; Philippines - 200 MT (2022?) 

Technology: First time to use Tenova in electro-plating compares to previous two plants. 

Quoted from Tenova - Tenova insoluble anodes technology will permit an easier handling of the process section with highest safety for the operators. Tenova developed an advanced system for the tin-dissolution reactors, achieving very low tin losses in the sludges." The overall DCS control system would be from ABB. 

Challenges: Raw material availability, Spare parts for equipment, local talent. 


* Data taken from 2021 Perstima Annual report



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