Marcos inaugurates expanded petrochemical manufacturing facility in Batangas

MANILA, Philippines: President Ferdinand Marcos Jr. on Friday inaugurated the expanded manufacturing facility of JG Summit Olefins Corporation (JGSOC), the largest wholly-owned petrochemical investment in the country.

The President, accompanied by JG Summit Holdings, Inc. (JGSHI) Chairman James Go, JGSHI President and Chief Executive Officer (CEO) Lance Gokongwei and JGSOC President and CEO Arnel Santos, toured the 160-hectare facility in Batangas, which houses the first and only naphtha cracker plant in the country.

The President lauded the expansion of the petrochemical facility and cited the strategic importance of the industry to the overall revitalization of Philippine manufacturing.

The JGSOC complex, which initially started with polyethylene (PE) and polypropylene (PP) polymers manufacturing in 1998, has continuously expanded its facilities over the years.

It produces the olefin raw materials ethylene and propylene used as feedstock by its downstream PE and PP polymer plants.

The cracker's products also include Mixed C4 and pygas, which are in turn the raw materials to produce C4 olefins and aromatics products from its butadiene and aromatics extraction plants, respectively.

JGSOC, a pioneer in the Philippine petrochemical industry, markets its petrochemical products to over 30 countries worldwide.