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Lemery Works was a project of Filipino firm SteelAsia Manufacturing Corp. and Chinese firm HBIS Group Limited. The two companies signed a memorandum of understanding on August 30, 2019, to develop an integrated iron and steel facility in Lemery, Batangas during the Philippine-China Business Forum, a side event of President Rodrigo Duterte's diplomatic visit to China.
SteelAsia was established in 1965 by Benito Yao and Go Kim Pah, the latter being the founder of Equitable Banking Corporation. [4] The company was founded as the Island Metal Manufacturing Corporation setting its first steel mill in Quezon City with the capacity of 30,000 tons per year. [5] In the 1980s, Benjamin Yao took over SteelAsia's ...
Chinese Commercial News (菲律賓商報) Philippine Chinese Daily (菲律賓華報) Sino-Fil Daily (菲華日報) Ta Kung Pao - Philippine edition (大公報 - 菲律賓版) United Daily News (聯合日報) Wen Wei Po - Philippine edition (文匯報 - 菲律賓版) World News (世界日報)
Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top Japanese steelmaker ...
What parts of Philippines are affected by typhoon Mawar. 06:47, Stuti Mishra. Typhoon Mawar, locally referred to as 'typhoon Betty', is at its closest point to the Philippines today before it is ...
At least 474 people were involved in the rescue operation, [5] mostly from units of the Philippine Army, the Bureau of Fire Protection, the Philippine Coast Guard, local government agencies and Apex Mining. [13] Sniffer dogs were also deployed to look for victims. [14]
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The Iligan Steel Mill was established in 1952 as a government-initiated project of the National Shipyards and Steel Corporation (NASSCO). [2]After NASSCO applied for a $62.3 million loan from the United States-based Eximbank to fund projects, the latter suggested a transfer of the facilities' management to the private entity.