Business and Economy
1st ChemExpo attracts Chinese bizmen, 1st-time PH investors
MANILA — Chemical companies mostly from China and first-time investors in the country are taking part in the 1st ChemExpo 2017, which runs from Nov. 24 to 26 at the Hall D of the World Trade Center in Pasay City.
A total of 82 exhibitors featuring agricultural chemicals, pesticides, electronics and lighting solutions, plastics, and rubber participated in the event.
The chemical industry is one sector that can provide cost-effective and quality manufacturing, according to Henry Lee, Director of Sales for WIMS Asia Exhibitions Services, which organized the event.
“We foresee a market in the ChemExpo here to support the local industry,” Lee said.
Chemicals, he said, have a variety of applications, including agriculture, electronics and lighting, plastic, rubber, textile, pharmaceutical, and cosmetics, which are all primary consumer products in the Philippines.
Aside from exhibitors, the exposition also featured a seminar delivered by Helen Maita-Reyes of the Philippine Drug Enforcement Agency (PDEA), which tackled specific chemicals that are components for making narcotics and the penalties corresponding to the importation or possession of such banned materials.
Engineer Eli Ildefonso of the Department of Environment and Natural Resources (DENR) discussed the possible effects of mishandled chemicals, as well as waste-to-energy processes that would be beneficial for the environment.
Board of Investments (BOI) director Angelica Cayas gave the exhibitors an overview of the Philippine economy and businesses worth investing in.