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September 18, 2015

RHI sponsors PAGASA El Niņo briefing for sugar cane planters

Publicly listed firm Roxas Holdings, Inc. (RHI), in cooperation with the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA), sponsored a half-day briefing last September 17 in Nasugbu, Batangas, on the impending El Niño Phenomenon forecasted to hit the country from October 2015 to February 2016. PAGASA  Senior Weather Specialist Anthony Joseph Lucero (in photo) described the event as one of the most severe since the 1950s, with an expected rainfall reduction by as much as 60 percent in the next five months affecting RHI host provinces Batangas and Negros Occidental. Farmers and planters’ associations were advised to make necessary preparations for the potential adverse effects of the El Niño. Also in attendance during the briefing were key RHI executives via remote video link, including RHI President and CEO Renato Valencia, CADPI PCOO Arcadio Lozada, Jr., CACI and SCBI PCOO Luis Villa-Abrille, and RHI Agri-Business Dev. Corp. President Archimedes Amarra.

Roxas Holdings, Inc. (RHI), a bio-sugar and bio-energy company, is the largest integrated sugar business in the Philippines. It manages sugar miller/refiner Central Azucarera Don Pedro, Inc. in Nasugbu, Batangas; San Carlos Bioenergy, Inc. in San Carlos, Negros Occidental; and RHI Agri-business Development Corporation.

RHI is listed in the Philippine Stock Exchange (PSEi: ROX). Further information can be obtained by visiting the web at