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Deutsche Bank Frankfurt
CLARK FREEPORT – The Clark Development Corporation (CDC) and Viskase a worldwide leader in the supply of cellulose, fibrous and plastic casings have signed a lease agreement for the establishment of a manufacturing plant for various packaging materials for meat products.
CDC President Felipe Antonio B. Remollo and Viskase Asia Pacific Corporation President Jean Luc-Tillon signed the lease agreement at the CDC Corporate Headquarters here recently. On June 7, CDC and Viskase officials led the groundbreaking ceremonies in a 39,600-square meter area at the Industrial Estate 5 here.
According to Remollo, Viskase will initially invest some $12 to $14 million with an expected employment of 100 to 150 workers once fully operational. Its projected export, Remollo added, is some $40 million during its three years of operations.
The CDC president further said Viskase is pioneer in the manufacturing, converting, shirring, printing, exporting, importing, purchasing, selling, reselling, and distributing cellulose, collagen and plastic casings and packaging materials.
From its inception as the inventor of cellulosic casings to partner in today’s complex global processed meat trade, Tillon noted that Viskase has remained as the industry´s leading supplier of proven casing solutions for 80 years.
Founded by Erwin O. Freund, Viskase is responsible for innovative solutions for meat packaging thus, replacing animal intestine casings.
|About Clark Freeport Zone
The former US military base, Clark´s strategic location is right at the heart of growing markets in the Asia-Pacific region – a given advantage in today´s global economy. The zone´s modern infrastructure facilities, generous fiscal and non-fiscal incentives, professional support services, amenities, and other advantages make it an ideal place for your investment. The Master Plan for the 4,400-hectare main zone and 27,600-hectare sub zone will transform the zone into an airport-driven urban center perfect for the requirements of high-end IT enabled industries, aviation and logistics related enterprises, tourism and many other sectors.
If you like to learn more about Clark Freeport Zone you are kindly requested to contact us by Email.
Source: CDC Philippines