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SM Prime explores potential partnership with Japanese firm for waste-to-fuel solutions

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IN PHOTO (Left to right): SM Supermalls Vice President Liza Silerio, SM Prime Chairman of the Executive Committee Hans T. Sy, GUUN Chief Executive Officer Shinji Fujieda, GUUN Philippine Branch Senior Managing Director and General Manager Takeshi Konishi Leading real estate developer in Southeast Asia, SM Prime Holdings, Inc. (SM Prime) recently signed a memorandum of understanding with Japan’s GUUN Co. Ltd. to explore a potential partnership to implement waste management solutions by recycling waste paper and plastics as an alternative source of energy called ‘fluff fuel’. Fluff Fuels are one type of RDF (Refuse Derived Fuel) which are produced from shredded and compressed plastics, papers, and fibers. These are used as fuels in cement manufacturing, paper mill companies, or power companies in Japan. SM Prime Chairman of the Executive Committee Hans T. Sy is positive that a partnership with GUUN will contribute to the waste reduction goals of the country. “Today, Japan’s waste manag...

Coastal land reclamation: A glimpse into today’s urban development strategies

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  Coastal land reclamation is increasing and will continue to grow and be a popular urban strategy in places that experience urban growth.  This is according to a study, “Mapping 21st Century Global Coastal Land Reclamation,” that analyzed landsat satellite images from 2000 to 2020 to quantify spatial extent, scale, and land use of urban coastal reclamation of 135 cities globally with populations exceeding one million. Key findings indicate that 78% of these cities have turned to reclamation to create additional land, resulting in 253,000 hectares of new land, an area equivalent to Luxembourg. Land reclamation is the process of creating new land from the sea. It’s often used in places with scarcity of land and high population density for many purposes. From Western Europe and West Africa to the Middle East, East Asia, and Southeast Asia, these countries’ cities reclaim lands for port extension, residential/commercial, and industrial purposes aimed at creating tourist and green...

SM Prime Holdings, Inc. (SM Prime) Partners with Citicore Renewable Energy Company (CREC)

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  (From left to right) SM Prime Energy Consultant Jaime Patinio, SM Prime Chief Finance Officer John Nai Peng Ong, SM Prime President Jeffrey Lim, CREC Chairman Edgar Saavedra, CREC President & CEO Oliver Tan, CREC Sr. Manager Sales & Energy Trading Jerard Garcia SM Prime Holdings, Inc. (SM Prime) and Citicore Renewable Energy Company (CREC) signed a Memorandum of Agreement on 11 July 2023 as a joint commitment to champion renewable energy. Through this partnership, SM Prime will source its energy requirements of up to 90-Megawatts (MWac) from CREC’s upcoming Lumbangan Solar Power Plant in Tuy, Batangas. The long-term agreement will commence in the first half of 2024. This is in line with the Retail Competition and Open Access (RCOA) policies of the Department of Energy. This development further strengthens both CREC and SM Prime’s commitment to the Department of Energy’s program of moving up the renewable energy supply component of the Philippines to 35% by the year 2030. ...

SM group to build new school buildings in Laguna, Batangas

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  Continuing its commitment to helping elevate the country’s education system,  SM Foundation, Inc.  (SMFI), in partnership with SM Prime Holdings, Inc. (SMPHI) and the Department of Education (DepEd), have recently collaborated to construct two new school buildings in Laguna and Batangas. Upon the completion of the joint initiative, two two-story four-classroom school buildings will be donated to the Laguna Resettlement Community School in San Pedro City, Laguna and the San Antonio Elementary School in Sto. Tomas City, Batangas. Each of the school buildings is set to be equipped with learning materials, armchairs, handwashing facilities, emergency equipment, and PWD-friendly facilities to ensure that students, especially from low-income communities, gain access to modern, safe, and conducive learning facilities. Formalizing the partnership, representatives from the SMFI, DepEd, and the local government units of said provinces attended the memorandum of agreement signing ...

SM Supermalls Celebrates World Earth Day 2023

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SM Supermalls, in collaboration with its corporate social responsibility arm, SM Cares, the Department of Environment and Natural Resources (DENR), local government units and partner schools and organizations joined the rest of the world in celebrating Earth Day at SM malls nationwide on April 22, 2023. With the theme “Invest In Our Planet, Invest In Our Youth,” SM Supermalls and SM Cares lined up various activities that aimed to raise awareness among children and their families about the importance of coming together across various sectors to take care of the environment. SM malls nationwide simultaneously held relevant and impactful celebrations with activities such as Children’s Storytelling, Coloring, and Sustainability Tours, gathering 1700 children and 350 employee volunteers. These activities aimed to encourage everyone in the family, particularly the young ones, to protect and respect Mother Earth. Earth Day is an annual celebration led by the Earth Day Network that puts the s...

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