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Rizome PHL invests $100Min engineered bamboo plant - Vimarsana News

Rizome PHL invests $100Min engineered bamboo plant

Florida-based Rizome Philippines has announced that it is investing $100 million (P5.5 billion) in an engineered bamboo plant in Cagayan de Oro. The company said the quality of Philippine bamboo wood, particularly those from Giant Aster species that grow abundantly in Mindanao, can compete with lumber from other countries. “The…

Agri firm bets on PH bamboo for $100M - Vimarsana News

Agri firm bets on PH bamboo for $100M

Rizome Philippines will invest up to $100 million (P5.5 billion) for an engineered bamboo plant in Cagayan de Oro. But the company said policies supporting...