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Universal Robina Corp. (URC) is acquiring the idle sugar milling machinery and equipment of Central Azucarera Don Pedro Inc. (CADPI). The parties did not d...
Universal Robina Corp. is acquiring the idle sugar milling machinery and equipment of Central Azucarera Don Pedro Inc. (CADPI), a subsidiary of listed firm Roxas Holdings Inc., to expand its Balayan mill’s capacity and help displaced farmers.
The Central Azucarera Don Pedro Inc. (CADPI) was able to avert a labor strike in its Batangas refinery plant after signing a compromise agreement with its labor unions last week. National Congress of the Unions in the Sugar Industry of the Philippines (NCUSIP) President Roland de la Cruz, however, lamented…