Minerales Industrias Corp., which will soon be renamed IPM Holdings Inc., said it is in talks with Aboitiz Group and Eagle Cement Corp. to supply refuse derived fuel, or RDF.
RDF or fuel derived from waste can be used by cement factories and power plants to replace coal as main raw material.
IMP Holdings vice president Dwight Ramos said during the annual stockholders meeting the company was eyeing cement factories as client for RDF.
“We are now talking with Aboitiz and Eagle Cement for the use of our RDF,” he said.
“Cement factories are allowed to replace 40 percent of their coal [requirements] with alternative fuel. At present, they are only replacing 10 percent so they need more. They want us to do more,” Ramos said.
IPM Holdings is also in talks with coal-fired power plants to supply RDF instead of coal. IPM Holdings owns and operates the country’s largest RDF facility along with Lafarge Industrial Ecology International, which aims to address serious concerns on solid waste and its disposal in Pasig City.