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Shera Public Company Ltd. is investing PHP 2 billion to build a fiber cement board manufacturing plant in Mabalacat, Pampanga, Philippines. The plant has started initial operations and is expected to reach full production in October 2024, with an initial capacity of 100,000 metric tons per year, eventually doubling to 200,000 metric tons, and creating up to 150 jobs.
“Shera is investing P2 billion for a fiber cement board manufacturing operation in the country, making the Philippines its first production hub outside of Thailand.”mb.com.ph
Summarized from public sources; check the original articles before acting on it.