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A P3-billion port and industrial complex is being built in a seven-hectare property in Lemery, Batangas
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The complex will include three components, namely the Sinisian Lemery Batangas Port & Industrial Park, Lemery Cement Silo Tank, and Lemery Oil Terminal
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The port will have a depth of 15 meters deep and will be able to handle Panamax size oil tankers and cargo ships
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The Lemery Cement Silo Tank will be able to hold up to 60,000 metric tons of bulk cement and slag while the Lemery Oil Terminal will have a storage capacity exceeding 170 million liters
A P3-billion port and industrial complex is being built in a seven-hectare property in Lemery, Batangas.
The complex will include three components, namely the Sinisian Lemery Batangas Port & Industrial Park, Lemery Cement Silo Tank, and Lemery Oil Terminal, according to Sinisian Lemery Batangas Port & Industrial Park Corp. president Ferdinand Co. Each component costs more than P1 billion.
The port will have a depth of 15 meters and will be able to handle Panamax size oil tankers and cargo ships.
The Lemery Cement Silo Tank will be able to hold up to 60,000 metric tons of bulk cement and slag.
The Lemery Oil Terminal, which is seen to be fully operational by January 2025, will have a storage capacity exceeding 170 million liters. Unioil Petroleum Inc. has already secured a slot as a client and tenant.
“The oil facility will be essential to increase the fuel inventory/security, support the increase in demand, and improve logistics, particularly for NCR, Calabarzon and Southern Luzon,” Co said.
With their family business primarily focused on cement and construction supply trading, Co said they expanded into industrial storage facilities with the aim of helping mitigate the impact of global supply chain disruptions experienced during the COVID-19 pandemic that have affected domestic industries, as well as supply chain disruptions that still continue to plague economies globally due to conflicts and geopolitical tensions.
