In 2007, Filinvest made a significant move by acquiring a 100% ownership stake in Pacific Sugar Holdings Corporation (PSHC) from AL. Gotianun, Inc. (formerly ALG Holdings Corporation). This acquisition marked a pivotal moment in its commitment to the sugar industry.
Under PSHC’s umbrella, three prominent Mindanao-based sugar companies thrive: Davao Sugar Central Co., Inc. (DSCCI), Cotabato Sugar Central Co., Inc. (CSCCI), and High Yield Sugar Farms Corp. (HYSFC). Both DSCCI and CSCCI own and manage sugar mills and refineries, while HYSFC specializes in transforming owned or leased farmland into corporate sugarcane farms.
Driven by a profound sense of community and social responsibility, PSHC undertook the task of rebuilding and expanding the sugar mills it acquired in 1990. These initiatives have significantly impacted nearly 20,000 hectares of sugarcane plantations across Southern and Central Mindanao.
Working hand in hand with small-scale sugarcane planters and traders, PSHC endeavors to develop agriculture and the local economy, positively influencing the lives of over 10,000 workers and their families.
The mills operate sustainably by utilizing biofuel derived from bagasse, a by-product of sugarcane milling. PHSC continues to improve its facilities, not only enhancing efficiency but also demonstrating its commitment to environmental protection.
