JPEN
Steady execution — that is what we value at HFP.
At HFP, we value steady execution.
Where we are headed is already in view.
What remains is: who walks with us?
Municipal solid waste (MSW) generation across the Philippines is about 46,000 tons/day (2020 estimate); figures range from roughly 40,000 to 61,000 t/day depending on source and year. Waste is non-discretionary demand, unaffected by the economic cycle.
RA8749 (Clean Air Act) restricts incineration, giving non-incineration methods a regulatory edge. RA9003 (Ecological Solid Waste Management Act) legislates segregation and waste reduction. Greenhouse gas reduction targets under the NDC (Nationally Determined Contribution) expand demand for carbon credits — tradable units representing verified emission reductions.
A distinctive combination of technology, government relations, a local partner, and regulatory fit.
HFP is the operator of a treatment and manufacturing facility that receives waste and converts it into materials and energy products. Revenue has two components.
A treatment fee for accepting waste. The level and terms become fixed only upon the effectivity of a binding contract. No amount is fixed at this time.
Revenue from selling products manufactured from syngas. Product selection will be made at the FEED (front-end engineering design) stage, taking into account market demand, offtake terms (the buyer's commitment to purchase), feedstock characteristics, and plant design conditions.
The carbonization front end has an existing track record, and the downstream reforming and synthesis are licensed, established technologies. Our strength lies in the design of the combination.
We do not ask citizens or LGUs for advanced segregation; the feedstock is prepared on our pre-treatment line. The barrier to adoption is low.
The Subic Bay Metropolitan Authority (SBMA) officially accepted our letter of intent (LOI). On 28 July 2026 the project entered formal departmental review by the SBMA Planning and Development Department.
The SBMA Planning and Development Department refers to the facility as a "Non-Incineration Waste Management Facility" — a non-incineration position established in an official document.
A joint venture (JV) with a local partner that has a network across the Philippines, optimizing permitting and LGU relations.
The Kalangitan landfill closed in October 2024, physically removing Central Luzon's disposal outlet. Waste collectors are not competitors but suppliers of feedstock.
The gate fee becomes fixed only upon the effectivity of a binding contract; putting it in writing is not the same as fixing it. No level is fixed at this time, and we are not presenting one externally.
Demonstrating in the SBMA special economic zone limits regulatory risk. The JV with a local partner addresses the local political and regulatory environment. An environment in which RA8749 restricts incineration is a tailwind for non-incineration methods.
For SBMA (Luzon), the planned location of the first unit, a site has not yet been secured and candidate locations are being selected. Separately, in Mabini, Mindanao, a 5-hectare site has been secured under a municipal council resolution. Funding is at a pre-disbursement stage. Our policy is to disclose where we actually stand.