Haycarb PLC is going to establish activated carbon plant in the Philippines, with an initial investment of $8 million.

The company’s subsidiary, Haycarb Philippines Corporation, received approval from the Philippine Board of Investments to establish the facility in Cagayan de Oro.

The first phase of the project, due for completion by June 2026, is part of Haycarb’s broader strategy to expand its global operations over the next five to six years.

“This initiative is in line with our growth objectives to meet the growing demand for activated carbon while strengthening our position in the international market,” the company said.