EconomyEditor's PickFirst Philec expects ‘green’ transformers to launch as scheduled

November 4, 2021

MANUFACTURER First Philec, Inc. said the launch of its so-called green transformer is on track for a fourth-quarter release, with plans for it to be sold in overseas markets.

“Definitely, we are ready to launch it by fourth quarter,” First Philec President Ariel C. Ong said at a virtual briefing Thursday.
“We are actually in the final stages of our plans to enter an international market,” Mr. Ong said.

First Philec is a unit of First Philippine Holdings Corp.
Distribution utility Manila Electric Co. (Meralco) will be the first recipient of the transformers.

“They’re very open to sustainability solutions so we’re going to give them a few samples to evaluate,” Mr. Ong said of Meralco.

The company has said that its new transformer is made of 100% recyclable and biodegradable materials. The transformer features insulating coolant made from natural ester, a vegetable-based and non-polluting oil product sourced from sustainably-grown crops.

First Philec said its new product aims to reduce system losses and improve distribution efficiency, benefitting power providers and their customers.

The company gave no details on product pricing.

First Philec has installed over 250,000 transformers in the Philippines. It claims to be the largest manufacturer of amorphous or energy-efficient transformers in Southeast Asia. — Angelica Y. Yang

Leave a Reply

Your email address will not be published. Required fields are marked *

Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartPeopleMail. All Rights Reserved.

Subscribe for FREE today and get your daily shot of smart news about the Economy and Investing.
We are dedicated to keeping any data we collect from you — safe and secure. Here you can read our privacy policy.