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BUSCO PROFILE
 
                 
   
The first sugarmill in Bukidnon was erected in Butong, Quezon, Bukidnon sometime in 1975. It was erected by the Marubeni Corporation of Japan for Bukidnon Sugar Milling Co., Inc. with a capacity of 4000 TCD.
   
       It had its first milling season on December 21, 1976 to May 22, 1977 for which it crushed 148,530.96 tons cane and manufactured 260,056.00 piculs raw sugar with an average of 1.75 piculs sugar per ton cane. The area planted was 1,908 hectares from 54 planters, mostly from big farms around the mill.
       In the succeeding years, the sugar cane agricultural development prospered progressively such that
after six years, for CY 1981-82, the mill crushed 894,752.04 tons cane and manufactured 1,488,254 piculs sugar. The mill was serving 1,167 planters cropping about 14,000 hectares.
       It was about the limit of the capacity to mill for a 4000 TCD Mill. Therefore, the company undertook a capacity expansion program from 4000 TCD to 6000 TCD.

       After the second year of expansion to 6000 TCD, the mill attained its highest production of 1,574,768 piculs raw sugar from 18,795.67 hectares.

       
 
       The assets bought from the APT includes also a 230 hectares property situated in Barangay Butong, Quezon, Bukidnon which is 11 kilometers away from Poblacion Quezon, Bukidnon and 140 kilometers away from Cagayan de Oro City.
 
       Busco Sugar Milling Co., Inc. was registered with the Securities and Exchange Commission with an authorized capital of P800 Million and a paid up capital of P400 Million on September 16, 1988.

       Upon take-over, the new owners embarked on a rehabilitation and expansion program.

   
       In keeping with their commitments to the sugarcane planters, it conducted its initial milling campaign, on schedule, for CY 1988-89. Since then, it has successfully completed fourteen (14) milling campaigns producing about 11.15% of the total national sugar production each year.
       Plant modernization and capacity expansion continued without let-up. For Crop Year 1992-93, Busco has already reached a capacity of 10000 TCD and crushed a total of 1,752,164.29 tons cane and manufactured 3,358,800 L-Kgs., marking the biggest productions then in the history of the sugar industry in Bukidnon.
       This Crop Year 2002-2003, Busco has hit a high of 14,538.83 tons cane milled and sugar produce of 1,450,713.62 kilos on January 7, 2003.
       Since its construction in 1975 until its capacity expansion reached 10000 TCD in 1993, Busco had a total of three units of 1.7 MW steam turbine generators rated at 460V 3PH 60HZ. In addition, two Diesel Gensets were commissioned rated at 750 KW and 400 KW at 480V used as stand-by units.
       Shortly thereafter, an 8,000 KW steam turbine generator rated at 4160V 3PH 60 HZ was commissioned in April 1994 to supply the additional energy demand. All of these equipment including the mill drives requiring super-heated steam for the prime mover power, are supported by four Boilers with three Boilers rated at 60 TPH with 20 kg./cm2 pressure and one 70 TPH with 31 kg./cm2 pressure.
       To complete its cogeneration facility, a 10 MVA 416/69 KV outdoor substation interconnecting with the National Power Corporation Mindanao Grid was commissioned on April 4, 1995 to supply 4 MW of its excess power to NPC.
       A total of 3,770,212 KW have been exported to the NPC Mindanao Grid during the initial year of co-generation.

       The acquisition of the NASUREFCO Refinery by Busco further added 2.2 MW steam turbine generator and a 50-tons per hour Clarke Chapman Boiler.
  The Bukidnon Milling District is now the second biggest sugarcane milling district in the entire Philippines. It encompasses the towns of Quezon, Valencia, Malaybalay, Lantapan, Cabanglasan, Sumilao, Impasugong, San Fernando, Maramag, Pangantucan, Don Carlos, Kitaotao, Dangcagan, Kibawe, Kadingilan, and Damulog, all within the province of Bukidnon and with its expansion in Wao, Lanao Del Sur and Banisilan, North Cotabato, in the heartland of Mindanao.    
       Busco Milling District generates some P 3.5 B in the form of revenue from raw and refined sugar and molasses. It contributes over P 300 M to the government in the form of taxes.

       Consistent with its Corporate Vision, Busco has acquired the existing 550 MT NASUREFCO Refinery at P310 Million in an open bidding with APT. The Refinery was turned over to Busco last June 27, 1996. Its vision of forward integration has been substantially achieved.

       After the turnover, Busco has acquired the services of consultants from the Tate and Lyle Ltd. to assess the refinery’s machinery and equipment. A little over a year of rehabilitation works were done, the refinery has started its initial year of operations on July 1997 and has a targeted production of 2,000,000 bags refined sugar every season. With technology shared in refining process from Central Azucarera de Don Pedro in Batangas, Busco reached 12,000-13,000 bags mark refining capacity last September 1999.

       The refinery attained a production of 1,880,343 L-kg. of Refined Sugar in its first milling operation from September 1, 1997 to August 31, 1998 and a production of 2,101,958 L-kg. of Refined Sugar in the second year from September 1, 1998 to August 31, 1999. On the third year, CY 1999-2000, 2,762,251 L-kg. of Refined Sugar was produced and 2,856,772 L-kg for CY 2000-2001.

       Busco will continue to move to new levels of efficiency and quality. Its sugar refinery is already equipped with the latest technology in pan automation. A Siemens vacuum pan automation system is already in place improving product quality and steam economy.

       A Hoechst automatic filter press is installed at its filter station, substantially reducing sugar losses thereat. This had helped increase its refining yields to very high levels.

       In terms of product quality, Busco refinery now produces about 80% throughput in the form of Bottler’s Grade and Premium Grade Refined Sugar.

       But Busco did not forget to look for avenues to improve its milling services to the sugarcane growers of Bukidnon. Before Crop Year 1999-2000 ha d started and in its preparation for the turn of century milling season, the raw house milling tandem has been enhanced further by upgrading another 2 sets of steam turbines and reduction gears from 600 KW to 900 KW. This has strengthened Busco‘s milling capacity and sucrose extraction even further.

       For Crop Year 2002-2003, Busco has milled 2,592,320.120 tons cane from 60,000 hectares of 10,238 sugarcane farmers or planters and has manufactured 4,973,106.19 kilobags raw sugar with an average LKG/TC of 1.92. Compared to the other biggest sugar producers, again, Busco remarkably made it ranked the second biggest sugar producer in the country today.

       We are on target with our mission to excel. We will be there within the first decade of the 21st Century.

 
 
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Main Office: 4/F Corinthian Plaza, Paseo de Roxas, Makati City
Millsite: Butong, Quezon, Bukidnon
Tel. Nos. 817-8403/817-8484/ 817-9014/817-9015
Fax Nos. 815-4419 811-3132/ 811-3219
E-Mail: thesaortiz@yahoo.com
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