According to LMG, sulfuric acid is a basic industrial chemical critical to many downstream manufacturing activities.
LMG, a local manufacturer of sulfuric acid, is a wholly-owned Filipino corporation established in 1958.
LMG’s state-of-the-art double contact/double absorption sulfuric acid plant is capable of producing at least 90,000 metric tons per year.
LMG’s sulfuric acid plant also has the capability to co-generate power.
The sulfuric acid being imported into the country from Japan at dumping price is produced as a by-product of the smelting operation of various smelting companies in Japan.
Japan produces tons and tons of sulfuric acid and its proper disposal is now becoming an economic and environmental concern in that country.
Japan is exporting its excess sulfuric acid production to the Philippines at dumping prices.
Dumping occurs, according to LMG, if the price at which the products is exported from the country of origin is less than the price at which it is sold in its domestic market.
The dumping of sulfuric acid from Japan, LMG complained, adversely affects the operation and survival of the local sulfuric acid industry. – Marianne Go