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PSMA
The Philippine Sugar Millers Association, Inc. (PSMA) is a non-stock, non-profit organization of sugar millers which seeks to promote the development of the sugar industry through increased efficiency, productivity, and sustainability in a socially-responsible environment. PSMA likewise works for the advancement and protection of the sugar industry. Current membership consists of 16 mills which produce 78% of the total Philippine sugar production. As such, it carries considerable weight in policy formulation in the industry in conjunction with the Sugar Regulatory Administration.
History
Philippine Sugar Millers Association (PSMA) was organized in 1922 as the Philippine Sugar Association (PSA), an organization of sugar producers which was initially involved in research and development. Through its efforts, PSA earned credit for having substantially helped in increasing sugar yield in the country and improving milling efficiency.
Objectives
Among its objectives are:
- to promote closer relationship and better cooperation among industry participants;
- to provide a forum for discussion of industry problems;
- to secure collective action on matters of common interest to members;
Major Activities
The Association is maintained by means of ordinary and special assessments by members which produce some 78% of total Philippine sugar production.
The services and resources provided by the PSMA for its members include:
