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Mabuhay Vinyl Corporation

Company Description
Mabuhay Vinyl Corporation (MVC) was incorporated as a rubber shoe manufacturer on July 20, 1934 under the name Mabuhay Rubber Corporation, and subsequently reorganized in 1960 to engage in chemical and polyvinyl chloride (PVC) resin manufacturing. On October 10, 1966, the present corporate name was adopted. The principal products of MVC are caustic soda and chlorine derivatives.

MVC underwent major business realignment in 2001 when it decided to exit from the PVC business and focus on the chlor-alkali business. Subsequently, the Company expanded its chlor-alkali capacity, and the plant started commercial operations in October 2003. MVC is the only chlor-alkali producer in the Philippines and caters to the industrial and household markets. On December 13, 2006, MVC implemented its ion exchange membrane (IEM2) phase 2 project. The IEM2 plant was placed into commercial operation on August 25, 2008.

In 2009, the Company and its subsidiary, MVC Properties, Inc. (MPI), entered into a contract of lease whereby MPI leases its parcels of land to the Company for a period of 10 years, commencing on October 1, 2009.

In 2013, the Company completed the upgrading and commissioning of its boiler through a technical assistance agreement with Tosoh Corporation of Japan. The project enables the plant's boiler to use hydrogen gas, a by-product of caustic soda, as alternative fuel in combination with bunker fuel oil. By the following year, the Company completed the installation of its truck scale in its Iligan plant, which was put in commercial operation in 2015, and also approved the upgrade of its liquid chlorine refrigeration plant.

Source: SEC Form 17-A (2016)
Security Information
Sector Industrial
Subsector Chemicals
Corporate Life 50
Incorporation Date Jul 20, 1934
Number of Directors 11
Stockholders' Meeting as per By-Laws April - last Thursday except holidays
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Banco de Oro Unibank, Inc. - Trust Banking Group
Contact Information
Business Address 3/F Philamlife Salcedo Centre, 126 L. P. Leviste St., Salcedo Village, Makati City
E-mail Address
Telephone Number 817-8971 to 76
Fax Number 816-4785