Monday, May 19, 2014
Tao Corporation
Business Profile
- Tao Corporation was founded in 1995 as a group of companies focused on supply-chain services.
- In 20013, it was established as a holding company.
- Part of the Top 100 Corporation in the Philippines based on consolidated revenues
- Has 3,000 employees
- Has core businesses in: Health & Wellness, Distribution and Marketing, Resources, and Financial Services
- Subsidiaries & Affiliates
- Health & Wellness:
(1) HealthSolutions Enterprises Inc.: Provides industry solutions and services to more than 20,000 medical doctors in over 400 hospitals, drugstores and institutional accounts nationwide. Represents leading brands such as GE, Siemens, 3M, Bard etc.
(2) New MarketLink Pharmaceutical Corporation: One of the top 10 local pharmaceutical companies
(3) PrimaryCare Plus, Inc.: Local healthcare service catering to the masses
(4) Total Nutrition Corporation: Philippine National franchisee of General Nutrition Center (GNC), USA, operating 35 retail stores nationwide
(5) Hygiene Science Inc.: Responds to today's need for high-level disinfection and protection in healthcare, industrial and homecare settings.
- Distribution and Marketing
*Tao currently represents the leading national brands in the Philippines
(1) Think Dharma Inc.: The exclusive distributor of several major brands including Nikon, Apple iPhones and the Vitec Group of products
(2) Ingenius Works: Provides clients with creative means to promote their products and to bring their brand closer to their target market
(3) JR and R Distributors, Inc., (4) Macro Distributors and (5) Oro Grande Distributors, Inc.: Makes the group the largest distributor for P&G, accounting for 30% the P&G business
(6) Megavia: Exclusive distributor for Philip Morris, accounts for 35% of total Philip Morris sales in the country
(7) Megavia Motor: Focused on supply chain services
(8) Tridharma Marketing Corporation: Responsible for the national distribution of Kopiko 3in1 instant coffee and has thus become the Distributor Partner of Choice for major brands in Indonesia
(9) Ecossentials Foods Corporation: One of the top national distribution companies in the Philippines
(10) CPCPI: A marketing and product development company
(11) Altus Communications: Distributor of Nokia
- Resources
(1) Tao Commodity Trader, Inc.: One of the largest traders of molasses in the Philippines - capturing a 35% share of the market
(2) Tao Shipping Corporation: Transports liquid products such as molasses, oils and other dry cargoes to various parts of the country
(3) ComBrands Incorporated: TAO's selling arm for the ready-to-eat Chicharritos snacks
(4) Southbay Bulk Terminal, Inc.: Port operations
(5) Leyte Agri Corporation: First bioethanol producer and manufacturer in the Philippines
- Financial Services
(1) iCan Capital Lending Incorporated: Micro-lending business that provides loans and other financial services to Filipino women who own neighborhood stores
(2) InterAsia Development Bank: A thrift bank focused on small and medium enterpries
(3) e-Pera: Foreign exchange remittance service
(4) iCan Worldwide: Mobile commerce utility that facilitates fast, cashless transactions between consumers and retailers
- Affiliaties:
(1) Radio Republic: Promotes music made by Filipinos
(2) Ynion General Holdings: Made up of several companies in various fields such as shipping and logistics, technology marketing and fine foods
(3) Snaptech: A GPS location-based tracking and transport monitoring solutions and service provided to enterprise-level customers in the petrochemicals supply chain and fast moving consumer goods distribution sectors
(4) Cham's: A 24/7 Convenience Store oriinating from CDO and currently has 14 branches in said city
(5) AVSeneca Construction Corporation: Provides construction services design, estimates, supervision and project consultancy
- Through its TaosPuso Foundation, the company tries to give back to the community through focusing on public education, public sports programs and the promotion of Filipino music.
Tuesday, May 13, 2014
Li & Fung
Profile:
- It is primarily engaged in the business of an export enterprise trader by buying and purchasing for its own account or as a buying agent for others, locally manufactured goods and products.
- Ultimate parent company is Li & Fung Limited
- Li & Fung Limited is the Hong Kong-headquartered multinational group and recognized as the world's leader in consumer goods design, development, sourcing and distribution.
- The Company specializes in supply chain management of high-volume, time-sensitive goods for leading retailers and brands worldwide via an extensive global network.
- Li & Fung Limited provides sophisticated, one-stop-shop supply chain solutions to meet customers' specific needs. From product design, raw material sourcing and production management to quality control, logistics, shipping and other important functions, its spectrum of services covers the entire supply chain end-to-end.
- Three interconnected Business Networks - Trading, Logistics and Distribution - offering a spectrum of services that covers the entire supply chain
- Global network covering more than 40 economies in the Americas, Europe, Africa and Asia:
- Over 300 offices and distribution centers
- More than 28,000 employees worldwide
- Access to a sourcing network of over 15,000 suppliers
News:
- In 2010, the IDS Group was acquired by the Li Fung Group
RD corporation
Profile
- a conglomerate engaged in various ventures in fishing, agri-business, manufacturing, processing, banking, pawning, insurance, real estate development, hotels and retailing of hardware and fishing supplies
- mainly operating in the Philippines , but is now operating in Papua New Guinea and Indonesia
- We have 38 widely diversified business units and operations that span in the Philippines, Indonesia, Papua New Guinea and Australia.
- Deep Sea Fishing
- RD Fishing Industries Inc., RD Tuna Ventures, Inc., South Sea Fishing Ventures, Phils. Inc., Asia-Pacific Allied Fishing Ventures, Inc., and RD Fishing PNG Ltd.
- RD's fishing fleet operates in the rich fishing grounds of the Philippines, Papua New Guinea and Indonesia.
- RD's fishing fleet counts 102 vessels - 20 catchers, 9 reefer carriers, 6 carriers, 48 rangers/light boats, 1 tanker, 1 tugboat and other support vessels.
- Agri Business
- RDs agri-business division is handed by RDEX Food International Phils. Inc
- The operation covers aquatic, livestock and orchard farming
- Ship Building & Repair
- Gensan Shipyard and Machine Works, Inc. is engaged in the construction, purchase, repair and operation of shipyard, floating docks, warehouses and other repair facilities.
- It is serving the fishing, passenger and cargo fleets operating in Southern Seas
- A state-of-the-art and first of its kind in Mindanao, the shipyard has two floating dry-docks with a combined lifting capacity of more than 4,000 dead weight. The new shipbuilding facility has a combined capacity of 10,000 tons.
- Manufacturing Group
- Philbest Canning Corporation and RD Tuna Canners - Papua New Guinea have a combined daily canned tuna production capacity of 350 metric tons.
- The products are mainly exported worldwide.
- RD Tuna Canner's products are known in the local market of Papua New Guinea and South Pacific Countries under the brand name Diana, Diana Blu and Dolly.
- Seafood Processing
- RDEX Food International Phils. Inc., processes fresh frozen fish and prawn, for export and domestic market.
- The processing plants can each process up to 10 mt of raw fish daily.
- In the Philippines, RDEX is known for its Tuna Shop that offers fresh frozen, value added products, canned tuna as well as milkfish and prawns. RDEX products are widely distributed in supermarkets.
- financial services group
- The financial group ranges from banking, credit, pawn loaning, money transfer, and non-life insuranceservices.
- The companies under the financial services group are PenBank, Inc. (a private development bank); RD Pawnshop, Inc.; RD Cash Padala, Inc; RD Credit Corporation; and South Celebes Life and Non-Life Insurance, Inc.
- Realty Development
- RD Realty Development Corporation's business includes real estate development, property management, land banking, construction, hotels and resorts and retail hardware.
- The companies under the division are Richmond Land Innovations, Inc.; RD Pilipinas Construction Corporation; Richmond Builders Ltd.; RD Hardware & Fishing Supply, Inc.; and Sarangani Transport Corporation.
Holcim
Profile
- Holcim Philippines, Inc. is the leading cement manufacturer in the Philippines
- HLCM is involved in the manufacture, sale and distribution of cement and clinker
- It employs over 1,700 employees in four plants spread across the archipelago.
- It has a 40-year old history that dates back to its beginnings in Hi Cement Corporation, Davao Union Cement Corporation, Bacnotan Cement Corporation and Alsons Cement Corporation.
- In February 2000, the Securities and Exchange Commission (SEC) approved the merger of HCC, Davao Union Cement Corporation and Bacnotan Cement Corporation, with HCC as the surviving entity.
- The Company acquired Alsons Cement Corporation on November 12, 2002
- Cement
- •It operates in 4 major plants - one in La Union, another in Bulacan, a third in Davao City and the Lugait Plant in Misamis Oriental.
- •The plants account for a total installed clinker production capacity per year of 6.5 million metric tons and annual cement production capacity of 7.7 million metric tons.
- Concrete
- •Holcim employs state-of-the-art technologies in its ready mix concrete operations. It operates ready mix concrete plants in Taguig and Parañaque.
- Products
- It produces three products of cement, Holcim Premium Cement, Holcim Excel Cement, and Holcim Wallright Cement. HLCM also sells to cement producers a semi-finished product called clinker, which is sold only in bulk
- Subsidiaries
- Holcim Philippines Manufacturing Corporation HPMC was initially incorporated in 1968 as Victory Cement Corporation. HPMC became 99.6% owned by HPI. The company is a fully integrated cement manufacturer. Its operations include manufacturing, transportation and sale of cement and construction-related product.
- Northern Mindanao Transport Co., Incorporated NMTC was incorporated in 1972 and provides the sea transport requirements of HPI, aside from chartering vessels. It was merged with HPMC in 2006 with HPMC as the surviving entity.
- Alsons Construction Chemicals, Incorporated Alsons Construction was incorporated in 1996 and owned a cement and mineral admixture plant in Misamis Oriental. However, its operations was discontinued in 1999.
- Trans-Asia Power Generation Corporation Trans-Asia Power Generation Corporation (TA Power) is a joint venture between HPI and publicly-listed Trans-Asia Oil and Energy Development Corporation. TA power was incorporated in 1996 and is operates and maintains the power plant that supplies the electricity to HPI’s plant in Norzagaray, Bulacan.
- It is part of the Holcim Group
- Cement market size in the Philippines is about 20 million metric tons a year, with Holcim having a market share of about one-third
News:
2013: Holcim Philippines Inc. is planning to ask for incentives for its future projects from the Board of Investment. The top cement maker is targeting an annual increase of 2-2.5 million metric tons in its production capacity by 2017.
The project will involve the expansion of the Bulacan plant, which would require $450-$550-M in investments, according to Eduardo Sahagun, Holcim chief executive and president.
2013:
In a disclosure to the Philippine Stock Exchange on Wednesday, Trans-Asia Oil said it had signed on Jan. 1 a share purchase agreement that allowed it to acquire Holcim Philippines Inc.’s 50-percent stake in Trans-Asia Power. The deal gave Trans-Asia full ownership of the power firm.
2013: (August)
To boost cement output by up to 1 million metric tons a year, Holcim Philippines Inc. on Monday said its is re-opening its grinding plant in Mabini, Batangas this month in line with a positive outlook on domestic demand from government projects and private sector developments.
2014:
—The country’s leading cement maker, Holcim Philippines, has put on hold the construction of a new cement plant costing as much as $550 million in Norzagaray, Bulacan, to review leeway in supply chain management arising from the proposed integration in 2015 of Southeast Asian economies.
- the creation of the Association of Southeast Asian Nations (Asean) Economic Community by next year would allow Holcim to absorb excess capacity from units in other markets like Vietnam.
- Holcim Ltd. and Lafarge SA (LG) agreed to form the world’s largest cement maker as they prepare to sell assets with 5 billion euros ($6.9 billion) in revenue to win regulatory approval for the biggest European deal this year.
Toshiba Information Equipment
Profile
- Toshiba Information Equipment is a manufacturer and marketer of electronic and electrical products, information and communications equipments, Internet-based solutions and services, industrial and social infrastructure systems, and household appliances.
- Toshiba Information Equipment (Philippines) Incorporated, a subsidiary of global technology leader Toshiba,
- Employees: 9,000 (combined as of May 2012)
- Toshiba is a diversified electric/electronic manufacturer and provides a wide range of products and services on a global basis in five business domains:
- Energy & Infrastructure
- Community Solutions
- Healthcare Systems & Services
- Electronic Devices & Components
- Lifestyle Products & Services.
News:
2011: TOKYO–Toshiba Corporation (TOKYO: 6502) today announced that it has reinforced its business structure in the Philippines with the start of full-scale business operations by Toshiba (Philippines), Inc., a newly established sales and marketing company.
Swedish Match
Profile
- Swedish Match has been engaged in the Philippines since 1927 in matches and other products. The lighter operation is the main business in the Philippines today and the plant currently supplies Cricket lighters to the Asian market, Russia and parts of Europe. Other lighter production units are located in Assen, Netherlands and in Manaus, Brazil.
- Swedish Match develops, manufactures, markets, and sells quality products with market leading brands in the product areas Snus and snuff, Other tobacco products (cigars and chewing tobacco), and Lights (matches and lighters).
- Snus: ground tobacco, salt and water.
- Swedish snus is consumed in the mouth
- smokeless tobacco product
- Snuff: smokeless tobacco made from ground tobacco leaves. that is inhaled
- Well known brands include General snus, Longhorn moist snuff, White Owl cigars, Red Man chewing tobacco, Fiat Lux matches, and Cricket lighters.
- Swedish Match also owns 50 percent of SMPM International (a joint venture with Philip Morris International for snus outside of Scandinavia and the US).
- In addition, Swedish Match holds a 49 percent ownership interest in Scandinavian Tobacco Group (STG).
- The Group sells products across the globe, with production units in six countries. The largest markets are in Scandinavia, the US, and Brazil.
- Sales by product area
- Snus and Snuff: 39%
- Lights: 11%
- Other tobacco products: 20%
- Other operations: 30%
Monday, May 12, 2014
SunPower
Profile
- Since 1985 SunPower has been leading global solar innovation. SunPower® solar panels consistently deliver more energy and long-term peace of mind with the highest performing solar power systems available. SunPower is the solar energy choice of more homeowners and businesses around the world.
- •Largest U.S. residential and commercial installed base, with over 100,000 residential systems installed
- •Global headquarters based in Silicon Valley since 1985
- •Total solar energy generated >7,000,000 MWh
- •Diversified global portfolio leading residential, commercial and utility solar energy markets.
- World's highest efficiency solar cells featuring SunPower Maxeon cell technology
- •More than 200 patents for solar technology
- SunPower Corporation (together with its subsidiaries, the “Company” or “SunPower”) is a vertically integrated solar
products and solutions company that designs, manufactures and delivers high-performance solar systems worldwide, serving as a one-stop shop for residential, commercial, and utility-scale power plant customers.
News:
2011: the Company became a majority owned subsidiary of Total Energies Nouvelles Activités USA, formerly
known as Total Gas & Power USA, SAS (“Total”), a subsidiary of Total S.A. (“Total S.A.”)
2012: SunPower acquires French solar company Tenesol SA, further increasing our global footprint.
- US module manufacturer SunPower plans to reduce its manufacturing costs and will consolidate its Philippine manufacturing operations. The reduction of approximately 125 megawatts of nameplate capacity at Fab 1 should be partially offset by further improvement in yields and equipment efficiency in Fab 2 and Fab 3.
2013: SunPower Corp. (NASDAQ: SPWR), a leading solar technology and energy service provider, today announced that it has acquired Greenbotics, Inc., a Davis, Calif.-based company that offers panel cleaning products and services for large-scale solar power plants. With this strategic acquisition, SunPower expands its energy services portfolio for global customers with the SunPower Oasis Power Plant product, especially in markets with challenging dirt and dust environments
Yamaha Motor
Yamaha Motor Philippines, Inc.
- Yamaha Motor Philippines, Inc. has Yamaha 3S Shop around the country. The 3S Shop is one stop shop that offers all the needs of a motorcycle buyer from sales, service to spare parts, while serving as a vehicle for Yamaha’s over-all vision.
- Yamaha Motor Co., Ltd.
Sales (%) by product category (Consolidated)
- Motorcycles:65.8%
- Marine Products:17.3%
- Power Products:9.0%
- Industrial machinery and robots: 2.3%
- Others: 5.6%
Sales (%) by region (Consolidated)
- North America: 17.4%
- Europe: 11.1%
- Asia: 45.8%
- Japan: 10.5%
- Others: 15.2%
Honda Cars
Honda Cars
- a manufacturer of automobiles and motorcycles.
- Dealer investors continue to increase in number. There are currently 10 Metro Manila dealerships, 18 provincial dealerships and 3 service centers that substantially contribute to the local economies where they operate.
- Production Capacity: 15,000 units per year
- Land Area: 172,000 square meters
- No. of Employees Approximately 700
- Capital: Php 1.1 Billion
2014:
- In January, Honda Cars Philippines, Inc. recently celebrated the opening of its 30th full-service dealership in the country, Honda Cars Marcos Highway (HCMH).
- In February, Honda Cars Philippines, Inc. (HCPI), Honda’s automobile business unit names Mr. Toshio Kuwahara as its new President and General Manager effective April 1, 2014.
- Honda Cars Philippines, Inc. puts up its 31st full dealership in the country (Hondar Cars Calamba) in Calamba, Laguna.
Amkor
Business Profile:
- Amkor is one of the world’s largest providers of contract semiconductor assembly and test services.
- Amkor pioneered the outsourcing of IC assembly and test and is now a strategic manufacturing partner for more than 300 of the world’s leading semiconductor companies and electronics OEMs
- Amkor has become a strategic manufacturing partner for many of the world’s leading semiconductor companies and electronics OEMs, providing our customers with the industry’s broadest array of package design, assembly and test solutions.
- Amkor’s operational base encompasses more than 5 million square feet of manufacturing facilities, product development centers, and sales & support offices located in key electronics manufacturing regions in Asia, Europe and the United States.
- Amkor Technology Philippines Inc. operates as a subsidiary of Amkor Technology, Inc.
Alternergy
Business Profile
- Alternergy is a power company focused on renewable energy in fast growing emerging countries
- Alternergy aims to develop renewable power projects in the country with at least 200MW generating capacity from renewable energy resources.
- Our management team with strong track record in power development and energy policy in emerging countries developed the first wind farm in Southeast Asia.
- Projects:
- Alternergy has been awarded with six exclusive Wind Energy Service Contracts by the Department of Energy based on its financial and technical capabilities which include:
- 40 MW Pililla Wind Power
- 40 MW Kalayaan Wind Power
- 30 MW Abra de Ilog Wind Power
http://www.alternergy.com/
News
2010: Alternergy Philippine Holdings Corp. announced that they are looking to invest $400 million midterm into wind based renewable energy projects in the Philippines. The $400 million will equate to about 200 MW worth of Wind Energy Projects.
2013:
- Alternergy Wind One is a partnership between Alternergy Viento Partners Corp, founded by former Energy Secretary Vincent Perez, and Korea East West Power, a generation subsidiary of Korea Electric Power Co. (KEPCO).
- The Department of Energy (DOE) has given the go-signal to renewable energy company Alternergy Wind One Corp. to operate commercially its 67.5-megawatt wind power project in Pililla, Rizal.
- Alternergy Wind One Corporation will be investing $380 million for two wind power projects of 67-megawatt capacity each in Rizal province. (Pililla and Sembrano Projects)
- Four local banks led by BDO Unibank Inc. are extending a $130 million loan to Alternergy Wind One Corp., the developer of the 67.5 megawatt wind farm power project in Pililla, Rizal province.
http://www.philstar.com/
A Menarini
Business Profile
- With an extensive brands portfolio, Menarini Asia-Pacific markets a wide range of branded pharmaceutical, biotechnology, medical device and consumer health brands across key markets in Asia-Pacific.
- Its product offerings include the following therapeutic fields:
Dermatology, Select Specialty Care, Consumer Health, Men’s Health, Cardiovascular and Allergy / Respiratory
- A. Menarini Philippines, Inc. is a wholly owned subsidiary of A. Menarini Asia-Pacific Pte Ltd,formerly Invida Private Limited.
- Menarini Asia-Pacific operates in the fastest growing healthcare markets worldwide, increasing at an annual compounded growth rate of 12 percent, more than double the global growth rate for the sector.
- Today, the Asia-Pacific markets represent approximately USD138 billion and 16.2 percent of worldwide pharmaceutical sales.* With China and India among top growth contributors globally,
- Menarini Asia-Pacific is establishing itself as a leader in these rapidly expanding markets through targeted investments.
However, with the acquisition of the Invida Group, the Menarini Group became the Company's ultimate parent company.
- Menarini Group:
- Menarini is the largest Italian multinational biopharmaceutical company with over 16,000 employees worldwide and a presence in more than 100 countries, including Europe, Africa, Middle East, Asia-Pacific, Central and Latin America.
- Menarini ranks 16th among pharmaceutical companies in Europe and 38th among companies worldwide.
- The Menarini caters for the needs of patients and physicians in the following therapeutic fields: cardiovascular, gastroenterology, antibiotics and respiratory drugs, products for the treatment of diabetes, anti-inflammatories and analgesics.
Significant News
2011:
- Menarini Group purchased the Invida Group in November 2011. The Menarini Group became the Company's ultimate parent company
- Singapore, Australia, China, Hong Kong, India, Indonesia, Malaysia, New Zealand, South Korea, Taiwan, Thailand, The Philippines, and Vietnam -- these are the nations into which the Florence-based Italian multinational Menarini Group (Menarini) shall now be expanding following its acquisition of Invida Group Private Limited of Singapore (Invida).
2012: changed name from Invida Philippines, Inc. to A. Menarini Philippines, Inc.
http://www.benzinga.com/pressreleases/11/11/b2127701/menarini-group-succeeds-in-bid-for-invida-group
Toyota Motors
Business Profile
- Toyota Motor Philippines Corporation is engaged in the manufacture of Automotoive Vehicles and sale of automotive spare parts.
- In 1995, the Toyota Santa Rosa (Laguna) Industrial complex was declared as a Special Economic Zone. The 82-hectare Toyota Special Economic Zone (TSEZ) is home to Toyota’s manufacturing plant and head office and houses a number of investors performing strategic roles in the manufacture and export of automotive products to ASEAN, Japan and other parts of the world.
- The best-selling Vios and Innova are proudly made in Santa Rosa City, Laguna.
- TMP is the biggest automotive company and the market leader in the country, with the widest vehicle line-up of 18 models and a sales distribution and service network composed of 43 outlets nationwide as of February 2014.
- In term of sales, TMP has achieved the much-coveted Triple Crown award from 2002-2013, being No. 1 in Passenger Car Sales, No. 1 in Commercial Vehicle Sales and No. 1 in Total Sales.
- TMP is a joint venture of GT Capital Holdings, Inc., Toyota Motor Corporation and Mitsui & Co. Ltd.
- Subsidiary:
- Toyota San Fernando Pampanga, Inc.
- Toyota Makati, Inc.
- Lexus Makati, Inc.
http://www.toyota.com.ph/
News
2014:
- Toyota Motor Philippines Corp. (TMP), the countrys largest automotive company, is revising its annual plan to prepare for the possible surge in market demand given the start of motorization stage of the domestic economy.
- Part of its preparation is TMPs projects in the pipeline that include increasing production capacity through plant improvements, as well as localization of additional 15 press parts for the Vios
- Toyota Motor Corporation (TMC) and Daihatsu Motor Co., Ltd. (Daihatsu) announced the start of exports of a compact car based on the Toyota "Agya"[1] from Indonesia to the Philippines
2013:
- Toyota Motor Philippines Corp. (TMP) yesterday announced a parts localization program that would double its local content for its best selling model Vios to 40 percent in 2014 with over 300 locally-sourced parts and substantially improve the capacity utilization of its highly underutilized press plant.
- This year, the top automotive company in the country has added four more dealerships to its network to kick-off the next phase of its expansion plans. Toyota Calamba, Laguna (TCL), Toyota Mandaue South, Cebu (TMD-S), Toyota Marilao, Bulacan (TMR) and Toyota Tacloban (TTL)
- Toyota's network of dealerships has already reached 35 and is expected to increase.
http://business.highbeam.com/
GT Capital Holdings, Inc. is a publicly listed company. It is the primary vehicle for the holding and management of the diversified business interests of the Ty family in the Philippines. The Company holds interests in banking, real estate development, power generation, automotive and life insurance.
GTCAP's current portfolio of businesses comprises of directly held interests in Metropolitan Bank & Trust Company; Federal Land, Inc.; Global Business Power Corporation; Toyota Motor Philippines; and Philippine AXA Life Insurance Corporation.
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