THE COMPANY
Mabuhay Vinyl Corporation is the only chlor-alkali producer in the Philippines. It is the country’s manufacturer of caustic soda and hydrochloric acid and the only company that produces chlorine in commercial quantities. In addition, it supplies more than 50% of the country’s requirement for sodium hypochlorite. The products end up in the manufacture of many useful consumer products that are important in our daily lives. The company is backed by a team of technically skilled managers with long and extensive experience in the field of PVC and chlor-alkali production. Through the years, MVC continues to affirm its commitment to quality.
MVC is certified to ISO 9001:2015 quality standards – the internationally recognized standard of world-class quality. Its Mabuhay Premium Bleach Plant (MBPB) in Sta. Rosa, Laguna is also ISO 14001:2015 certified for Environmental Management System while its Iligan Plant is certified for its Integrated Management System consisting of ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018.
HISTORY
Mabuhay Vinyl Corporation (MVC), the only chlor-alkali manufacturer in the Philippines and also the largest importer of liquid caustic soda today, traces its humble roots to a shoe factory.
Mabuhay Rubber Corporation was founded in 1934 by the late Judge Guillermo B. Guevara. However, when its production facilities were completely razed during World War II, the company had to cease operations.
Two decades after the end of the war, seeing the need to support the country’s manufacturing base, Judge Guevara and his son Victor revived the company, shifting to the production of caustic soda and polyvinyl chloride resin—chemical products used in making a wide range of consumer goods.
MISSION, VISION AND CORPORATE VALUES
A dominant and admired chemical and related services company for enhancing life and preserving the environment. A dynamic and profitable company focused on value leadership, reliable service and premium customer satisfaction.
FACILITIES
The 26-hectare complex located at Assumption Heights Buru-un Iligan City – nine kilometers from the city proper and a kilometer from the jetty houses the two Chlor-Alkali plants of Mabuhay Vinyl Corporation.
BOARD OF DIRECTORS
BOARD OF DIRECTORS OF MABUHAY VINYL CORPORATION:
| Name | Position |
|---|---|
| Yohei Chikamoto | Chairman and CEO |
| Steve SC. Pangilinan | President and COO |
| Francisco J. Kong | Independent Director |
| Barbara Anne C. Migallos | Director |
| Ramon J. Abejuela | Independent Director |
| Yasuhiro Fukuki | Director |
| Satoshi Maruyama | Director |
OFFICERS OF MABUHAY VINYL CORPORATION:
| Name | Position |
|---|---|
| Yohei Chikamoto | Chairman and CEO / Director |
| Steve SC. Pangilinan | President and COO/Director |
| Michael S. Yu | Treasurer/VP-Corporate Planning |
| Romeo G. Dela Cruz | VP-Marketing |
| Atsushi Utsunomiya | VP-Finance |
| Mark Francis D. Basan | AVP-Manufacturing |
MVC ORGANIZATIONAL CHART
MVC CONGLOMERATE MAP
SHAREHOLDINGS STRUCTURE
CLASS OF VOTING SHARES AS OF 31 DECEMBER 2020
| Shares Outstanding | No. of Vote Each Share Is Entitled | |
|---|---|---|
| Common Shares: |
||
| Filipino | 39,212,588 | One (1) vote per share |
| Foreign | 622,096,810 | One (1) vote per share |
| Total | 661,309,398 |
MANNER OF VOTING
The holders of common stock are entitled to one vote per share, but in connection with the cumulative voting feature applicable to the election of directors, each stockholder is entitled to as many votes as shall equal the number of shares held by such person at the close of business on the record date, multiplied by the number of directors to be elected. A stockholder may cast all of such votes for a single nominee or may apportion such votes among any two or more nominees. The shares shall be voted/cast by secret balloting and/or raising of hands. In all matters included in the agenda, except the election of directors, the counting of votes will be done through the regular method.