Philippine Resins Industries Inc
Philippine Resins Industries, Inc. is on file with Zavia.ai under country code HN (Honduras), yet its name and verified corporate history identify a Philippine manufacturing company, not a Honduran one. Research for this profile located a currently active PVC-resin producer using this exact name, incorporated in the Philippines and registered with the Philippine Board of Investments in May 1994 under pioneer status. No distinct company of this name was found registered in Honduras, and Honduras’s company registry does not provide a free public name-search tool that could rule one out with certainty. On the balance of the evidence gathered, the HN country code on file is treated here as a likely data-entry error rather than as evidence of a genuine Honduran incorporation, and this profile describes the verified Philippine entity.
The company manufactures suspension-type polyvinyl chloride (PVC) resin at a plant in Mariveles, Bataan, Philippines, which began commercial production in January 1999 with an initial licensed capacity of around 70,000 metric tons a year, supplying domestic manufacturers in construction, packaging, piping and medical products. Philippine business media reported in December 2017 that Aboitiz Construction, Inc. had been contracted for an eighteen-month project to roughly double that capacity to about 200,000 metric tons a year. Commercial business-registry data lists the company’s registered office as Unit 5, 22nd Floor, Zuellig Building, Makati Avenue corner Paseo de Roxas, Makati City, Metro Manila, and gives an incorporation date of 19 May 1994; neither this address nor a Philippine SEC registration number was independently confirmed against a primary SEC filing during this research, since the Commission does not offer a free public registration lookup.
The Bataan plant was originally built under a Joint Venture Agreement signed in December 1996 between Mabuhay Vinyl Corporation, Tosoh Corporation, Mitsubishi Corporation and the Bank of the Philippine Islands, according to Mabuhay Vinyl Corporation’s own published corporate history, which also records that Mabuhay Vinyl Corporation divested its stake in 2001. No source reviewed for this research links Philippine Resins Industries, Inc. to JG Summit Holdings, Inc. or the Gokongwei family, and none confirmed a listing on the Philippine Stock Exchange under a PRIN ticker or any other symbol; the company does not appear on the exchange’s current or delisted-company lists. Verified shareholder and group information is set out in the sections below.
- Company fundamentals
- Corporate linkage & group structures
- Digitized company financials
- Firmographics — websites, social profiles, revenue and employee estimates
Shareholders
Shareholders of Philippine Resins Industries, Inc.
Philippine Resins Industries, Inc. is a privately held joint-venture company rather than a listed entity, so it does not publish a shareholder register or annual disclosure in the way a Philippine Stock Exchange-listed company does. Tosoh Corporation, a Japanese chemicals manufacturer listed on the Tokyo Stock Exchange, discloses Philippine Resins Industries, Inc. as a consolidated subsidiary in its own annual report, reporting an ownership interest of 80.0% as of its fiscal year 2024 filing. The remaining interest, reported by multiple secondary business-data compilations as approximately 20%, is attributed to Mitsubishi Corporation, another Japanese trading company; this remaining-stake figure was not independently confirmed against a primary Mitsubishi Corporation filing reviewed directly during this research. The company was originally formed under a December 1996 Joint Venture Agreement that also included Mabuhay Vinyl Corporation and the Bank of the Philippine Islands as investors; Mabuhay Vinyl Corporation’s own published corporate history confirms that it divested its stake in 2001, and no source reviewed for this research confirmed whether the Bank of the Philippine Islands retains a current interest.
Ultimate beneficial ownership
No individual ultimate beneficial owner can be identified for Philippine Resins Industries, Inc. from the sources reviewed. Its majority shareholder, Tosoh Corporation, is itself a widely held public company listed on the Tokyo Stock Exchange, so no single natural person’s calculated indirect ownership chain through Tosoh Corporation could be established, and this profile does not name one.
Data availability
Shareholder information for Philippine Resins Industries, Inc. is Partial: the identity of its majority corporate shareholder is confirmed through that shareholder’s own official annual filing, but a complete, dated share register showing exact percentages, share classes and the current status of the Bank of the Philippine Islands’ original investment was not obtained from a primary Philippine source during this research.
Officers
Directors and officers of Philippine Resins Industries, Inc.
No current roster of directors, corporate officers or a legal representative for Philippine Resins Industries, Inc. was located through a government registry, official company filing or the company’s own website during this research. The Philippine Securities and Exchange Commission does not offer a free public search of a company’s General Information Sheet, which is the primary official source for director and officer names in the Philippines, and no such filing was purchased or reviewed for this profile. Individual and company social-media profiles referencing roles at the company appeared in search results but were not used as a source, consistent with the exclusion of unverified personal social-media profiles from this research.
Data availability
Officer information for Philippine Resins Industries, Inc. is Not found: no director, secretary or legal-representative names could be confirmed from a primary source reviewed directly during this research, and this should not be read as evidence that the company has no appointed officers.
Group Structure
Group structure of Philippine Resins Industries, Inc.
Philippine Resins Industries, Inc. is not an independent company; it operates as a majority-owned subsidiary of Tosoh Corporation, a Japanese chemicals manufacturer listed on the Tokyo Stock Exchange, which discloses an 80.0% ownership interest in Philippine Resins Industries, Inc. in its own fiscal-year 2024 consolidated-subsidiary disclosure and describes it as engaged in the manufacture and sale of vinyl chloride resin. Mitsubishi Corporation, another Japanese company, is reported by secondary business-data sources as holding the remaining minority interest, though this was not independently confirmed against a primary Mitsubishi Corporation filing. The Bataan PVC resin plant was originally built under a December 1996 Joint Venture Agreement between Mabuhay Vinyl Corporation, Tosoh Corporation, Mitsubishi Corporation and the Bank of the Philippine Islands; Mabuhay Vinyl Corporation’s own published corporate history states that it divested its stake in 2001 to focus on its chlor-alkali production business. No source reviewed during this research links Philippine Resins Industries, Inc. to JG Summit Holdings, Inc. or the Gokongwei family, and none confirms a listing on the Philippine Stock Exchange under a PRIN ticker or any other symbol; both possibilities were checked specifically for this profile and could not be substantiated.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Tosoh Corporation | Japan | Not disclosed in sources reviewed | Immediate and ultimate parent | 80.0% (per Tosoh Corporation’s own disclosure) | Active; Tokyo Stock Exchange-listed | Fiscal year 2024 |
| Mitsubishi Corporation | Japan | Not disclosed in sources reviewed | Minority shareholder | Approximately 20% (reported, not independently verified) | Active; Tokyo Stock Exchange-listed | Not dated |
| Mabuhay Vinyl Corporation | Philippines | Not disclosed in sources reviewed | Historical relationship (former joint-venture investor) | Divested in 2001 | Relationship ended | 2001 |
Recent structural changes
No recent acquisition, disposal, merger or reorganisation involving Philippine Resins Industries, Inc. was identified from a reliable source during this research; the most recent material development located was a December 2017 contract with Aboitiz Construction, Inc. to double the plant’s production capacity, which is an operational rather than a corporate-structure change.
Data availability
Group-structure information for Philippine Resins Industries, Inc. is Partial: its immediate and ultimate parent, Tosoh Corporation, is confirmed through that company’s own official filing, and the historical joint-venture partners are confirmed through Mabuhay Vinyl Corporation’s own published history, but Mitsubishi Corporation’s exact current stake and the Bank of the Philippine Islands’ current status were not confirmed from a primary source reviewed directly during this research.
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Frequently Asked Questions
What is the registration number of Philippine Resins Industries, Inc.?
A Philippine SEC registration number could not be confirmed during this research; the Philippine Securities and Exchange Commission does not offer a free public lookup of company registration numbers, and no other primary source reviewed disclosed one.
When was Philippine Resins Industries, Inc. incorporated?
Commercial business-registry compilations report an incorporation date of 19 May 1994 in the Philippines, consistent with a Philippine government trade-agency webpage describing Board of Investments pioneer-status registration in May 1994; this date has not been independently verified against a primary Philippine SEC filing.
Why does Zavia.ai list Philippine Resins Industries, Inc. under the country code HN (Honduras)?
This appears to be a data-entry error rather than evidence of a genuine Honduran company. Research for this profile identified a verifiable, currently active Philippine PVC-resin manufacturer using this exact name, and found no distinct company of this name registered in Honduras. Because Honduras's company registry does not provide a free public name-search tool, a Honduran entity could not be ruled out with full certainty, but no source located during this research supports one, so the HN country code on file is treated here as unresolved and most likely mistaken.
What does Philippine Resins Industries, Inc. do?
The company manufactures suspension-type polyvinyl chloride (PVC) resin at a plant in Mariveles, Bataan, Philippines, supplying domestic PVC product manufacturers in sectors such as construction, packaging, piping and medical products.
Where is Philippine Resins Industries, Inc. based?
Commercial business-registry data lists its registered office as Unit 5, 22nd Floor, Zuellig Building, Makati Avenue corner Paseo de Roxas, Makati City, Metro Manila, Philippines, with its manufacturing plant located separately in Mariveles, Bataan.
Who owns Philippine Resins Industries, Inc.?
Tosoh Corporation, a Japanese chemicals manufacturer listed on the Tokyo Stock Exchange, discloses an 80.0% ownership interest in Philippine Resins Industries, Inc. in its own fiscal-year 2024 filing. The remaining minority interest is reported by secondary sources as held by Mitsubishi Corporation, though that figure was not independently verified.
Is Philippine Resins Industries, Inc. part of JG Summit Holdings or owned by the Gokongwei family?
No connection to JG Summit Holdings, Inc. or the Gokongwei family was found during this research. The verified majority shareholder is Tosoh Corporation of Japan, not a Philippine conglomerate.
Is Philippine Resins Industries, Inc. listed on the Philippine Stock Exchange?
No listing was confirmed. The company does not appear on the Philippine Stock Exchange's current listed-companies or delisted-securities lists reviewed for this research, and no ticker symbol such as PRIN could be verified.
How did Philippine Resins Industries, Inc. come to be established?
Mabuhay Vinyl Corporation's own published corporate history records that it signed a Joint Venture Agreement in December 1996 together with Tosoh Corporation, Mitsubishi Corporation and the Bank of the Philippine Islands to build a PVC resin plant in Bataan under the Philippine Resins Industries, Inc. name.
Did Mabuhay Vinyl Corporation remain a shareholder of Philippine Resins Industries, Inc.?
No. Mabuhay Vinyl Corporation's own corporate history states that it divested its stake in Philippine Resins Industries, Inc. in 2001 to focus on its chlor-alkali production business.
How large is Philippine Resins Industries, Inc.'s production capacity?
The plant began commercial operation in January 1999 with an initial licensed capacity of around 70,000 metric tons of PVC resin a year. Philippine business media reported in December 2017 that Aboitiz Construction, Inc. had been contracted for an eighteen-month project to roughly double that capacity to about 200,000 metric tons a year.
Who are the directors and officers of Philippine Resins Industries, Inc.?
No director, corporate secretary or legal-representative names could be confirmed from a primary source during this research. The Philippine SEC's General Information Sheet, the official source for this information, is not available through a free public search.
How many employees does Philippine Resins Industries, Inc. have?
Commercial business-data providers report a workforce in the range of 1,000 to 1,999 employees as of 2024; this figure was not independently verified against a primary company filing.
Is Philippine Resins Industries, Inc. an independent company?
No. It operates as a majority-owned subsidiary of Tosoh Corporation of Japan, which discloses it as a consolidated subsidiary in Tosoh Corporation's own annual filings.