Tosoh Successfully Completes Tender Offer for MVC Shares
In September 2015, Tosoh Corporation successfully completed a tender offer to purchase additional shares of MVC through the Philippine Stock Exchange. This enabled Tosoh to increase its ownership to 87.9748% from 39.92%.

Tosoh Corporation is a Japanese chemical and specialty products and materials group that comprises over 140 companies worldwide and a multi-ethnic workforce of more than 11,500 people. It is also the largest chlor-alkali producer in Japan. Tosoh’s principal markets include chemical and petrochemical, construction, automotive, consumer electronics, information technology, bioscience and environmental markets.

Tosoh was established in 1935 and in the 80 years that it has been in business, Tosoh has built balanced product lines of commodity chemicals for industry and of specialty products and materials for high technology and niche markets.

Tosoh is ranked no. 44 in the global chemical industry with total sales of US$7.7Billion.

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UN Global Compact
As one of the pioneer signatories in the Philippines, Mabuhay Vinyl Corporation continues to affirm its commitment to supporting initiatives of the UN Global Compact and confirms its adherence to the UNGC principles.

MVC’s UN Global Compact Report or Communications on Progress (COP) provides updates on management support to and employee participation in the company’s collective efforts to integrate the UNGC principles into its business operations, in its interface with its various stakeholders, in helping communities and in preserving environment resources, among others.

As Mr. Edwin Ll. Umali, Mabuhay Vinyl Corporation President and COO, aptly put it, “Reporting our initiatives and activities in support of the UN Global Compact principles is not only a requirement, but is our statement of belief in and adherence to the values and essence of the UN Global Compact.”

arrow 2010 COP Report

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