RI Chemical Corporation (RICC) is a wholly owned subsidiary of Resins Incorporated, one of the more diversified chemical manufacturers in the Philippines today. Founded in 1956 by the late Meneleo Carlos, Sr., the Company embodies its founder's vision of contributing to the country's industrialization by manufacturing chemicals for various basic industries. In 1958 RICC began its commercial operations with the production of formaldehyde adhesives for the plywood industry and alkyd resins for both the paint and printing ink industries. Soon after, the Company progressively expanded its production to include a wide range of synthetic resins for the coatings industry, fiberglass reinforced plastics, packaging, foundry, paper, textile and as well as other industries. RICC was for many years a licensee for the manufacture of synthetic resins of Reichhold Chemicals of the United States.

As the Company grew, RICC integrated its operations to produce some of its own raw material requirements. The Company now produces its own formaldehyde, phthalic anhydride and refined glycerin requirements. The Company also expanded to the production of phthalate plasticizers for the PVC fabricating industry and to the field of inorganic chemicals with production facilities for sulfuric acid (technical, battery, and oleum grades) and aluminum sulfate. The Company’s chemical operations are located in Pasig City and Jasaan, Misamis Oriental. RICC also operates a bulk storage depot for plywood adhesives in Davao City.

The success of the Company's extensive operations is due to a large measure to three indispensable functions: rigid quality control throughout the manufacturing process, competent technical service to the Company's industrial customers, and progressive efforts in research and development. For these functions, the Company maintains well staffed and equipped laboratories in its plant sites.

 Resins Incorporated manages other businesses as well: Philippine Iron Construction and Marine Works, or PICMW, is engaged in overseas and domestic general construction, equipment fabrication, and shipbuilding and repair. PICMW's shipyard, with its 1,200 DWT synchro-lift, is located in Jasaan, Misamis Oriental. Chemserve Incorporated manufactures specialty adhesives, installs epoxy industrial floor toppings as well as epoxy and polyester tank linings. The company also trades in various chemicals. Pigmentex Incorporated is involved in the production of calcium sulfate and aluminum paste for paints. The company also toll-manufactures alkyds, emulsions and polyester resins for RICC. Pacific Resins Incorporated or PRI is also a resin manufacturer with a strong position in resins for industrial coatings and inks. Although PRI was just recently acquired last August 1998, the company has been in the forefront of manufacturing resins since 1963.

Resins Incorporated has also diversified its interests through two joint ventures: with the Ayala Corporation, Resins Incorporated organized Integrated Microelectronics, Incorporated (IMI) which is now a leader in the Philippine electronics industry; with Ishihara Sangyo Kaisha Ltd. (ISK) of Japan, Resins Incorporated organized AVC Chemicals Corporation, which is engaged principally in the marketing of agricultural pesticides developed by ISK. Resins Incorporated has a minority interest in IMI and a controlling interest in AVC Chemical Corporation.

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