Home
About LMG
Products
Financial Info
Chemphil Group
 

 

The corporate history of LMG Chemicals Corporation (LMG) dates back to 1970, when LMG Chemicals Inc.* was incorporated. However, in terms of its oldest business activity, namely the sulfuric acid manufacturing and marketing operations - this brings one back to 1951 - the establishment of the first sulfuric acid plant in the Philippines.

In 1988, LMG Chemicals Corporation - then as LMG Chemicals Inc. whose only business is what is now the Organic Division - absorbed Chemphil Manufacturing Corp.** - then engaged in what is now known as the Inorganic Division. At that stage of its corporate history, LMG changed its name to Chemphil-LMG Inc. (CLI)- to become the single largest chemical manufacturer in the country.

On 24 January 1994 - Chemphil-LMG Inc. (CLI)- changed its corporate name to LMG Chemicals Corporation (LMG) - its present name.

On 03 November 1997, LMG spun-off its Alum Business to Kemwater Philippines Corporation (KPC) a joint venture company between companies in the Chemphil Group namely, Chemical Industries of the Philippines, Inc., Chemphil Manufacturing Corporation (CMC), a 100%-owned subsidiary of LMG, and ultimately, LMG itself - entered into a joint venture agreement (JVA) with Kemira Chemicals Oy of Finland. Kemwater Philippines Corporation (KPC) was registered with SEC on 09 December 1997. KPC then took over the alum plant operation. LMG is the main supplier of a major raw material of KPC - sulfuric acid.

In 1998, LMG again had another spin-off. This time, it ceded its trading operations to Chemphil Marketing Operations, a 100% subsidiary as mentioned above. Subsequently, on 05 October 1998, CMC entered into an agreement with GFI Far East PTE Ltd. CMC is now the exclusive agent of GFI Far East is an affiliate of GFI, Inc., one of the leading chemical distributors in the United States for the sale of liquid caustic soda and other industrial chemicals in the Philippines.

 

*
LMG Chemicals Inc. constructed in Batangas, the first and only Alkyl Benzene plant in the country. The plant started commercial operations in 1976. The year before, Tomen Corporation (then Toyo Menka Kaisha Ltd.) of Japan a major supplier- trader of the raw materials of LMG invested in the company and continues to be a significant minority stockholder of what is now LMG Chemical Corporation.

**
Chemphil Manufacturing Corp. was a spin-off company of Chemical Industries of the Philippines, Inc. which took over in 1981 the manufacturing and trading division of CIP.