We are pleased to announce that
Chemphil Albright & Wilson Corp. (CAWC) will be
officially known as CAWC, Inc. Upon the approval by the Securities
& Exchange Commission of the revisions in the Company's
Articles of Incorporation - the Company shall change its corporate
name to CAWC, Inc.* In the meantime, it shall be using its
acronym, CAWC. We enjoin all concerned to use this acronym
where practicable until its new corporate name CAWC Inc.
shall have been officially approved.
CAWC has,
through its 31 years of continued existence, achieved the status of
a world class manufacturer of quality food, technical and ceramic
grade phosphates and phosphoric acid products. As such CAWC
has earned the acceptance and accreditation as a top ranking
chemical producer and supplier by its multinational customers in the
detergent and in the food industries.
CAWC will
continue to pursue excellence in serving the needs of its domestic
and export markets. CAWC, being an accredited food grade
company by BFAD for its food products, endeavors to continue
to develop new high value food grade phosphates. It hopes that in
this way CAWC will continue to contribute to the economic
development of the Philippines and the Asia Pacific Region.
* The Company's
original name was Polyphosphates Inc. when it was established by Chemical
Industries of the Phils. Inc (CIP) as a wholly owned subsidiary.
In 1980, Albright & Wilson (UK) then one of the leading
phosphate chemicals producers bought into the Company. In due time,
the corporate name was changed to Chemphil Albright & Wilson
Corp. In 2000, Rhodia acquired Albright & Wilson
worldwide. Sometime in 2003, CIP bought back the shares once
held by A&W. Thus, CAWC is now once again a wholly
owned subsidiary of CIP.