By ALBERT CASTRO
Sto. Tomas, Batangas — Mariwasa Siam
Ceramics, Inc. (MSCI) plans to wrest back market share lost to
cheap imports from China. The local unit of the Thai
conglomerate Siam Cement Group, sees sales of over P2 billion
this year.
MSCI president Kraiwitchaicharoen Suarasak,
said the company’s market share will increase to 33 percent from
the current 27 percent as it brings out new designs.
"In 1997, Mariwasa has a market share of 50
percent, in 2007, it was down to 27 percent. We aim to get back
that 50 percent," said Suarasak.
When SCG bought Mariwasa, the conglomerate
decided to keep the name since it enjoys goodwill and known even
abroad where many Filipinos live. In fact it exports to Guam.
MSCI plans to invest P131 million this year
to improve operational efficiency with P31 million set aside for
research and development.
Threatened by the influx of cheap imported
ceramic tiles, notably from China,
Suarasak said part of the MSCI’s design is to
"launch new designs every year" to address market demands for
new designs.
MSCI is looking at an 11 percent growth in
sales at P2 billion, from last year’s P1.8 billion. Bottomline
meanwhile is seen to grow by about 20 percent at P30 million,
from P25 million last year.
Suarasak said the P7 billion to P8 billion
industry is projected to grow by about 10 percent for the year,
driven the current property boom.
He said MSCI plans to launch 100 new designs
for the year, catering to the changing taste of real estate
developers and users.
SMCI’s clientele is made up by real estate
developers, 60 percent and individual owners, 40 percent.
MSCI added that it is trying to conserve
energy by putting up its own biomass power plant, to complement
its current bunker fueled facility.
Emilie B. Maramag, MSCI vice president for
finance, said the company plans to put up a 2MW plant worth P50
million. The power plant is expected to reduce by 10 percent the
company’s dependence on oil.
MSCI is the biggest ceramic tile
manufacturing company in the Philippines and is a joint venture
of the Coseteng Group and SCG in 1993.
MSCI sits on a 24-hectare land in Sto. Tomas,
Batangas and has a plant capacity of 30,000 square meters per
day, with a manpower of 1,000.
In addition to its ceramic tile production,
MSCI imports sanitary wares and bathroom fixtures to complement
its product lines. MSCI also exports to Thailand, Singapore,
Korea, Saipan, Guam, Palau, Canada, and Africa.