RHI will be able to diversify its business through an integrated business model which will enable it to produce and sell raw sugar, refined sugar and bioethanol. Since the bioethanol will be produced from molasses, a byproduct from sugar production, the group will not compromise the supply of sugar as a source of food
RHI is on track to become the first fully integrated sugar and bioethanol player in the Philippines and be a major producer of both food and clean fuel.
Through its excellent level of service, reliability and quality of its products, RHI has been able to establish a long term relationship with its customers, which include multinational food and beverage and pharmaceutical companies. Some of these customer relationships have been in place for as long as 15 years, with some companies sourcing sugar from RHI since its inception. Furthermore, with its wide network of customers, RHI enjoys customer diversification and is not reliant on only a select group of clients.
Over the years, RHI has developed entrenched relationships with high quality, tier-1 Customers.
With its long standing history, RHI has one of the best reputations for reliability and level of service provided to planters.
RHI enjoys a stable supply of sugarcane through ensuring strong relationships with the planters.
As a result, only RHI remained as the listed holding company for the sugar related businesses, while CADPGC was merged with Roxas & Company, Inc. (RCI), the Groups flagship company. RCI holds the groups real estate interests. This move also eliminated the extra holding company layer for the sugar related businesses which reduced the redundancies in the group and improve its efficiency.
With this, RHI became a holding and investment company, where its primary business is its 89% investment in CADPGC. RHI and CADPGC were both listed in the Philippine Stock Exchange (PSE) until the Roxas Group underwent a corporate reorganization in 2008. The ultimate goal of the reorganization is to separate the sugar and real estate businesses of the Group into two PSE-listed firms.
In 2002, the company commenced a corporate reorganization program to transform itself into a holding and investment corporation. This resulted in the integration of its sugar business under a single subsidiary known as CADP Group Corporation (CADPGC).
RHI was established in Nasugbu, Batangas in 1927 as a sugar milling company and was then known as Central Azucarera Don Pedro, Inc. (CADPI). Due to rising competition, RHI embarked on an expansion and modernization program which enabled the company to become an integrated sugar manufacturing company with a refinery in 1994. In 1995, it acquired majority ownership in Central Azucarera de La Carlota, Inc. (CACI), a sugar manufacturing company based in La Carlota City, Negros Occidental.
Central Azucarera Don Pedro, Inc., located in Batangas, is able to provide the refined sugar requirements of traders and industrial customers such as multinational food and beverage and pharmaceutical companies in Luzon. Central Azucarera dela Carlota, Inc., based in Negros Occidental where there is substantial sugar activity and also near the port for export, is also able to meet the raw sugar requirements of the traders who deal with local and export consumers. In addition, it holds a 45 percent-equity in Hawaiian-Philippine Co., another sugar mill based in Negros Occidental.
RHI owns and operates the largest milling operations and is the second largest refiner of sugar in the Philippines, producing 19% of the raw sugar and 18% of the refined sugar in the Philippines in 2008. Together, the complementary locations of the sugar mills enable RHI to serve customers throughout the Philippines.
the largest milling operations and is the second largest refiner of sugar in the Philippines, producing 19% of the raw sugar
Processing Type: | Raw |
Category: | Sugar |
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