CHRYSO Philippines, Inc.

CHRYSO Philippines, Inc. is focused on delivering innovative construction chemicals and solutions for the concrete industry, enhancing performance and sustainability in building projects across Southeast Asia. Founded in 1969 in the City of Paranaque, Philippines, CHRYSO Philippines, Inc. provides specialized construction chemicals for concrete applications.

The company was acquired by Chryso Group, a portfolio company of LBO France, in April 2016. This acquisition has allowed CHRYSO to leverage its parent company's extensive resources and expertise in the industry. The company primarily serves the Southeast Asian market, with its headquarters located in the Philippines. CHRYSO Philippines, Inc.

specializes in offering a comprehensive portfolio of innovative construction chemicals tailored for the concrete industry. These products include advanced formulations for ready-mix concrete, wet cast, and dry cast applications, designed to enhance performance, workability, and sustainability. Key offerings consist of high-range water-reducing admixtures, curing compounds, and mold release agents, which are crucial for construction projects demanding high durability and efficiency. The company serves a diverse clientele, including major construction firms and precast concrete manufacturers in Southeast Asia, ensuring compliance with local demands and regulatory standards.

In 2023, CHRYSO Philippines reported a revenue of USD 7. 02 mn and an EBITDA of USD 1. 19 mn. Their revenue is generated through direct sales of construction chemical products to businesses in the construction sector, primarily operating on a B2B model where clients procure products based on specific project needs.

Pricing is determined through contract agreements or bulk purchasing, fostering long-term partnerships that align with clients' ongoing construction projects. CHRYSO Philippines, Inc. aims to expand its product offerings by designing new solutions tailored for the evolving demands of the construction industry. The company is exploring entry into additional geographic markets within Southeast Asia by the end of 2024.

The acquisition by Chryso Group in April 2016 enables CHRYSO to utilize resources for these developments, positioning itself to meet future challenges in construction. Recent funding will support the development of new products and the expansion into these targeted markets.