ChemRep Industrial Products
Engr. Diosdado N. Cheng held office in DCP headquarters and established ChemRep Industrial Products, a business division focused on chemical distribution since this has been his field for over 25 years. Mr. Cheng is the “C” in DCP. He has contributed the enhancement of the company’s organizational development thereby increasing work productivity. In the course of a year’s operation of the division and reinforced by the various China and other Asian countries business trip with Mr. David, Mr. Cheng was headhunted by a New Zealand-based chemical distribution company, Scott Chemicals NZ Limited Company. This paved the way for Messrs. Cheng and David to put up Scott Chemicals Philippines Inc., where these gentlemen hold 40% stake of the Philippine operations while the remaining 60% is owned by their counterpart, Scott Chemicals Holdings Limited (New Zealand).
Scott Chemicals acts as agent for a significant number of leading global chemical manufacturers, servicing Australia, New Zealand, China and many more locations around the world. We form a dynamic link between the principal and customer with a focus on adding value at every step of the way. Our high level of service and technical expertise to both our customers and principals mean we are able to offer support throughout the process, from enquiry to delivery and beyond. Over two decades of success comes from our commitment to finding the right solution whether we stock it as standard or not.
A consultancy agreement is entered between Enfinity and DCPManagers Inc. with reference to the business development of solar power projects in Palau (30 mega-watt) and Batangas (25 mega-watt). Enfinity Philippines Renewable Resources, Inc. (“EPRRI”), was incorporated in the Philippines and registered with the Securities and Exchange Commission on July 15, 2010, primarily to invest in or otherwise engage in exploration, development and utilization of renewable resources with particular focus on solar and wind energy generation. Sixty percent (60%) of the authorized capital stock of EPRRI is owned by Greenlight Resources Stakeholdings Inc., a one hundred percent (100%) Filipino-owned corporation, and forty percent (40%) by Wealth Mate Holdings Limited, a wholly owned affiliate of Enfinity NV.
Enfinity NV, in turn, is an established renewable energy company based in Waregem, Belgium with international operations in the United States of America, Canada, Europe, and the Asia Pacific Region. The Enfinity group of companies is one of the top 10 solar energy companies globally, with over USD 500 million in revenue and approximately 400 MW of solar installations in the past year at more than USD 2 billion in aggregate investment funds deployed.