Holcim Philippines, Inc. (HLCM) was originally incorporated on November 12, 1964 as Hi-Cement Corporation. On January 1, 2000, the Securities and Exchange Commission (SEC) approved the merger of three cement companies, namely, Hi-Cement Corporation, Davao Union Cement Corporation and Bacnotan Cement Corporation, with Hi-Cement as the surviving entity. Simultaneously, the SEC approved the change in corporate name to Union Cement Corporation. The company acquired Alsons Cement Corporation on November 12, 2002 and led to another change in corporate name to Holcim Philippines, Inc. HLCM is involved in the manufacture, sale and distribution of cement and clinker. The company produces four cement products, namely, Holcim Premium Cement, Holcim Excel Cement, Holcim Duracem Cement, and Holcim Wallright Cement. HLCM also sells to cement producers a semi-finished product called clinker, which is sold only in bulk. HLCM's subsidiaries are Holcim Philippines Manufacturing Corporation and Trans-Asia Power Generation Corporation. Source: SEC Form 17-A (2008)