Pryce Gases, Incorporated (PGI) is 98% owned by PRYCE CORPORATION. It is engaged in the manufacture and distribution of industrial and medical gases and liquified petroleum gas (LPG) uder the trade name "PRYCEGAS". The Company operates in Mindanao and Visayas areas.
"PRYCE" is derived from the Celtic word which stands for price value. Through planning and calculated risk taking, Pryce Gases, Inc., seeks fast growth in all the undertakings.
PGI started its operations in April 1988 with its first plant located at Phividec Industrial Estate, Mohon, Tagoloan, Misamis Oriental. There were two (2) plants istalled in Mohon, one (1) oxygen plant and one (1) acetylene plant. These plants served the entire Mindanao and Visayas for two (2) years. In 1990, Davao plant was installed serving the whole Southern Mindanao. In 1994, PGI continued implementing its plant epansion program in the Visayas and Mindanao. Two (2) new oxygen plants arrived in the country in the mid-1994. These plants were installed in new production facilities in Bacolod City and to expand plant capacity in Davao City.
To date, PGI has sixteen (16) LPG storage plants all over the country with a combined storage of TEN THOUSAND THREE HUNDRED FIFTY METRIC TONS (10,350 MT), seven (7) of which are Marine/Sea -fed receiving bulk terminals and nine (9) are lorry-fed plants and thirty six (36) Autogas Dispensing Stations. As of the writing, all 16 LPG terminals and refilling plants and the 36 Autogas Dispensing Stations are already operatinal.
VISION AND MISSION
Vison: "The Dream"
For Pryce Gases, Inc. to be a formidable name in the Philippine business community as the pillar of strength and stability of the Pryce Group.
Mission:
Pryce Gases, Inc. will strive for the market leadership in all its product lines by:
- Treating the Customer first as its reason for existence;
- Ensuring quality in all aspects of its endeavors;
- Serving its role as good corporate citizen;
- Adopting a good-neighbor-policy towards its competitors;
- Assuring fair returns to its owners, investors and creditors and;
- Providing its employees the building blocks for attaining quality life.
- Toward this end, Pryce Gases, Inc. shall likewise continue its entrepreneurial endeavors- always on the alert to take on new opportunities.
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