The Power Behind CROWN Pipes' Success in Corporate

October 8, 2024
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CROWN Asia Chemicals Corporation: The Power Behind CROWN Pipes' Success in Corporate Governance

In a remarkable achievement, CROWN Asia Chemicals Corporation, the proud manufacturer of CROWN Pipes, has once again demonstrated its leadership in corporate governance by receiving the prestigious Golden Arrow Award for the third consecutive year. This honor, awarded by the Institute of Corporate Directors (ICD) at the 2024 Golden Arrow Awards Ceremony, highlights the company’s unwavering commitment to integrity, excellence, and ethical leadership.

CROWN Pipes is a flagship brand within the corporation, known for its exceptional product quality and industry standards. As the only publicly listed pipes company in the Philippines to achieve this distinction, CROWN Pipes exemplifies CROWN Asia Chemicals Corporation’s dedication to adhering to the highest standards of corporate governance, as guided by the ASEAN Corporate Governance Scorecard (ACGS).

A Commitment to Leadership and Innovation

This award reflects CROWN Asia Chemicals Corporation’s dedication to fostering a culture of ethical business practices, collaboration, and sustainable growth. The company’s efforts extend beyond the pipes manufacturing sector, establishing a benchmark for corporate governance across the entire industry.

As we continue to position CROWN Pipes as the leading brand in the market, this recognition further strengthens our resolve to lead in both product excellence and ethical corporate governance.

“We are honored by this prestigious recognition, which is a result of the hard work and commitment of everyone at CROWN Asia Chemicals Corporation. We will continue to push CROWN Pipes as the benchmark for quality and integrity in the pipes industry, and also promote our other product lines like PVC compounds, PVC thermal roofing, PPR, HDPE, septic tanks, grease traps, and many more,” said Walter H. Villanueva, President/Chairman.

Looking Forward

With this award, CROWN Asia Chemicals Corporation reaffirms its leadership position not only as a premier manufacturer but also as a standard-bearer for good corporate governance in the Philippines.