COMPANY PROFILE

PASIG AGRICULTURAL AND INDUSTRIAL SUPPLY CORPORATION

(PADISCOR)

NARRATIVE DESCRIPTION OF FIRM

The Pasig Agricultural and Industrial Supply Corporation (PADISCOR), was registered at the Securities and Exchange Commission in 1983 succeeding the former Pasig Distributors Corporation which was then a leading manufacturer of power tiller attachment and irrigation pump supplied to local distributor of Honda power products.

In the early 1970's, the then Pasig Distributors Corporation realizing the importance of the Philippine government's thrust towards the development of postharvest technology to enhance the country's food production program, concentrated its efforts in designing, manufacturing, and installation of grains postharvest facilities principally paddy drying, rice milling, and storage systems. Simultaneously, PADISCOR had since established linkages with major postharvest machinery manufacturers and dealers in the US, Europe, Japan, and Australia.

Over the years, PADISCOR has strengthen its capabilities on design and manufacturing of commercial postharvest system. It is one of the leading company in postharvest systems engineering and technology.

Today, PADISCOR with its resources and a compliment of engineers and consultants, have designed, supplied and installed nearly all major postharvest facilities for the government and the private sector.

The company undertakes design, supply, manufacture and installation of integrated grain complexes for paddy, corn and other crops as well. This includes grain cleaners, -dryers, mills and storage equipment. The size of plant varies with the requirement of the client which can be from 1.0 ton per hour to 25.0 tons per hour.

PADISCOR PRODUCT LINE

Grain Drying Equipment:

Batch Dryer

Recirculating Type Dryer

Continuous Flow Grain Dryer

Biomass Furnace

Rice Milling Equipment:

Pre-Cleaner

Huller Compartment-type

Paddy Separator

Tray-type Paddy Separator

De-Stoner

Polisher

Abrasive Stone Rice Polisher

Friction Whitener

Rice Refiner

Rice Grader

Shutter Scale

Material Handling Equipment:

Bucket Elevator

Chain Conveyor

Belt Conveyor

Screw Conveyor

Pneumatic Conveyor

Grain Cleaning Equipment:

Sieve-Type Grain Cleaner

Grain Cleaner with Aspirator

Grain Storage Silos:

Hoppered-Bottom Silos

Flat-Bottom Silos with Perforated Plank

Floor System for Drying, Aeration and Storage

Grains preservation equipment for long term storage

Grain Temperature Monitoring Systems

Diesel Generating Sets

DEALERSHIPS

PADISCOR was appointed as exclusive Philippine Distributor by the following companies who are market leaders in their respective field:

1. SCAFCO CORPORATION - A leading company in the United States in the Bulk Storage Business which has more than 30 years of experience.

2. CARTER-DAY INTERNATIONAL - A leading US manufacturing company in the field of grains cleaning, selection, processing and grading equipment. The company has been in this business for the past 80 years.

3. CIMBRIA UNIGRAIN, LTD. AIS. - A Danish company manufacturing high capacity grain dryers, bulk,-conveying equipment and grains port loading and unloading equipment.

4. RICE ENGINEERING SUPPLY LTD. - The only company in Thailand which is engaged in the manufacture of industrial type rice milling equipment which is exported world wide.

5. TONY CORPORATION - The leading company in Japan which manufactures weighing, packaging and sorting equipment for grains.

6. SULZER ESCHER WYSS LINDAN - A Swiss based company engaged in the manufacture of various industrial equipment from cement plants to medical equipment. The line PADISCOR represents for Sulzer is Grain chilling equipment.

PADISCOR also handles technical services in order to ensure proper installation and after-sales service and warranty on all products sold.

PADISCOR GRAIN DRYING SYSTEM

The Grain Drying Plant is a complete facility for reducing the moisture content of wet grain down to the level suited for storage and processing.

The equipment are one hundred percent (100%) local fabrication. The manufacturing process applied in the production of individual components and parts are through the use of basic metal production equipment with special tooling, welding jigs and fixtures in order to produce uniform and standard components.

PADISCOR provides mechanical and electrical installation, supervision, plant start-up and operator training services as needed. In all cases, system analyses are carefully made on each process in the plant, therefore, the resulting equipment selection will utilize the most cost effective solution.

PARTIAL LIST OF PAST PROJECTS

YEAR CUSTOMER PROJECT

SUPPLY

1996 Cauayan Grains Center Design, Supply, Supervision of Cauayan, Isabela Installation & Commissioning of 8.0

TPH Continuous Flow Paddy Drying Plant*

1996 Goldstar Ricemill Design, Supply, Supervision of

Dadap, Luna, Isabela Installation & Commissioning of two

units x 8.0 TPH Continuous Flow

Paddy Drying Plant*

1996 Golden Season Ricemill Design, Supply, Supervision of

Dadap, Luna, Isabela Installation & Commissioninv of 8.0

TPHand 6.0 TPH Continuous Flow

Paddy Drying Plant*

1995 Valiant Ricemill Design, Supply, Supervision of

Cabatuan, Isabela Installation & Commissioning of 8.0

TPH and 2 units x 6.0 TPH Continuous

Flow Paddy Drying Plant*

1995 Cagayan Corn Products Design, Supply, Installation and

Cagayan de Oro City Commissioning of 15.0 TPH (Output)

Grain Drying Plant (Outdoor) and Grain

Storage Silo with a capacity of 7,500

MT (Outdoor).

1995 Goodwill Commercial Design, Supply, Supervision of

Iloilo City Installation & Commissioning of 6.0

TPH Continuous Flow Paddy Drying

Plant*

1994 Mapalad Ricemill Design, Supply, Supervision of Cabatuan, Isabela Installation & Commissioning of 6.0

TPH Continuous Flow Paddy Drying Plant*

YEAR CUSTOMER PROJECT

SUPPLY

1994 Samson Hoy Ricemill Design, Supply, Supervision of

Colonia, Valencia Installation & Commissioning of 6.0TPH

Bukidnon Continuous Flow Paddy Drying Plant*

1994 CPU Enterprises Design, Supply, Supervision of

Tacurong, Sultan Kudarat Installation & Commissioning of 6.0 TPH Continuous Flow Paddy Drying Plant*

1994 The Integrated Jala-Jala Rural Design, Supply, Installation and

Development Project Commissioning of 4 x 5.0 TPD Paddy Jala-Jala, Rizal Drying Plant and 2.5 TPH Ricemilling

Plant*

1994 NERCO Agro-Industries Inc. Supply of 3.0 TPH Grading Plant for

Mabini, Santiago, Isabela Milled Rice

1993 P.G. Ang & Sons Supply of four units SCAFCO/

National Highway AMERICAN Stiffened Grain Storage

General Santos City Silo with a capacity of 1,000 MTons/Silo

1992 Bukidnon Socio-Economic Design, Supply, Commissioning & Civil

Development (BSEDF)/TLRC Works of a Processing Center Malaybalay, Bukidnon comprising of a drying plant with 2 units

x 5.0 TPH flow rate Grain Dryers and a

3.5 TPH Ricemilling Plant*

1992 NAFC-DRDAF Design, Supply, Installation and

Department of Agriculture Commissioning of 10.0 Tons

Pili, Camarines Sur Recirculating Dryer for paddy

1992 National Agricultural and Design, Supply & Commissioning of 2.5 Fishery Council (NAFC) TPH Multi-Pass Ricemill Department of Agriculture, San Dionisio, Iloilo

1992 F.S. Grain Miller Design, Supply & Commissioning of 6.0

Aglayan, Malaybalay TPH Continuous Flow Paddy/Corn

Bukidnon Drying Plant*

1991 Towers Feedmill Corp. Supply and Installation of 2units x1000

Lipa City, Batangas MT SCAFCO Grain Storage Silos

1991 ASEAN Food Handling Bureau Design, Supply, Installation and

Munoz, Nueva Ecija Commissioning of 4.0 TPH Continuous Flow Paddy Drying Plant* (Installed at NAPHIRE, Munoz, Nueva Ecija, Phil.)

1991 White House Milling Design, Supply, Installation Supervision Tiguma, Pagadian City Commissioning of 10.0 TPH

Continuous Flow Paddy Drying Plant*

YEAR CUSTOMER PROJECT

SUPPLY

1990 Pioneer Hybrid Agricultural Design, Supply, Installation and Technologies (PRAT) Commissioning of 2 units x 12.0 Tons

Calauan, Laguna per Batch EarCorn.Dryer

1990 Northern Philippines Grains Design, Supply, Installation,

Complex (NPGC)/ NATIONAL Commissioning and Training of 3 x 10.0

FOOD,AUTHORITY (NFA) TPH Paddy Dryer and 10,000 MT Paddy

Echague, Isabela Bulk Storage System Plant.

1990 Cagayan Valley Grains Center Design, Supply, Installation, and

Development(CVGCD)/ Commissioning of 7 units x 4.0 TPH

NATIONAL FOOD AUTHORITY Continuous Flow Paddy Drying and Bulk (NFA) Cagayan Valley Storage Plant for Paddy* Cagayan s

1989 Meralco Corporate Farm Design, Supply, Installation and

Management Corp. Commissioning of 2x4.0 TPH Paddy Balagtas, Bulacan Dehulling Plant and 5.0 TPH Polishing

plant.

1989 Ayala Agricultural Development Corn Hi-breed Seed Integrated

Corp. South Cotobato Processing Plant.

* - RICEHULL-FIRED FURNACE INSTALLED ON DRYERS

SEMINARS AND WORKSHOPS WHERE PADISCOR WAS INVITED TO PARTICIPATE

1. Workshop/Consultation Meeting for Biomass Supplier

Date : March 7, 1995

Venue : NCED, Fort Bonifacio, Makati City

Sponsor : NCED-DOE

Representative : Celestino E. Damian

Herminio H. Tormo

Michael Bite

2. Workshop on Philippine National Standard Specifications and Test Methods for Grain Dryers

Date : November 4-5, 1993

Venue : NAPHIRE, Munoz, Nueva Ecija

Sponsor : NAPHIRE

Representative : Herminio H. Tormo

3. Training Workshop on Postharvest Machinery and Manufacturing

Date : August 5-10, 1992

Venue : NAPHIRE, Munoz, Nueva Ecija

Sponsor : NAPHIRE

Representative : Joselito L. Nunez

4. Training Workshop on Designs and Selection of Biomass Boilers

Date : July 13-17, 1992

Sponsor : Asian Institute Technology/ EC ASEAN COGEN PROGRAMME Representative : Joselito L. Nunez

5. Training Workshop on Grain Cleaning and Separation

Date : February 23-225, 1992

Venue : Carter Day Int'I. Inc., Minneapolis, Minnesota, USA

Sponsor : Carter Day International Inc.

Representative : Joselito L. Nunez

6. National Workshop on Financing Energy Services for Small-Scale Energy Users

Date : July 29, 1991

Venue : STTC, UP Diliman, Quezon City

Sponsor : Office of Energy Affairs

Representative : Ernesto T. Tubon

7. National Seminar-Workshop on Postharvest Technology

Date : April 4-6, 1989

Venue : NAPHIRE, Munoz, Nueva Ecija

Sponsor : UPLB, NAPHIRE, PCAFRRD, & ASEAN Grain Postharvest Programme

Representative : Ernesto Tubon

Joaquin A. Tormo

8. National Seminar on "Grains Postharvest Technology for Agric’l Engineers"

Date : March 21, 1989

Venue : NAPHIRE Auditorium, Munoz, Nueva Ecija

Sponsor : Philippine Society of Agricultural Engineers & NAPHIRE Representative : Joaquin A. Tormo

9. National Symposium on Renewable Energy Technologies

Date : November 5-7, 1985

Venue : Manila Garden Hotel, Makati, Metro Manila

Sponsor : Bureau of Energy Development & US Agency for International

Development (USAID)

Representative : Candido B. Miguel, Jr.

Francisco E. Damian

10. Workshop on Wet Grain Handling

Date : January 24-27, 1984

Venue : Manila Garden Hotel, Makati, Metro Manila

Sponsor : Southeast Asia Cooperative Postharvest Research & Development Programme

Representative : Candido B. Miguel, Jr.

11. Workshop on Village Ricemilling

Date : September 29-30, 1983

Venue : Manila Garden Hotel, Makati, Metro Manila

Sponsor : Southeast Asia Cooperative Postharvest Research &

Development Programme

Representative : Candido B. Miguel, Jr.

12. Workshop on National Agricultural Engineering Research & Development Program 1985-1990

Date : October 6-7, 1983

Venue : PCARRD, Los Banos, Laguna, Phils.

Sponsor : Philippine Council for Agricultural &

Resources Research and Development (PCARRD) National

Postharvest Institute for Research and Extension (NAPHIRE) Representative : Joaquin A. Tormo

Francisco E. Damian

13. Rice Milling Workshop

Date : September 13-14, 1983

Venue : SEARCA Headquarters, Los Banos, Laguna

Sponsor : Southeast Asia Cooperative Post Harvest & Research

Development Programme

Representative : Candido B. Miguel, Jr.

14. Food Drying Workshop

Date : July 6-9, 1981

Venue : University of Alberta, Edmonton, Canada

Sponsor : International Development Research Center

Representative : Candido B. Miguel, Jr.

SEMINARSIWORKSHOPS WHERE PADISCOR WAS INVITED TO LECTURE OR PRESENT A TECHNICAL PAPER

1. Workshop on AGRI-TREND 96

Sponsor : Department of Agriculture

Topic : Recent Advances in Agricultural Drying Systems

Date : June 6-8, 1996

Venue : PTTC, Roxas Blvd.

Resource Person: Arnold R. Elepano

2. Workshop on Renewable Source of Energy

Sponsor : Energy Development & Utilization Foundation, In

Topic : Equipment Manufacturer

Date : October 26, 1993

Resource Person: Herminio H. Tormo

3. Seminar-Workshop for Rice Millers on Rice Hull Biomass Utilization for Power Generation

Sponsor : National Food Authority Confederation of Grains Association

EC ASEAN Cogen Programme through the Energy Dev't. & Utilization Foundation, Inc. (EDUFI)

Venues : SPGC, Tacurong, Sultan Kudarat, Iloilo City, and

Pili Camarines Sur

Topic : PADISCOR Technology, Product Lines and Air Suspended Cyclonic Furnace

Date : September 17, 20 & 23, 1993

Resource Person: Alfredo M. Tadaya

4. ASEAN Grains Postharvest Programme Training Course on Grains Postharvest Technology

Sponsor : ASEAN Grains Postharvest Programme

Venue : Holiday Inn, Manila, Philippines

Topic : PADISCOR Ricehusk Commercialized Grain Dryer

Date : November 5-8, 1991

Resource Person : Joselito L. Nunez & Vicente del Pilar

5. Training Course on Rice Postharvest, Marketing & Enterpreneurship

Sponsor : Philippine Business for Social Progress (PBSP) Center for Rural Technology Development (CRTD)

Venue : Social Development & Management Institute Training Hall, Calauan, Laguna

Topic : Small Scale Ricemills/Milling in Rural Areas in the Phil.

Date : June 21, 1989

Resource Person: Joaquin A. Tormo

6. Asian Productivity Organization Training Course on Postharvest Prevention of Paddy/Rice Loss

Sponsor : Productivity & Development Center (PDC), Development

Academy of the Philippines (DAP), Department of Agriculture (DA), Asian Productivity Organization (APO)

Venue : NAPHIRE, Munoz, Nueva Ecija

Topic : Management of Drying Systems

- Private Operations

- Government Operations

Date : April 27, 1989

Resource Persons: Ernesto T. Tubon & Joaquin A. Tormo

Topic : Fundamentals of Rice Milling Machines & Equipment

Date : April 28, 1989

Resource Person : Ernesto T. Tubon

Topic : Fundamentals of Rice Milling Machines & Equipment

Date : May 3, 1989

Resource Person : Joaquin A. Tormo

7. Nonconventional Energy Systems

Sponsor : Office for Energy Affairs (OEA - NCRD)

Venue : Philippine Center for Economic Dev. (PCED) Hostel,

UP Diliman, Quezon City

Topic : Design & Installation of Ricehull-Fired Furnace Systems

for Crop Drying

Date : December 8, 1988

Resource Person : Joaquin A. Tormo

8. Seminar Workshop on Postharvest Systems/Operations:Towards Product Quality & Work Efficiency:

Sponsor : NAPHIRE

Venue : NAPHIRE, Munoz, Nueva Ecija

Topic : Recent Advances in Postharvest Facilities Dev.

Dates : October 26, 1987 & May 9, 1988

Resource Person: Ernesto T. Tubon

9. National Symposium and Exhibition on Renewable Energy Technologies

Sponsor : Bureau of Energy Development (NCRD) Ministry of Energy

Venue : Manila Garden Hotel, Makati, Metro Manila

Topic : PADISCOR Installations of Agri-Waste Fired Grain Dryers:

Experience of Its Users

Date : November 5, 1985

Resource Person : Candido B. Miguel, Jr.

10. Workshop on Wet Grain Handling