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The Wellex Industries Incorporated believes in strong partnerships. Thus, we are constantly in search of companies who share our vision and with whom we can develop the opportunities that the Philippines has to offer.

35th Floor, One Corporate Center
Julia Vargas Ave. corner Meralco Ave.
Ortigas Center, Pasig City, Philippines 1605

Telephone:  (632) 706-7888
Facsimile:    (632) 706-5982
                 (632) 706-5980



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Telephone : (632) 706-7888

Facsimile  : (632) 706-5982

                   (632) 706-5980



35th Floor, One Corporate Center

Julia Vargas Ave. corner Meralco Ave.

Ortigas Center, Pasig City, Philippines 1605

Press Materials / News

Wellex pins growth on old plastic factory's land dev't

by VG Cabuag, BusinessMirror

Posted at Sep 09 2014 11:34 PM | Updated as of Sep 10 2014 07:34 AM

MANILA, Philippines - Gatchalian-led Wellex Industries Corp. on Tuesday said the company’s growth relies on the development of its former plastic manufacturing facility in Valenzuela.

Wellex President Kenneth Gatchalian said the company is still working on the master plan of a mixed-use development of portion of its facility called Plastic City, more than a year and a half after it signed a joint-venture agreement with Ayala Land Inc. in late 2012. “It’ll be one of the prime development there in the north. It’ll be one of the pioneer developments there,” Gatchalian said.

“We have other properties for development as well but this is what we’re eyeing right now,” he added.

Wellex will contribute some 16.7 hectares of land in its 50-hectare Plastic City in Canumay, Valenzuela, while Ayala Land’s middle-segment brand Avida Corp. will develop the property that, according to Gatchalian, will include an office, residential and commercial components.

He declined to say how much the said development will contribute to the revenues of Wellex, which has been reporting net loss over the past years. Wellex reported in 2011 a net loss of P27.81 million, a much wider loss in 2012 at P436.69 million and another loss of P107.86 million last year. The company was known for plastic manufacturing up until the new millennium.

Wellex exited the plastic business in 2002 after it shut down its Plastic City Industrial Corp. and leased the whole complex for warehousing purposes.

Gatchalian-led Wellex shifting to real estate

By Zinnia B. Dela Peña 

(The Philippine Star) | Updated September 14, 2012 - 12:00am

MANILA, Philippines - Gatchalian-led Wellex Industries Inc. is realigning its business and shifting focus from mining to real estate development to unlock the value of the 60-hectare Plastic City estate in Valenzuela City amid a resurgent property market. (read more)   

Wellex Industries to sell assets to boost liquidity
By: Surigaonon Ako
November 20, 2008 8:48 AM

The Gatchalian-led Wellex Industries Inc. is planning to sell some assets to raise funds and enhance liquidity in preparation for a more difficult business environment next year. (read more)

Wellex to finance reopening of plant
October 27, 2006 12:10am
By RUBY ANNE M. RUBIO, Business World Reporter

Gatchalian-led Wellex Industries, Inc. will earmark P50 million in working capital as wholly owned subsidiary Plastic City Industrial Corp. (PCIC) resumes operations in the second semester of 2007, president Elvira A. Ting said Thursday. (read more)

Wellex, PDCP Bank eye Net Link

By Conrado Diaz Jr.  | Updated March 17, 2000 - 12:00am

Change your game, change your name.

At least two more publicly listed companies are planning to change their
corporate names to complement the shift in the nature of their business toward
the Internet. (
read more)