Business Operations

The Company’s controlling stake in Basic Environmental Systems Technologies, Inc. (BEST) continues to provide a growing stream of revenues and income. In the next several years, therefore the Company intends to focus on growing BEST through the expansion of its municipal solid waste contracting business and establishment of additional facilities for the processing and conversion of solid waste into alternative fuel for the cement and power generation industries.  

Our Company​

IPM Holdings, Inc. (IPM), formerly Minerales Industrias Corporation (MIC), was originally incorporated on August 31, 1995 under the name Armstrong Holdings Corporation as a company primarily engaged in the business of investment in real and personal property of every kind and description; and in the management of any business, joint venture firm, partnership, corporation, institution or entity. On November 25, 2015, the Securities and Exchange Commission approved the change in the Company's name to the present one.

Press

MANILA, Philippines—A waste management firm has completed the purchase of P500 million worth of shares of Minerales Industrias Corp. (MIC), giving the listed firm fresh funds to pursue its conversion into a holding company that will process solid wastes to produce alternative fuel for manufacturing firms and waste-to-energy projects.

The IPM Group of Companies—which owns and operates the Quezon City Engineered Sanitary Landfill—subscribed to P500 million worth of shares of MIC, taken out of the increase in its capital stock... (Philippine Daily Inquirer | March 13, 2013)