MAGNA Prime Chemical Technologies, Inc. (Magna Prime) is a Filipino-owned company leading the construction chemical industry in the Philippines with innovative and sustainable products.
Led by Derrick Tan, it includes three brands: Buildrite Construction Chemicals, Sinclair Paint, and Max Bond Adhesive Solutions.
Starting as a small tire battery and lubricant distributor in 2001, Magna Prime now offers a wide range of products like waterproofing, concrete flooring, and coatings. Their marketing campaign “Magtanong Para Sigurado” focuses on empowering individuals with knowledge through online seminars and social media.
Tan recently won the Outstanding Achievement in Entrepreneurship Award at the 42nd Agora Awards. This reflects Magna Prime’s commitment to innovative marketing, effective execution, and social responsibility.
“At Magna Prime, we believe that leadership is servanthood, and humility is the beginning of wisdom. We hold the conviction that by sharing the right industry practices, we make everyone a winner. Regardless of competition, as long as we prioritize innovation and education, we are not only striving to earn more but also contributing to the growth of the industry, our communities, and our country,” said Tan, who is the founder, president, and chief executive officer of Magna Prime.
Magna Prime values its “LAKBAYANIHAN” culture, emphasizing faith, family, and honorable work. Tan sees leadership as servitude, driving innovation and resilience.
During the pandemic, Magna Prime’s “Magtanong Para Sigurado” campaign helped people find the right construction products. With nearly 500 employees, the company continues to grow and innovate.
Tan emphasized the importance of servant leadership and humility, urging leaders to listen more and talk less.
Magna Prime focuses on sustainability and global collaboration, aiming to raise industry standards. They’re launching a learning hub and expanding educational programs to benefit the construction industry.
Tan concluded that their goal is to provide practical education aligned with industry needs, contributing positively to the industry, the country, and the planet.
