Our Business Incorporated on September 13, 1963, Steniel Manufacturing Corporation (STN) and its subsidiaries are engaged in the manufacture of industrial packaging materials, with revenues coming from the sale of corrugated boards and boxes. STN's other sources of revenues are derived from rental income from certain properties that are leased to third parties. On December 27, 2013, the Company sold its 100% ownership, equivalent to 9.25 million shares, in Steniel Mindanao Packaging Corporation. STN's current subsidiaries are Steniel Cavite Packaging Corporation and Treasure Packaging Corporation, which are located in Cavite and Cebu, respectively. Each of the operating subsidiaries is individually responsible for sales and marketing activities directed at their regional customers. Mission, Vision and Values Mission Statement Steniel Manufacturing Corporation is committed to actively participate in nation building through sustainable developments in the packaging business. We will do this by sustaining our globally competitiveness while maintaining standard world class quality of our service, people, processes, technology and products. In this endeavor, we are committed to working with the highest standards of ethics in a teamlike manner, bringing credit to our shareholders, to our community and to ourselves. Vision Statement The Packaging solution provider preferred by customers, admired by industry players and valued as a responsible employer. Value Statement We are dedicated to the vision of the company and are determined to achieve its mission and objectives. We nurture loyalty and integrity amongst our people and practice fairness in all our business dealings. Fairness, Integrity, Loyalty, Dedication and Determination in everything we do is STENIEL's way of life.