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Mariwasa stopped trading in the stock exchange in December 1999, decided to close its main tile manufacturing plant in 2001 in Rosario, Pasig, [7] and defaulted in 2003. Mariwas took a $14.5 million loan from the International Finance Corporation in 1999 as part of a restructuring of Mariwasa's financing and operations.
At its peak in 2007, the Philkeram Johnson Group employed 400 people, had annual revenues of €55 million and an annual production of 4.5m sq.m. of ceramic tiles, with ~30% of production exported to 29 countries. It had ~10% domestic market share in Greece & Cyprus (~50% for pool tiles) and ~40% aided brand awareness.
Vitrified tile is a ceramic tile with very low porosity. [1] It is an alternative to marble and granite flooring. Vitrified tiles are often used outdoors due to their water and frost resistance. There are four types of Vitrified tiles - Soluble salt, Double charge, Full Body, and Glazed.
The ISO 13006 defines a "porcelain tile" as a "fully vitrified tile with water absorption less than or equal to 0.5%, belonging to groups AIa and BIa (of ISO 13006).". [19] The ANSI defines as "a ceramic tile that has 'a water absorption of 0.5%' or less.” It is made generally by the pressed or extruded method."
Travertine is a durable, low-porous stone that stays cool in direct sunlight, making it a popular choice for pool-sides, patios, walkways and outdoor entertainment areas. Travertine is salt tolerant and has a low sunlight reflection. Granite pavers have high integral strength and density making it easy to maintain and hard-wearing in outdoor use.
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