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Tuesday, July 29, 2008

 

Unioil to expand retail network


UNIOIL Petroleum Philippines Inc. plans to put up additional retail stations in Metro Manila as part of its expansion this year.

Luisito Medina-Cue Jr., Unioil general manager, told reporters that the company is allocating around P60 million to P90 million for the construction of six service stations.

“We’re looking at six more additional stations this year,” he said, on top of Unioil’s current 40, most of which are located in Luzon.

Medina-Cue said the company started construction of two stations along Edsa in Caloocan City and along Banawe in Quezon City. The other stations will be put up in the cities of Las Piñas, Makati and Pasay.

Unioil is engaged in retail, the marketing and blending of lubricants, oil trading, terminal operations, and most recently, the marketing of bitumen or asphalt.

It is the sister company of Oillink International Corp. whose oil depot in Mariveles, Bataan, accounts for about 12 percent of the country’s total fuel requirements.

The facility services the supply needs of over 500 refilling stations across the country that are mostly run by small oil companies.

Unioil also owns modern storage and handling facilities in Lucanin, Bataan, and petroleum storage facilities in Sta. Ana, Manila, with a one million-barrel capacity. The company began expanding the facility to increase its capacity to 1.5 million barrels in anticipation of a hike in demand.
--Euan Paulo C. Añonuevo 

  
 

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