Products and Services
The company's ISO-14001-certified refinery processes crude oil into a full range of petroleum products, including LPG, gasoline, diesel, jet fuel, kerosene, industrial fuel oil, solvents, asphalts and mixed xylene.
With their ISO-9000/2000-certified lube oil blending plant, they are also able to produce mechanical lubricants and grease. These products are also sold through service stations and sales centers, and directly to industrial customers.
Through their nationwide network, they supply fuel oil, diesel, and LPG to various industrial customers. Petron's largest client is in the power sector.
They also supply jet fuel at key airports to international and domestic carriers.
Through more than 1,200 service stations, they retail gasoline, diesel and kerosene to motorists and public transport operators. They also sell their LPG brand Gasul to households and other consumers through an extensive dealership network.
Petron is expanding to non-fuels businesses which include convenience store brand “Treats.” They have partnered with major fast-food chains, coffee shops, and other consumer services to give customers a one-stop full service experience. They are also putting up additional company-owned and operated service stations in strategic locations.
Petron also opened its first fuel additives blending plant in the Asia-Pacific region at the Subic Bay Freeport Zone in November 2008.
The plant has the capacity to blend 12,000 metric tons (MT) of fuel additives per year. When used in gasoline, diesel, or fuel oil, fuel additives improve efficiency, boost engine performance, and benefit the environment by reducing harmful emissions.
The facility was constructed in partnership with Innospec, a leading global fuel additives supplier, based on an agreement forged in 2006. As part of the agreement, Petron constructed and operated the plant to serve the requirements of Innospec’s customers in the region, including Petron.
Traditionally, Innospec products used in Asia have been sourced from Europe.
Petron and Innospec have been fuel-technology partners since 1995, producing premium fuel products. Beyond this partnership, Innospec said it chose Petron for its strong technical capability in blending and quality control, customer service and proven integrity when it comes to safeguarding Innospec’s proprietary formulations.
In April 2008, Petron also commissioned the country’s first petrochemical feedstock units, namely, the Petro Fluidized Catalytic Cracking (PetroFCC) unit and a Propylene Recovery Unit (PRU) at its 180,000-barrel (29,000 m3)-per-day Bataan refinery.
The PetroFCC, the first “cracking” unit of its kind in the world, converts black products (fuel oil) into higher-value LPG, gasoline, and diesel, and yields a higher level of the petrochemical feedstock propylene than typical FCC units.
The PRU further purifies the propylene so that it can be used in making various petrochemical products that are used to manufacture everyday items such as food packaging, appliances, suitcases, furniture, DVDs and even car parts.
Read more about this topic: Petron Corporation
Famous quotes containing the words products and/or services:
“Isnt it odd that networks accept billions of dollars from advertisers to teach people to use products and then proclaim that children arent learning about violence from their steady diet of it on television!”
—Toni Liebman (20th century)
“We now in the United States have more security guards for the rich than we have police services for the poor districts. If youre looking for personal security, far better to move to the suburbs than to pay taxes in New York.”
—John Kenneth Galbraith (b. 1908)