Philippines: Petron Opens Fuel Additives Blending Plant
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Friday, 21 November 2008 |
This month Petron Corporation inaugurated one of the first fuel
additives blending plant in the Asia-Pacific region at the Subic Bay
Freeport Zone.
The plant has the capacity to blend 12,000 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. In line with an agreement signed in 2006, Petron constructed and will operate the plant to serve the requirements of Innospec’s customers in the region, including those of Petron. Traditionally, Innospec products used in Asia were sourced from Europe. Roughly 80% of the facility’s production will be exported to the Asia-Pacific region while the rest will be exclusively used by Petron for its world class fuels -- Blaze, XCS, Xtra Unleaded, E10 Premium and DieselMax.
PetrolWorld 201108
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