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Petron Corporation Philippines
Welcome to the largest oil company in the Philippines,
Petron Corporation
Mission-Vision and Values
To be the leading provider of total customer solutions in the energy sector and its derivative businesses. We will achieve this by:
• Being an integral part of our customers' lives, delivering consistent customer experience through innovative products and services;
• Developing strategic partnership in pursuit of growth and opportunity;
Mission-Vision and Values
• Leveraging our refining assets to achieve competitive advantage;
• Fostering an entrepreneurial culture that encourages teamwork, innovation and excellence;
• Caring for community and the environment;
• Conducting ourselves with professionalism, integrity and fairness;
• Promoting the best interest of all our stakeholders.
Corporate EvolutionPetron Corporation's over 75 years of
existence in the Philippines is a further testament to its commitment to providing quality products and services. Date
September 3, 1933
the Socony Vacuum Oil Company of New York and the Standard Oil Company of New Jersey formed the Standard Vacuum Oil Company (Stanvac).
1960s End of venture and split the marketing and refining interests of the company between Esso and Mobil.
Corporate Evolution
Date
February 3, 1994
PNOC and Aramco Overseas Company BV signed a share purchase agreement that gave both a 40% stake in Petron. The remaining 20% of Petron shares were sold to the public.
May 2008 the Ashmore Group acquired Aramco’s 40% stake in Petron. Following a mandatory tender offer, an additional 10.57% was acquired by the London-based fund.
Management Profile
Ramon S. Ang
Chairman and CEO
Eric O. Recto
President
Emmanuel E. Eraña
Senior Vice President and Chief Financial Officer
Ramon V. Del Rosario
Vice President, Retail Marketing
Management
ProfileMiguel V. AngelesVice President, Commercial
Marketing
Rowena O. CortezVice President, Supply
Peter Paul V. ShotwellVice President, Depot and
Plant
Operations
Susan Y. YuVice President, Procurement
Management
ProfileFreddie P. Yumang
Vice President, Refinery
Ma. Concepcion M. Menorca
Vice President, Controllers
Albert S. Sarte
Vice President, Treasurer
Industrial Profile
PETRON CORPORATION is the largest oil refining and
marketing company in the Philippines. Supplying nearly
40%of the country’s oil requirements.
Industrial Profile
We operate a refinery in Limay, Bataan.
From the refinery, we move our products mainly by sea to our 32
depots and terminaland distribute the products to
consumers through over1,400 service station situated all
over the country.
Industrial Profile
Petron operates a world-class lube oil blending plant at
PandacanTerminal and operates a blending plant in Subic Bay
Pandacan plant: manufacture lubes and greases
Subic Bay plant: produces fuel additives to increase the
efficiency of our widely-acclaimed fuels
Industrial Profile
Fuel Journey
• Fuels
• Automotive Engine Oils
• Automotive Gear and Transmission
• Aftermarket Specialty
• Greases
• Special Product
Industrial Profile
Product line up
Regular Unleaded
Turbo Diesel
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Industrial ProfileProduct line up
2T Autolube Rev-X HD Series
2T EnviroSprint 4T
2T Powerburn STM
2T Premium UltronRace
Petron Motor OilUltronRallye
Rev-X All TerrainUltronTouring
Rev-X Trekker Ultron Extra
Rev-X Hauler Series
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Industrial ProfileProduct line up
Petron ATF Premium
Petron GEP
Petron GSP
Petron GX
Petron TF 38
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Industrial ProfileProduct line up
PETROMATE:
Brake ad Clutch Fluid Oil Saver
Clean n Shine Car ShampooPenetrating Oil
Diesel Power Booster Engine Flush
Gas SaverGreaseaway
Oil Improver Super Coolant
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Industrial ProfileProduct line up
Molygrease EP2
Molygrease Premium
Petrogrease XX
Petrogrease MP
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Industrial ProfileProduct line up
PETRON Autokote
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Vertical Analysis
Financial Statement
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Vertical Analysis
• Income statement
Horizontal Analysis
Financial Statement
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Horizontal Analysis
Income Statement
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