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Petron Corp

Ramon S. Ang , 65

President, CEO & Executive Director
,

All data provided by

241
Philippines
Asia/Pacific Rim
$6429 mil
$8266 mil
$153 mil
3%
-3.4%
Company data as of 10/24/2018 provided by S&P Global Market Intelligence

Petron Corporation operates as an oil refining and marketing company in the Philippines and internationally. It engages in importing, transporting, trading, marketing, distributing, and retailing petroleum and related products; refining, distilling, and manufacturing various petroleum products, oil, gas, and other vehicle substances. The company sells liquefied petroleum gas (LPG), naphtha, gasoline, diesel, jet fuel, kerosene, and asphalts; petrochemicals, such as benzene, toluene, mixed xylene, propylene, and polypropylene; low sulfur waxy residues; and lubricants and grease. It also operates service stations, including forecourts, quick-service restaurants, and locator chains; and provides insurance services. The company sells its products through a network of approximately 2,400 service stations; LPG dealerships; and lube outlets. It serves households and commercial consumers, motorists and public transport sector, mini-stations, power plants, and various industrial customers, as well as manufacturing, plantation, transportation, and construction sectors. Petron Corporation also exports its products. The company was formerly known as Petrophil Corporation and changed its name to Petron Corporation in February 1988. Petron Corporation was founded in 1933 and is based in Mandaluyong, the Philippines. Petron Corporation is a subsidiary of SEA Refinery Corporation.
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