Shell prepares for Philippines infrastructure boom

Pilipinas Shell is investing around US$13 million in a new bitumen production facility in Tabangao, Batangas. With President Rodrigo Duterte’s administration planning to spend P8.2 trillion on infrastructure during his six-year term, Shell wants to be ready to participate fully. "In terms of target market, for the moment, we are actually in a good position because we are about 50% of the bitumen market in the Philippines already. We aim to continue to increase that," said Pilipinas Shell’s president and CEO
December 18, 2017 Read time: 1 min

Pilipinas Shell is investing around US$13 million in a new bitumen production facility in Tabangao, Batangas. With President Rodrigo Duterte’s administration planning to spend P8.2 trillion on infrastructure during his six-year term, Shell wants to be ready to participate fully.

"In terms of target market, for the moment, we are actually in a good position because we are about 50% of the bitumen market in the Philippines already. We aim to continue to increase that," said Pilipinas Shell’s president and CEO Cesar Romero. The new facility is expected to open in the first quarter of 2018.

Materials

Related Content

  • Cemex's Philippines projects
    July 1, 2013
    Cemex in the Philippines is providing cement for the Millennium Road Project. This is part of a US$214million infrastructure package that will connect 15 municipalities in Samar, a province located in the country’s Eastern Visayas region. Phase one is expected to reach completion by November 2013. Cemex’s APO cement plant, which is situated strategically in the Visayas, will supply the required materials via its jetty port, considered the most modern facility of its type in the country to date. The project
    Read More
  • Wacker Neuson sees strong future for sales
    April 24, 2018
    Wacker Neuson is seeing strong financial performance as demand for construction machines continues to improve. While expanding production worldwide, the company is also making a strong investment in research and development, for refining products and designing new models. CEO Martin Lehner said: “We want to focus on innovation. This is what drives us forward. There are two main points for us on products, one is zero emissions and another is on digitalisation.” The company has been heavily reliant on the
    Read More
  • Caterpillar’s strong financial performance for 2017
    January 26, 2018
    Caterpillar has announced strong fourth-quarter and full-year results for 2017. Sales and revenues in the fourth quarter of 2017 were US$12.9 billion, compared with $9.6 billion in the fourth quarter of 2016. Fourth-quarter 2017 loss was $2.18/share, compared with a loss of $2/share in the fourth quarter of 2016.
    Read More
  • Cheaper, greener and less smelly; it’s all about the additives
    August 20, 2015
    The demand for bitumen additives is set to increase. Kristina Smith reports on some of the companies who are preparing to meet that increased demand. The variation in quality and composition of bitumen around the world is something that has been well-documented in these pages. Processing technologies for crude oil are changing, the way bitumen is traded is changing, and the final result can be a product that may not be all it seems – or huge variations from one shipment to another. Help is at hand, however,
    Read More

Highlighted Content