Unioil to continue expansion despite global crisis

Unioil Petroleum Philippines Inc., one of the country’s leading independent oil players, is optimistic that it will continue to implement its expansion plan for this year despite the global financial crisis.

UPPI general manager Luisito Medina-Cue Jr. said they are in fact planning to put up more stations this year.

“On top of the two stations currently under construction, Unioil is targeting six more sites in Manila, Cainta, Pasig, Makati and Pasay cities for the initial expansion program this year,” Cue said.

The two stations undergoing constructions are located in Caloocan and Quezon City.

Cue said the company has recently upgraded the facilities of its refueling station located at Regalado Avenue prior to the re-opening of the said site this coming March under its new management.

The UPPI official said that the move is intended to improve customer service of Unioil’s Regalado station and to exclusively supply the dealers with Unioil lubricant products.

The construction of additional service stations and upgrading of existing facilities, he said, is also part of Unioil’s business opportunity program.

He said the expansion program is a testament to Unioil’s growing financial and technical capability.

“Despite the current crisis, there are business opportunities and while everybody is slowing down, Unioil will pursue its expansion plan and will build more stations this year,” Cue said.

Cue said they are currently looking for more sites in Metro Manila to put up service stations where motorists can buy inexpensive yet high-quality petroleum products.