MANILA, Philippines - Despite the financial crunch, Unioil Petroleum Philippines Inc. has committed to expand its retails network this year.
Unioil general manager Luisito Medina-Cue said they would open two more service and retail stations located at strategic in Quezon City and Caloocan.
He said the new stations form part of the company’s expansion program that also involves the upgrading of existing facilities in Metro Manila and nearby provinces.
“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.
The opening of the two stations would enable Unioil to reach more customers and provide them with affordable yet quality petroleum products, he said.
Cue added that they are currently looking for additional sites in Metro Manila and nearby provinces to put up similar facilities.
“On top of the two stations currently under construction, Unioil is targeting six more sites in Manila, Cainta, Pasig, Las Piñas, Makati and Pasay for the initial expansion program this year,” he added.
The company has 40 existing stations nationwide.
The construction of additional service stations and upgrading of existing facilities is part of Unioil’s P90 million-expansion program started last year.
Cue said the expansion program is a testament to Unioil’s growing financial and technical capability considering that it started in 1966 as a “recycling” plant engaged in refining used engine oil.
He 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.