New Sea oil gasoline has highest octane level

MANILA, Philippines – Seaoil Philippines Inc., the country’s largest independent oil player, launched yesterday Extreme 97, a new gasoline product that has the highest octane level available in the local market today.

Glenn Yu, Seaoil president and CEO, said they would be upgrading all their existing premium gasoline products and replace them with this new product.

The roll out of the new product will begin in its 41 stations in Metro Manila and eventually will be offered to the company’s more than 100 retail outlets all over the country.

The company, he said, had spent P10 million for research and development alone for Extreme 97, including extensive product testing over two years.

Extreme 97 has a 97+ octane rating, providing engines the opportunity to operate at maximum output thus improving combustion and reducing engine wear. In addition, higher octane translates to increased horsepower and better burning characteristics.

The highest octane currently being offered in Asia is in Singapore with a 98 octane level.

He said the introduction of the new product will help the company attain its sales growth target this year of between 40-50 percent. 

Considered as a pioneering independent oil company in the country, Seaoil has taken a substantial four percent share of the highly-competitive market in terms of sales volume and retail network.