Chevron Philippines Inc. (CPI), marketer of the Caltex brand of top-quality fuels, lubricants and petroleum products, recently undertook live fuel marking at its import terminal in San Pascual, Batangas.
The fuel marking, held last November 11, 2019 and witnessed by officials from the Bureau of Customs (BOC) and representatives from the company and fuel marker consortium, SICPA SA –SGS Philippines, made CPI the first among the Big 3 oil companies to comply with the government’s fuel marking requirement. This aims to curb oil smuggling in the country by placing a molecular marker on imported, manufactured and refined fuel products namely, gasoline, diesel, and kerosene.
“CPI supports the government’s initiative to curb fuel smuggling through this fuel marking program. We hope that this program will level the playing field among the industry participants and ensure that all oil companies pay the correct taxes and help build the nation,” CPI Country Chairman Louie Zhang said.
Following the recent completion of the implementing rules and regulations for the FMP, gasoline, diesel and kerosene will be tested for compliance with the prescribed dilution level, whether at the refinery, terminal or retail sites.
About Chevron Philippines Inc.
Chevron Philippines Inc. has been operating in the country for more than 90 years. Caltex™, its retail brand, offers high quality products and services. There are close to 600 service stations strategically scattered throughout the Philippine archipelago and employees working in several areas of business such as Marketing, Lubricants and Terminal operations. The Chevron products that are available in the Philippines include Caltex with Techron® fuel and Caltex Diesel with Techron®D, Havoline® and Delo® oils. More information on Chevron Philippines Inc. is available at www.caltex.com/ph.