Caltex Philippines shows strong retail network growth in 2018

Caltex Philippines retail network growth

It was a positive 2018 for Caltex Philippines with a nationwide retail network of over 600 stations. Chevron Philippines Inc. (CPI) reported a growth of 29 new service stations last year, averaging two openings per month.

The expansion included key growth areas such as in southern and northern Luzon, Palawan in Visayas, as well as in Cagayan de Oro in Mindanao. Also, the growth made Euro 4-compliant fuels more accessible to Filipino drivers. CPI also made sure that the expansion satisfies not only the demand for convenience but also personal needs with 7-Eleven convenience stores at most sites.

“This steady growth in our retail expansion efforts across the country is a testament to our determination to rise above the challenges and to bring high-quality, Euro 4-compliant fuels to more Filipinos. We have also managed to cater to motorists’ other needs by giving priority to convenience shops and tying up with non-fuel brands to offer more goods and services as part of our value proposal.”

Louie Zhang
CPI Country Chairman

The growth in the number of networks is considered by CPI as a hard-earned milestone despite the challenges oil companies experienced in 2018, such as the fuel excise tax due to the Tax Reform for Acceleration and Inclusion (TRAIN) law. Global economic activities, such as developments in the Middle East and inflation in certain parts of the world also caused a backlash to local oil companies.

Related: Euro 4, what does it mean and why do we need it?

Caltex continuously provides Filipinos with services despite the market fluctuations. Efforts and initiatives such as PUV discount lanes, fuel rebates through loyalty promos, and its support to the Department of Energy’s Pantawid Pasada Program are only two of the many services Caltex offers its customers. The company even went as far as providing public high school students with modern learning tools.

Find the nearest Caltex station through the Caltex Locator app. You can download it from Google Play and the Apple App Store.