Saturday 20 Apr 2024
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KUALA LUMPUR (Mar 17): Petron Malaysia Refining & Marketing Bhd’s investment in the country is expected to reach over US$1 billion (RM3.69 billion) in the next few years.

 
These will come via the continuous network expansion programmes and upgrades to its 88,000 barrel-per-day Port Dickson Refinery, the service station provider said in a statement today.
 
According to the subsidiary of Philippines-based Petron Corp, it has successfully completed the rebranding and upgrading programme for its extensive retail network nationwide.
 
It said more than 550 of its service stations, formerly Esso and Mobil, now carry Petron’s distinct red and blue colours complete with upgraded facilities.
 
“Barely three years since we entered the highly-competitive Malaysian market, we mark a significant milestone with the completion of our reimaging program ahead of schedule.
 
“This lays the foundation for our further expansion in the Malaysian market,” said Petron Malaysia chairman Ramon S. Ang.
 
Petron Malaysia’s brand overhaul and upgrade works started on April 2, 2012 upon the acquisition of ExxonMobil’s downstream business.

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