Seaoil to open SCTEx service station by Q4; posts P1-B profit
SEAOIL Philippines, Inc. expects its first ?mega-station?, located along the Subic-Clark-Tarlac Expressway (SCTEx), to be fully operational by the last quarter of 2016.
?The Seaoil SCTEx mega station will be the company?s banner station that will greatly improve our brand presence. It is also an opportunity to serve more motorists, especially those traveling from northern provinces and cities like Baguio,? Mark L. Yu, Seaoil president for retail business and chief financial officer, said in a media briefing on Wednesday evening.
The country?s largest independent fuel player teamed up with CityMall Commercial Centers, Inc., the mall development arm of Double Dragon Property Corp., for the service station located on the south-bound side of the Clark-Tarlac segment in Concepcion, Tarlac.
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