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    Shell Comprofile Map

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    Pilipinas Shell traces its roots back to 1914 and has grown to become a leading oil refining and marketing business in the Philippines. Its vision is to be the most admired and trusted company that powers progress for Filipinos through high-quality energy products and services. Key dates in its history include starting operations at its Tabangao Refinery in 1962 with 30,000 barrels per day capacity, increasing this to 110,000 barrels per day in 1995, and completing an upgrade of the Tabangao Refinery in 2015.

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    Shell Comprofile Map

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    Pilipinas Shell traces its roots back to 1914 and has grown to become a leading oil refining and marketing business in the Philippines. Its vision is to be the most admired and trusted company that powers progress for Filipinos through high-quality energy products and services. Key dates in its history include starting operations at its Tabangao Refinery in 1962 with 30,000 barrels per day capacity, increasing this to 110,000 barrels per day in 1995, and completing an upgrade of the Tabangao Refinery in 2015.

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    Pilipinas Shell traces its roots back to 1914 and has grown to become a leading oil refining and marketing business in the Philippines. Its vision is to be the most admired and trusted company that powers progress for Filipinos through high-quality energy products and services. Key dates in its history include starting operations at its Tabangao Refinery in 1962 with 30,000 barrels per day capacity, increasing this to 110,000 barrels per day in 1995, and completing an upgrade of the Tabangao Refinery in 2015.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    255 views4 pages

    Shell Comprofile Map

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    Pilipinas Shell traces its roots back to 1914 and has grown to become a leading oil refining and marketing business in the Philippines. Its vision is to be the most admired and trusted company that powers progress for Filipinos through high-quality energy products and services. Key dates in its history include starting operations at its Tabangao Refinery in 1962 with 30,000 barrels per day capacity, increasing this to 110,000 barrels per day in 1995, and completing an upgrade of the Tabangao Refinery in 2015.

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    Company Profile

    PILIPINAS SHELL CORPORATION TABANGAE REFINERY

    Pilipinas Shell traces its roots to Asiatic Petroleum Company (Philippine Islands)
    Ltd. in the Philippines back since 1914, and has grown to become one of the leading oil
    refining and marketing businesses in the Philippines.

    VISION

    To be the most admired and trusted company that powers progress for the
    Filipino through high-quality energy products & services.

    MISSION STATEMENTS

     We delight our Customers with high quality fuels, lubricants & specialties,
    and best-in-class technical & convenience services.
     We attract and retain the best Employees through very competitive
    remuneration and growth opportunities.
     We engage the most professional Business Partners in long-term and
    mutually-beneficial relationships.
     We partner with Government and Communities in promoting social
    investments and advocacies that contribute to national development.
     We deliver consistent, attractive and increasing returns for
    our Shareholders through operational excellence, superior value
    propositions and strong corporate governance.

    VALUES

    Honesty, Integrity, Respect, Care, Humility, Commitment

    CORPORATE HISTORY AND MILESTONES

    Pilipinas Shell traces its roots to Asiatic Petroleum Company (Philippine


    Islands), Ltd. which opened for business in the Philippines and began to import
    and sell motor gasoline and kerosene in 1914. Asiatic Petroleum Company
    (Philippine Islands) Ltd. was renamed The Shell Company of the Philippine
    Islands, Ltd. in the 1940s.

    In 1959, Pilipinas Shell was incorporated under the name The Shell
    Refining Company (Philippines), Inc. in compliance with the then required
    percentage of Filipino ownership (25%) in large industrial ventures. In 1970,
    Pilipinas Shell was renamed Shell Philippines, Inc. and was later renamed
    Pilipinas Shell Petroleum Corporation in 1973.

    In 1976, Meralco Securities Corporation acquired 25% stake in the


    Company resulting in the Company being 50% owned.

    In February 1987, the Filipino ownership in the Company decreased to


    33.33% after a share buyback by the Company of Meralco Securities Corporation’s
    stake in the Company. In August 2015, the Filipino ownership in the Company
    decreased to 31.82% following the issuance of additional shares pursuant to a
    stock rights offering.

    Certain key dates and milestones for Pilipinas Shell’s business are set forth below.

    1960 : The Company began the construction of a crude oil refinery in Tabangao,
    Batangas.

    1962 :The Tabangao Refinery commenced commercial operations with a


    nameplate capacity of 30,000 bpd.

    1982 : The Company began to partner with the Pilipinas Shell Foundation, Inc. or
    the PSFI on programs relating to (i) healthcare and services, sanitation, and safety,
    (ii) technical, vocational and agricultural skills development, training and
    employment, (iii) livelihood and entrepreneurship development, (iv) leadership
    enhancement and attitude development, and (v) environmental stewardship.

    1993 : The Company commenced the construction of a bigger and more modern
    Tabangao Refinery. The primary purpose of the construction was to replace two
    crude distillers built in 1960.

    1995 : The nameplate capacity of the Tabangao Refinery increased to 110,000


    bpd.

    1999 : The Shell Philippine Petroleum Corporation (“SPPC”), the Philippines only
    lube oil refinery, was merged with and absorbed by the Company. SPPC was
    formerly the Philippine Petroleum Corporation, the majority stake of which was
    acquired by the Shell Group in 1986.

    2003 : The Company opened a bitumen storage and distribution facility in


    Villanueva, Misamis Oriental.
    2008 : The Company inaugurated its Bitumen Solutions Center at the Tabangao
    Refinery.

    2012 : The Tabangao Refinery celebrated its 50th year.

    The Company launched three new premium performance fuels, namely,


    Shell V-Power Nitro + Gasoline, Shell V-Power Nitro + Racing and Shell V-Power
    Nitro + Diesel.

    2014 : The Company began the construction of the North Mindanao Import Facility
    (“NMIF”).

    2015 : The Company completed the upgrade of the Tabangao Refinery.

    2016 : The NMIF commenced commercial operations by sending out its first
    shipment.
    Location Map

    PILIPINAS SHELL CORPORATION TABANGAE REFINERY

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