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PCOR pumps out Euro IV-compliant fuels ahead of government mandate

08 Jun

Petron Corporation (PCOR) has started producing Euro IV-compliant gasoline products, which are now available in its service stations in Mega Manila. The Euro IV-compliant fuel will soon be available in all Petron service stations nationwide, ahead of the government’s Jan. 1, 2016 mandatory schedule.

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The Euro IV standard is a globally accepted European emission benchmark for vehicles which requires fuel to have significantly low amounts of sulfur and benzene.

By Jan. 1, 2016, all gasoline products in the country must be Euro IV-compliant. Petron’s early compliance comes on the back of its massive $2-billion upgrade at its Bataan refinery, which increases its local production of gasoline, diesel, and petrochemicals and also allows the production of Euro IV fuels.

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Posted by on June 8, 2015 in Corporate News, PCOR, Stock Market

 

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