Seaoil to Offer First Euro-5 Diesel in the Country
September 24, 2008 by Tsikot · Leave a Comment
Seaoil Philippines Inc. has entered into a $30-million supply contract for the sale and distribution of the low emission Euro-5 diesel product, making it the first oil firm in the country to comply with the highest European emission standards.
Seaoil president and chief executive Francis Glenn Yu said they have forged an agreement with SK Networks, a major South Korean trading house, for the supply of Euro-5 diesel over the next six months.
At present, diesel being sold in the Philippines is only at Euro-2 standard. Read more
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