Phoenix Petroleum starts bitumen supply

Phoenix Petroleum Philippines Inc. has started supplying bitumen products after its subsidiary completed the first phase of construction of its own asphalt plant in Calaca, Batangas.

In a disclosure to the Philippine Stock Exchange Wednesday, Phoenix said the asphalt plant of subsidiary Phoenix Asphalt Philippines Inc. is now fully operational to supply quality bitumen products to contractors in the country.

Phoenix Asphalt broke ground for the construction of the asphalt plant at the Calaca Industrial Seaport Park in Batangas.

“We have finally completed a major step in our venture into the asphalt business with the completion and operation of our own asphalt facility,” Phoenix Petroleum president and chief operating officer Henry Albert Fadullon said.

“Phoenix Asphalt aims to help build better roads and better runaways. We are on track with this goal and are now ready to provide high-quality asphalt products that will help support the various infrastructure developments in the country,” he said.

The asphalt storage facility features two vertical storage tanks that can accommodate 6,200 metric tons of bitumen asphalt 60/70, a penetration grade bitumen for hot mix asphalt used in road construction.

At present, Phoenix Asphalt is supplying naphthenic asphalt—a superior kind of bitumen product that exhibits much better performance than those that are usually sold in the market—imported mostly from partner’s asphalt refinery in Malaysia.

The facility also features a loading gantry equipped with two loading bays and with a weighbridge capacity of 80 metric tons. It also has a 2.5 million kilocalorie-capacity hot oil unit and a back-up generator set unit with 350 kilovolt-ampere capacity.

Meanwhile, Phoenix Asphalt is set to start the next phase of the plant’s construction early next year which will include Polymer Modified Bitumen and Emulsion facilities which are key for manufacturing high-performance asphalt products for roadways, tollways, and runways.