Business World

Philex Mining taps Pilipinas Shell as fuel supplier

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PHILEX Mining Corp. has tapped Pilipinas Shell Petroleum Corporatio­n to supply fuel for its operations.

Philex Mining and Pilipinas Shell signed the one-year contract last Dec. 17, according to the latter’s statement.

Pilipinas Shell said it will supply its FuelSave Diesel with Dynaflex technology, which will keep engines of vehicles and heavy equipment clean.

The company said that it has assigned dedicated lorries for Philex Mining through its partnershi­p with a hauler in North Luzon.

Philex Mining Corp. President Eulalio B. Austin, Jr. was quoted as saying the company decided to partner with Pilipinas Shell “because of its consistent fuel pricing, reliable product quality, and a more profession­al and accessible account management for better operations in the long run.”

“We are thankful that Philex Mining gave us the privilege and opportunit­y to be a part of their operations. We offer the full commitment of Shell and we will continue to work with them to better serve their business,” Pilipinas Shell President and Chief Executive Officer Cesar G. Romero said in the statement.

Philex Mining is one of three Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being PLDT, Inc. and Metro Pacific Investment­s Corp. Hastings Holdings, Inc. — a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc. — maintains interest in BusinessWo­rld through the Philippine Star Group, which it controls. —

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