Growth and Investment: Creating Value
Delivering long-term value to our stakeholders is at the heart of our service delivery. Extending the economic and social benefits of safe, reliable, and accessible fuel is our driving objective. To fuel progress for the Filipino, we continuously pursue growth opportunities in both the fuel and non-fuel segments, while maintaining a reliable and efficient supply chain.
For 2018, Pilipinas Shell’s capital expenditures remained at around Php 4.1 billion, distributed thus:
- 50% for the retail segment;
- 30% for manufacturing; and
- 20% for supply and distribution
This year, we established an additional 50 new retail stations in strategic locations of the country, evenly matched by geographically advantageous supply points. Our retail sites are the most efficient in the country, with an average sales volume per station of more than twice the industry standard.
Our sustainability goals propel us forward because we collectively focus on creating a better world that is fair and just for all. Our investment in the Philippines is for the long-term. We lead with impact, aligned with our strategy and vision, while safeguarding the future and driving social good.
