P-H-O-E-N-I-X Petroleum Philippines, Inc. Announces Executive Appointments
June 01, 2020 at 07:06 am IST
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P-H-O-E-N-I-X Petroleum Philippines, Inc. announced that at Annual Stockholders' Meeting held on May 29, 2020, approved the appointment of Dennis A. Uy as Chairman and Chief Strategy Officer, Henry Albert R. Fadullon as President, Ma. Concepcion F. de Claro as Treasurer. The company also appointed Dennis A. Uy as Chairman, Henry Albert R. Fadullon, Raymond T. Zorrilla, Ma. Concepcion F. de Claro as Members of the Executive Committee, Nicasio Alcantara, Minoru Takeda as members of Audit Committee, Justice Consuelo Ynares Santiago, Cherylyn C. Uy, Romeo B. De Guzman as members of Nominations & Governance Committee, Minoru Takeda as Chairman Nicasio Alcantara, J.V. Emmanuel A. de Dios, Dennis A. Uy as members of Board Risk Oversight Committee. Justice Consuelo Ynares Santiago as Chairman, Nicasio I. Alcantara, Stephen CuUnjieng, Henry Albert R. Fadullon as Members of Related Party Transaction Committee.
P-H-O-E-N-I-X Petroleum Philippines, Inc. is primarily engaged in marketing and distribution of petroleum products to retail and commercial and industrial customers, as well as operating oil depots, storage facilities, and other allied services. The Company's segments include Trading, Depot and Logistics Services, and Real Estate. The Trading segment is engaged in marketing, merchandising, purchasing, selling, dealing, acquiring, disposing and distributing goods and wares, such as petroleum products (on a wholesale basis), adhesives, glues, bonding agents, epoxy resins and lubricants, among others. The Depot and Logistics Services segment is engaged in operating oil depots and storage facilities and providing logistics services. The Real Estate segment is involved in real estate development, management and operations. The Companyâs products include fuels, lubricants, liquified petroleum gas (LPG), asphalt and PNX lubricants.