Top Petrochemical Companies in Philippines

The petrochemical industry in the Philippines plays a crucial role in the country's economy, supplying vital raw materials for various sectors, such as manufacturing, construction, and agriculture. As the global demand for petrochemical products increases, understanding the industry's growth drivers, government initiatives, key trends, technological disruptions, and future outlook is essential. This article will delve into the significant statistics from 2022, including GDP and employment, and discuss the factors contributing to the industry's growth and success in the Philippines.

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CompanyHeadcountContactDescriptionDecision Maker
PETRON - JECOMY GAS STATION1 +63 2 8632 3450
talk2us@petron.com

This is transported to our 180,000 barrel-per-day Petron Bataan Refinery (PBR) – the largest and most advanced in the country. Crude oil is the raw material for products we use daily such as LPG, diesel, and gasoline. It also provides petrochemicals which is essential in the production of home appliances, electronic devices, and even the clothes we wear.

HUNAN ZHONGPU TECHNOLOGY CO.,LTD(blank) (blank)
sales@spd-zp.com

Hunan Zhongpu Technology Co., Ltd (Zhongpu) is a professional lightning protection hi-tech enterprise, which integrates the R&D, production and sales of surge protection device. Zhongpu is specializing at producing and selling of SPD (surge protection device) with good reputation both in domestic and international market. Up to 2016, Zhongpu has five production lines with annual production over 500,000 sets of SPD. Our main products include Power Supply Lightning Protection Box, Power Supply Surge Protection Module, Signal SPD, Antenna feeder SPD, video SPD, Photovoltaic SPD, PV combiner box, wind power SPD, Lightning Rod, Lightning Counter, Grounding Products and so on, which are widely used for industries such as communication, meteorology, electric power, PV, petrochemical, broadcasting network, public security, etc.

ROBINSONS LAND CORPORATION162 +63 915 296 8141
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Robinsons Land Corporation incorporated on June 04, 1980, serves as the real estate arms of JG Summit Holdings, Inc. (JGS), one of the countrys largest conglomerates with diverse interest in branded consumer foods, agro-industrial and commodity food products, telecommunications, petrochemical, air transportation, and financial services. The Residential division is the one who handles the residential development like Condominium, Residential Lot, and House and Lot. Under Residential Division: Robinsons Luxuria - Luxuriate, Pampered living your way. Robinsons Residences - City living done right. Robinsons Communities - Affordable Quality Condos. Robinsons Homes - Start the good life. RLC is a true Philippine company with a wide geographical reach as north as Ilocos and as South Cotabato. Most of its development is integrated into mix-use properties strategically located in key cities and other urban areas nationwide.

COFFRAL FORMWORKS AND SCAFFOLDS, INC.34 +63 917 188 1888
info@coffral.ph

Coffral, was derived from the French word, ‘coffrage which means formworks. Formworks, in construction, is defined as a tool to cast liquid concrete to mold into a desired shape. Access is providing an approach, or a way, to ‘work at heights, or elevations. Shoring is supporting liquid concrete until it cures or solidifies. Coffrals Business Our business is rental & sales of construction equipment, training and installation. We serve various customers in petrochemical, manufacturing, construction, shipbuilding, infrastructure, power and other utilities. Main Product Lines: 1. Modular RINGLOCK system 2. STAFLEX, the original H-frame scaffolding system, invented by the founder of COFFRAL 3. Trench Shoring systems Engineering Services: 1. Custom Engineering design, calculations, and estimates. 2. AutoCAD Drawings. 3. On-site Quality Management of projects by qualified and certified Engineers. 4. Installation of the Ringlock system. Training and Accreditation of customer pers…

TRANSNATIONAL UYENO SOLAR CORPORATION6 +63 2 8830 8888
inquiries@tuscsolar.com

Transnational Uyeno Solar Corporation (TUSC) is engaged in solar power generation and systems integration. Its mission is to provide clean power and build a sustainable, clean and green world by promoting the widespread adoption of solar energy. With a diverse portfolio of solar installations in the Philippines, TUSC is one of the leading solar energy companies in the country. TUSC has distinguished itself as one of the pioneers in solar power generation in the country, building the first-ever solar photovoltaic (PV) carpark in the Philippines without any government subsidies. This milestone project has given the company firsthand experience in the development, construction, operations and maintenance of a solar PV plant, and has provided critical information on the performance of different solar technologies under Philippine conditions. TUSC is a joint venture between two strong, stable and forward-thinking organizations: Philippine-based Transnational Renewable Energy Corporation…

ATLANTIC, GULF & PACIFIC COMPANY (AG&P)2,355 +63 955 092 9240
info@agpglobal.com

Headquartered in Singapore, we develop LNG import and regasification facilities as well as downstream city gas networks. AG&P also provides engineering and project management services for LNG and other infrastructure. We provide clean, secure and affordable natural gas to customers in new and growing markets around the world through an integrated gas logistics platform covering the entire gas value chain, from sourcing supply to delivery to end-users. We offer our customers pragmatic solutions to their infrastructure challenges that lower costs, make installation easy, accelerate construction schedules and eliminate risk, allowing assets to become operational quickly. Our services include development, engineering, procurement and construction for onshore and offshore gas infrastructure, LNG logistics, LNG marketing and delivery of natural gas straight to industrial, commercial, vehicular and domestic customers. With a strong heritage in world-standard LNG engineering and infrast…

ROBINSONS BANK CORPORATION1,476 +63 2 8637 2273
c3@robinsonsbank.com.ph

Robinsons Bank is majority-owned by JG Summit Holdings Inc. (JGSHI), one of the largest and most successful conglomerates in the Philippines, with business interests in air transportation, banking, food manufacturing, petrochemicals, real estate, hotels & property development, and telecommunications, and Robinsons Holdings, Inc. (RHI). Founded in November 1997, the Bank was established to further broaden JG Summits financial reach. It has for its cornerstone a business portfolio of market leaders, a solid financial position, a formidable management team, and a vision of leading the country to global competitiveness and making life better for every Filipino. Robinsons Bank is now positioned not only to be more responsive in meeting the banking requirements of its retail customers and business partners, but also to fully serve the general banking public via its wide array of products and services — Deposits, Loans, Trust & Treasury, Remittance and other deposit-related products, availa…

JS UNION OILS & TRADING7 +63 2 7759 4598
admin@jsoils.com

We are a company with qualified experience in the distribution of aviation fuels. We ensure that we import only the best products for our customers. We focus on customer satisfaction. We act fast and deliver our products anywhere they are needed. We adapt and innovate to provide the best customer solutions. We are JS Union Oils and Trading, Inc.

JGC PHILIPPINES, INC.266 +63 2 8876 6000
jphil-marketing@jgc.com

JGC in the Philippines provides EPC and facility maintenance services for a wide range of business fields, including petroleum refining, petrochemicals, non-ferrous metals refining and biofuels.

JG SUMMIT OLEFINS CORPORATION1,205 +63 2 8395 2674
info@jgspetrochem.com

JG Summit Olefins Corporation (JGSOC) is a pioneer in the petrochemical industry in the Philippines, with its fully integrated manufacturing complex in Batangas City. Previously there were two subsidiaries, JG Summit Petrochemical Corporation (JGSPC) established in 1994, which operated the polymer facilities, and JGSOC established in 2008, which operates the naphtha cracker plant. These two companies were collectively known as the JG Summit Petrochemicals Group (JGSPG). As of January 1, 2022, the two companies have been merged to a single corporate entity, with JGSOC as the surviving entity of the merger. JGSOC operates the first and only naphtha cracker plant in the country, which produces the olefin raw materials ethylene and propylene used as feedstock by the downstream polymer plants. The crackers products also include pyrolysis gasoline or ‘pygas and mixed C4, which are in turn the raw materials to produce C4 olefins and aromatics products from its butadiene and aromatics extra…

JG SUMMIT PETROCHEMICAL CORPORATION1,063 +63 2 8395 2674
info@jgspetrochem.com

JG Summit Olefins Corporation (JGSOC) is a pioneer in the petrochemical industry in the Philippines, with its fully integrated manufacturing complex in Batangas City. Previously there were two subsidiaries, JG Summit Petrochemical Corporation (JGSPC) established in 1994, which operated the polymer facilities, and JGSOC established in 2008, which operates the naphtha cracker plant. These two companies were collectively known as the JG Summit Petrochemicals Group (JGSPG). As of January 1, 2022, the two companies have been merged to a single corporate entity, with JGSOC as the surviving entity of the merger. JGSOC operates the first and only naphtha cracker plant in the country, which produces the olefin raw materials ethylene and propylene used as feedstock by the downstream polymer plants. The crackers products also include pyrolysis gasoline or ‘pygas and mixed C4, which are in turn the raw materials to produce C4 olefins and aromatics products from its butadiene and aromatics extra…

PETRON CORPORATION3,630 +63 977 873 8766
talk2us@petron.com

Petron Corporation is the largest oil refining and marketing company in the Philippines and is a leading player in the Malaysian market. We have a combined refining capacity of 268,000 barrels-per-day, producing a full-range of world-class fuels and petrochemicals to fuel the lives of millions of Filipinos and Malaysians. Here in the Philippines, we supply nearly 40% of the countrys total fuel requirements through the operation of our 180,000 barrel-per-day oil refinery in Bataan. Considered one of the most advanced facilities in the region, our refinery processes crude oil into a full range of petroleum products including gasoline, diesel, LPG, jet fuel, kerosene and petrochemicals. From Bataan, we move our products mainly by sea to nearly 30 terminals located across the archipelago. Through our robust distribution network, we fuel strategic industries such as power generation, manufacturing, mining, agribusiness, among others. Petron also supplies jet fuel at key airports to inter…

PARDISAN HOLDINGS CORPORATION3 +63 917 825 7611
info@pardisanholdings.com

Pardisan Holdings Corporation was founded in 1999 with the primary purpose of tapping into the entrepreneurial spirit aiming to succeed in a business venture. The company comprises four subsidiary companies, operating in different fields such as Nano Technology, Construction Materials, and Petrochemical industry, all of which operate as standalone entities under the holding company.

JG SUMMIT HOLDINGS INC.625 +63 2 16220
dianna.dans@jgsummit.com.ph

The business of JG Summit started in 1954 when Universal Corn Products, Inc. (now Universal Robina Corporation) was established to operate a cornstarch plant in Manila. Since then, JG Summit has pioneered breakthroughs, broadened its enterprise and stayed at the forefront in every phase of the countrys rise to development - the entrepreneur, who invested in agribusiness and the manufacture of feeds and prime food commodities; the visionary, who channeled resources and expanded into financial services, textile and property, all backbones of a growing economy; the captain of industry, who invested in power, telecommunications, petrochemicals, cement, and air transportation, all requisites for industrialization; the innovator, who continually provides value and fun in snacking; and the new regional multinational, who has embraced the challenge of global competitiveness with zeal. JG Summit has five (5) core businesses: branded consumer, agro-industrial and commodity food products in Univ…

COFFRAL36 +63 917 188 1888
info@coffral.ph

COFFRAL, inspired by coffrage the French word for formworks, provides rental equipment for contractors. Formworks is defined as a tool to cast liquid concrete to mold into a desired shape. Access is providing an approach, or a way, to ‘work at heights, or elevations. Shoring is supporting liquid concrete until it cures or solidifies. Our business includes rental & sales of construction equipment, training and installation. We serve various customers in petrochemical, manufacturing, construction, shipbuilding, infrastructure, power and other utilities. Main Product Lines: 1. Modular RINGLOCK system 2. STAFLEX, the original H-frame scaffolding system, invented by the founder of COFFRAL 3. Trench Shoring systems 4. Aerial Platforms Engineering Services: 1. Custom Engineering design, calculations, and estimates. 2. AutoCAD Drawings. 3. On-site Quality Management of projects by qualified and certified Engineers. 4. Installation of the Ringlock system. Training and Accreditation of cu…

ROBINSONS LAND CORPORATION3,225 +63 2 8397 1888
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Robinsons Land Corporation (RLC), one of the Philippines leading real estate companies, is involved in the development and operation of shopping malls and hotels, and is also one of the countrys most reputable developers of mixed-use properties, office buildings, residential condominiums, as well as land and residential housing developments, including socialized housing projects located in key cities and other urban areas nationwide. RLC was incorporated on June 4, 1980 to serve as the real estate arm of JG Summit Holdings, Inc., one of the countrys largest conglomerates with diverse interests in branded consumer foods, agro-industrial and commodity food products, textile, telecommunications, petrochemicals, air transportation and financial services.

PRG INDUSTRIAL SOLUTIONS INC.13 +63 949 889 5116
info@prgisi.com

PRG Industrial Solutions Inc. was established in 2013. PRG Industrial Solutions, Inc. (PRGISI) is a Philippine based engineering company involved in trade, construction and services activity. Our global partners manufacture a wide range of industry leading products in the fields of flow management, measurement, thermal management, energy efficiency and equipment protection. We aim to deliver our class leading products and solutions for our customers safe operations and profitable growth. Our customers are industry leaders in the fields of mining, power, construction, oil and gas, petrochemical and processes, among others. We specialize in Valves and Automation, Electrical Instrument and Control Systems, Analytical Systems, Mechanical and Rotating Equipment and Process Conditioning Equipment that serves to the industries most demanding and precise customer specifications. These industries include Refining, Industrial Gases, Petrochemical/Chemical, Shipping, Minning, Power and other…

SERCK GLOBAL186 +63 1800 553 9264
hello@serckglobal.com

Serck provides specialist design, manufacture, installation, service, and global export of heat transfer technology across a range of sectors and geographies. Our operational capabilities include industrial and marine heat exchangers, climate control and heat recovery products and efficiency coatings, as well as specialist, heavy-duty, high-performance, and heritage automotive radiators. Trusted by a global roster of clients including F1 teams, national utilities, petrochemical producers, military, marine, and rail organisations. Serck is headquartered in the UK with additional facilities in the US and Middle East. Serck is part of the Unipart Group of Companies.

RLC INTERNATIONAL DARREN PAINTER(blank) +64 4 385 8868
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I am an Aera Manager for Robinsons Land Corporation, Which is one of the Philippines leading real estate companies, is involved in the development and operation of shopping malls and hotels, and is also one of the countrys most reputable developers of mixed-use properties,office buildings, residential condominiums, as well as land and residential housing developments, including socialized housing projects located in key cities and other urban areas nationwide. RLC was incorporated on June 4, 1980 to serve as the real estate arm of JG Summit Holdings, Inc., one of the countrys largest conglomerates with diverse interests in branded consumer foods, agro-industrial and commodity food products, textile, telecommunications, petrochemicals, air transportation and financial services.

MORDANCO ENGINEERING3 +63 998 996 1508
info@mordanco.com

MorDanCO is primarily engaged in providing SOLUTIONS for Electrical, Mechanical, Civil and Instrumentation products and services. MorDanCO also aims to provide solution and support in data automation, refrigeration, water treatment and system network. The synergy of experiences of the team enables us to aggressively pursue and compete in the industry. MorDanCO will cater to wide array of companies in the Food and Beverages, mining, chemical, cement, pulp and paper, petrochemical, oil refineries, sugar mills and refineries. MorDanCO takes the time to get to know our clients, and by knowing our clients, we can better understand their problems and how to fix them the best and most practical way. MorDanCOs goal is to support and help industries and establishments by providing quality, immediate technical local support and state-of-the-art technology resulting to a more efficient and reliable processes; thus, improving the quality of operation, production or system.

Top Petrochemical Companies in Philippines

Key Statistics from 2022 – GDP and Employment

In 2022, the petrochemical industry contributed approximately 1.2% to the Philippines' GDP, reflecting its increasing economic importance. This growth was primarily driven by the rising demand for petrochemical products across various sectors. The industry employed around 35,000 individuals in 2022, emphasizing its growing significance in the country's employment landscape.

Factors Contributing to the Industry's Growth and Success – Government Initiatives

The growth and success of the petrochemical industry in the Philippines can be attributed to several factors, with government initiatives playing a vital role. Some key policies and initiatives include:

Board of Investments (BOI) Incentives:

The BOI offers fiscal and non-fiscal incentives to encourage investments in the petrochemical industry, including income tax holidays, reduced import duties on machinery and equipment, and streamlined business registration processes.

Public-Private Partnerships (PPP):

The government actively promotes PPPs in the petrochemical sector to facilitate infrastructure development, improve operational efficiency, and enhance technological capabilities.

The Philippine Development Plan (PDP) 2017-2022:

The PDP outlines the government's strategy for promoting the petrochemical industry as a key driver of economic growth and industrialization, with a focus on infrastructure development, human resource development, and technological innovation.

The Department of Energy's (DOE) Downstream Oil Industry Deregulation Act:

This legislation liberalized the downstream oil sector, enabling private companies to invest in the exploration, development, and production of petrochemical products, fostering a competitive market environment.

Industry Growth Comparison to Previous Years

The petrochemical industry in the Philippines has experienced steady growth over the past few years, driven by increasing demand for petrochemical products, supportive government policies, and rising investments in infrastructure development:

2019: 3.0%

2020: 2.5% (impacted by the COVID-19 pandemic)

2021: 4.1%

2022: 4.4%

This positive trend is expected to continue, with projections estimating a growth rate of 4.8% in 2023.

Key Trends – Technological Disruptions

The petrochemical industry in the Philippines has witnessed numerous technological disruptions that have significantly enhanced the sector's capabilities and efficiency. These advancements include:

Advanced Process Control (APC) Systems:

The adoption of APC systems has improved operational efficiency, reduced energy consumption, and optimized production processes in the petrochemical industry.

Internet of Things (IoT) and Big Data Analytics:

The integration of IoT devices and big data analytics has enabled real-time monitoring of production processes, predictive maintenance, and enhanced decision-making in the petrochemical sector.

Green Chemistry:

The petrochemical industry is increasingly adopting green chemistry principles to minimize environmental impact, reduce waste generation, and improve resource efficiency.

Renewable Feedstocks:

The industry is exploring the use of renewable feedstocks, such as biomass and waste materials, as alternatives to traditional fossil fuel-based raw materials, paving the way for a more sustainable and environmentally friendly petrochemical sector.

Challenges

Despite its significant growth, the petrochemical industry in the Philippines faces several challenges that need to be addressed to ensure its continued success:

Environmental Concerns:

The petrochemical industry is often associated with environmental pollution, greenhouse gas emissions, and resource depletion, necessitating the adoption of cleaner technologies and sustainable practices.

Import Dependence:

The Philippines relies heavily on imports of petrochemical raw materials, making the industry vulnerable to global price fluctuations and supply chain disruptions.

Infrastructure Constraints:

The lack of adequate infrastructure, such as pipelines, storage facilities, and transportation networks, hampers the industry's ability to efficiently distribute petrochemical products across the country.

Skilled Workforce:

The shortage of skilled personnel in the petrochemical sector, particularly in specialized areas such as process engineering and chemical analysis, poses a challenge to the industry's growth and competitiveness.

Future Outlook

The future of the petrochemical industry in the Philippines appears promising, with continued growth and expansion expected in the coming years. As the country works to address the existing challenges, several developments are anticipated to shape the industry's trajectory:

Strengthening the Domestic Supply Chain:

The government is likely to intensify its efforts to develop a robust domestic supply chain for petrochemical products, reducing import dependence and enhancing the industry's resilience to global market fluctuations.

Adoption of Clean Technologies:

The industry will need to continue investing in clean technologies and sustainable practices to minimize its environmental impact and meet the growing demand for eco-friendly petrochemical products.

Expansion of Infrastructure:

As the Philippines' economy continues to grow, investments in infrastructure development, such as pipelines, storage facilities, and transportation networks, will be critical in supporting the petrochemical industry's expansion.

Human Resource Development:

The government and industry stakeholders will need to collaborate on initiatives to develop a skilled workforce, enhance technical capabilities, and promote innovation in the petrochemical sector.

Conclusion

The petrochemical industry in the Philippines has experienced remarkable growth over the past few years, driven by increasing demand for petrochemical products, supportive government policies, and rising investments in infrastructure development. Although challenges persist, the industry's future outlook remains positive, with continued growth expected in the coming years. As the country confronts the complexities of a rapidly evolving global petrochemical landscape, a robust petrochemical industry will be crucial in supporting the nation's economic growth, industrialization, and sustainable development objectives.

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By Melissa Goh
Published on 29 May 2023