Petron Corp. of Philippines may need to increase capital expenditure by US$300 mln for its refinery expansion program, which is a part of phase-2 of the US$1.5 bln Master Refinery Plan (MRP). The addiitional outlay required is attributed to the rising raw material and construction costs.
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Tuesday, August 05, 2008
Petron may augment capital expenditure by US$300 mln for phase 2 of Master Refinery Plan
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