Caltex to grow Asia-Pacific network with 400 new stations

MANILA, Philippines - Chevron-International Products (CVX–IP), which globally markets the Caltex brand of fuels and lubricants, plans to open more than 400 sites in the next 5 years throughout the Asia Pacific region. The Philippines, where Caltex is marketed by Chevron Philippines Inc. (CPI), will account for more than 100 new sites of the five-year growth target.

CVX–IP General Manager for Sales & Marketing Support for Asia Pacific Shahid Ahmed made the announcement at the opening ceremonies of Franchise Asia (FA) Expo 2011 at the SMX Convention Center in Manila. Ahmed added, “We are focused on growing our business in the Asia–Pacific with the Philippines playing a key role in this growth direction.”