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Philippines: Phoenix Petroleum Expands To Bitumen Business

Phoenix Petroleum Philippines, Inc. has decided to enhance its portfolio to include bitumen and bitumen-related products and thus has entered into a joint venture agreement with TIPCO Asphalt Public Company, Limited (TIPCO Asphalt) of Thailand and Carlito B. Castrillo of PhilAsphalt (Dev’t) Corporation (PhilAsphalt).

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