More Seaoil stations offer Extreme 97

Seaoil Philippines Inc. announced that more stations will be carrying its premium gasoline product, Extreme 97, which contains the highest octane level in its class of fuel products. Increased sales of the product encouraged the company to expand the offering of Extreme 97 in north and south Luzon. “We have seen a 59% increase in sales since we launched the product in 35 Metro Manila stations, 18% of which was contributed by the sales of Extreme 97,” said Glenn Yu, Seaoil president and chief executive officer. Yu said the company has invested Php10 million (US$214,500) for research and development on the product, including extensive product testing over two years. (May 29, 2010)