CALTEX LUBRICANTS
TOP FUEL AND LUBRICANT MANUFACTURER AND DISTRIBUTOR IN THE WORLD
Caltex Petroleum Corporation is the world's largest and most successful joint venture in business history. The company's revenues are larger than such well-known oil firms as Unocal, Phillips, and USX-Marathon, and its assets are greater than its closest rival, the huge Royal Dutch/Shell Group. Formed by Chevron Corporation and Texaco, Inc. in 1936, the company refines, produces and markets a wide array of petroleum and convenience products. Caltex Petroleum holds equity interests in 14 fuel refineries, 17 lubricant blending plants, six grease plants, two lubricant refineries, and 526 ocean depots and terminals. In addition to its thousands of branded retail outlets and gas stations, Caltex also provides fueling services at 38 airports and 103 saltwater ports in 22 countries around the world. The company has a major presence in East Africa, South Africa, East Asia, China, the Middle East, Southeast Asia, and the South Pacific, and is the only international petroleum firm that operates in all major Asian markets. With a well-trained and highly efficient international work force of approximately 7,300, more than 98 percent of the company's employees are nationals of the countries within which the various oil refining, marketing, and producing facilities operate.
Caltex was established in the Philippines in 1917 when Texas Company began marketing its products in the Philippines through a local distributor, Wise and Co. In 1921, Texaco (Philippines) was formally established and opened its office in Binondo, Manila. Eleven years later, its Pandacan oil depot was converted into a key distribution terminal to bring products by barge to nearby provinces. Caltex celebrated its 75th anniversary in July 2011.
Caltex was established in the Philippines in 1917 when Texas Company began marketing its products in the Philippines through a local distributor, Wise and Co. In 1921, Texaco (Philippines) was formally established and opened its office in Binondo, Manila. Eleven years later, its Pandacan oil depot was converted into a key distribution terminal to bring products by barge to nearby provinces. Caltex celebrated its 75th anniversary in July 2011.
