|Photo courtesy of Seaoil Press|
SEAOIL Philippines, Inc., the country’s leading and largest independent oil company, was awarded the “Outstanding Environmental Management Program Award” by the Philippine Franchise Association (PFA) at the recent Franchise Excellence Awards (FEA). The company was recognized for pioneering the use of ethanol-blended fuels in 2005 through its Biofuels Program.
In 2005, SEAOIL together with the Department of Energy and USAID launched a nationwide information campaign on the use of biofuels after the implementation of the Biofuels Act. The Filipino-owned oil firm was also the first to introduce E85 fuel, a special fuel blend containing 85 percent ethanol available in selected stations, and is being tested for Philippine National Standards certification. The FEA is one of the country's most prestigious annual events that recognize the best franchise practices across various industries and organizations, and is a member of the World Franchise Council and Asia Pacific Franchise Confederation, the group that holds the annual Franchise Asia Awards.
(L-R): Franchise Asia 2011 conference committee chairman and Philippine Seven Corporation president Jose Victor Paterno; PFA vice-chairman and Manels Group of Companies chair Manuel Siggaoat, Sr.; SEAIL president and CEO Francis Glenn Yu; and FEA chairman and Quisumbing Torres Law Office partner Atty. Leo Dominguez.