Shell Pilipinas to open fifth Cebu import facility by year-end

MANILA, Philippines — Shell Pilipinas Corp. is expanding its fuel import capacity with a new facility in the Visayas, hoping to boost its competitive edge after a disappointing first-half performance. Reynaldo Abilo, Shell Pilipinas CFO, said the firm expects to open the fifth import terminal in Cebu by year-end, its first in the Visayas. READ: Pilipinas