February 28, 2015 7:59 PM ET

Chemicals

Company Overview of Pilipinas Shell Petroleum Corporation

Company Overview

Pilipinas Shell Petroleum Corporation manufactures and supplies waterproofing systems for roof protection, floor waterproofing, wall damp proofing, and toilet and wet area waterproofing applications. The company’s products include Shell Flintkote No. 5, a short-fiber reinforced bitumen emulsion for general waterproofing, and concrete and metal protection applications; Shell Flintkote Colourflex, an elastomeric coating for exterior area applications; Shell Flintkote Black Primer, a solvent-based primer for concrete, cement, bitumen felt, mastic asphalt, corrugated iron and steel, and wooden surfaces applications; Shell Flintkote Hydroguard, a liquid rubber waterproofing membrane; Shell Flintk...

Shell House

156 Valero Street

Salcedo Village

Makati City,  1227

Philippines

Phone:

63 8 166 501

Fax:

63 8 146 362

Key Executives for Pilipinas Shell Petroleum Corporation

Pilipinas Shell Petroleum Corporation does not have any Key Executives recorded.

Pilipinas Shell Petroleum Corporation Key Developments

PILIPINAS Shell Petroleum Corp. Wins P76-M Tax Refund Case Against the Bureau of Internal Revenue

PILIPINAS Shell Petroleum Corp. has won a PHP 76-million tax refund case against the Bureau of Internal Revenue (BIR) after the Court of Tax Appeals (CTA) dismissed a government appeal. That writ was issued after a Nov. 17, 2010 Supreme Court decision - junking BIR's bid to overturn a tax court ruling that favored Shell - became final and executory. The case lodged by BIR against Shell before the Supreme Court was docketed as G.R. No. 192524. For that particlar case, the Supreme Court issued a minute resolution dismissing. The court sitting en banc maintained that the Supreme Court has the last say in the case. The case lodged before the tax court was docketed as CTA Case no. 7122. This is a Court of limited special jurisdiction and declaring a Supreme Court ruling as void is not one of those. The BIR then appealed the decision but the tax court junked it, prompting the agency to elevate the case to the Supreme Court.

Shell Seeks IPO

Pilipinas Shell Petroleum Corporation is planning to launch an initial public offering (IPO). Edgar O. Chua, country Chairman of Shell said when asked about IPO, “That’s dependent on when we will get the foreign direct investment (FID) for the refinery. It will take within the next two or three months to get that. Assuming that we get the FID, we will start working on the IPO. The timetable will still depend on favorable market conditions.”

Pilipinas Shell Asks More Time For Planned IPO

Pilipinas Shell Petroleum Corporation is asking the Department of Energy to give it until the end of the year 2013 to provide plans for its initial public offering (IPO). Pilipinas Shell Vice President for communications Roberto Kanapi said Pilipinas’s IPO plans hinge on the result of a study on its refinery expansion. “We are conducting the study on the refinery following the completion of the standards for Euro 4 fuel in the Philippines. Because of that, we are now finalizing the study on upgrading the refinery and we are requesting the Department of Energy to give us up to the latter part of the year. Everything hinges on that,” Roberto Kanapi said.

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