SPRC sets out plan to become fully integrated energy provider (opens original article in a new tab)

SPRC aims to transform into a fully integrated energy provider by expanding into retail fuel distribution, leveraging synergy with Caltex to enhance stability and profitability amid market challenges.

• SPRC plans to become a fully integrated energy provider by expanding from refining to retail fuel distribution.
• The company aims to balance profitability with stability through synergy between refining and retail operations.
• SPRC faces challenges including volatile oil prices and government policies affecting diesel prices.