Business

Published: Tuesday July 17, 2012 MYT 12:37:00 PM
Updated: Tuesday July 17, 2012 MYT 1:10:42 PM

BH Petroleum building 10-12 stations a year

By Eugene Mahalingam


KUALA LUMPUR: Boustead Holdings Bhd's unit BH Petroleum Marketing Sdn Bhd is building between 10 and 12 petrol stations a year.

BH Petroleum managing director Tan Kim Thiam said on Tuesday the average cost was about RM4mil to RM5mil per station.

BH Petrol currently had 330 stations in peninsular Malaysia.

The company also expected its newly launched fully synthetic SynGard 8000 to double monthly sales of its fully synthetic oil business.

BH Petrol CI & Lubes business general manager Azizul Azily Ahmad said the company was selling 100 cartons of fully synthetic oil monthly.

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