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Phoenix Asphalt opens its Calaca plant in Batangas, marking its entry into emulsion market on April 26, 2024. Leading the ribbon-cutting ceremony are (from left) Phoenix Petroleum chief finance officer Igna Braga, Phoenix Petroleum president Henry Albert Fadullon, Calaca City Mayor Sofronio Ona Jr., TIPCO Asphalt chief executive Khun Chaiwat Srivalwat, TIPCO Asphalt executive director Frederic Roussel and TIPCO Asphalt chief operating officer- international business Christophe Voy.