Subsidiaries
PNOC Alternative Fuels Corporation

(updated August 1, 2016)

The PNOC Alternative Fuels Corporation (PNOC-AFC), formerly PNOC Petrochemical Development Corporation, was established in July 2006. Its primary mandate is to explore, develop and accelerate the utilization and commercialization of alternative fuels in the country.

As a secondary mandate, the PNOC-AFC shall also pursue the development, operation and management of a petrochemical industrial estate. The complex, located in Limay and Mariveles, Bataan, which is approximately 530 hectares, is to be developed in phases.

Note: On September 8, 2014, a Memorandum from Executive Secretary Paquito N. Ochoa, Jr. was issued stating that the Governance Commission for GOCCs (GCG) recommendation to abolish PNOC-AFC has been approved. The GCG issued Memorandum Circular No. 2014-26 on the implementation of the abolition of PAFC. The transition and turnover plan for PAFC was submitted to the GCG in 2015 and the going concerns of PNOC-AFC were continued and transitioned into PNOC in accordance with the Plan.

VISION:

To become one of the most prominent alternative energy-producing companies in the region.

"The PNOC Alternative Fuels Corporation shall have the primary responsibility over the Biofuels Project and shall be the one to coordinate with the concerned agencies."

Pres. Gloria Macapagal Arroyo
NEDA/NAPC Cabinet Meeting
Malacañang Palace
8 August 2006

BOARD OF DIRECTORS:

Chairman

Sabino R. Dapat

 

President & CEO

Dante B. Canlas

 

Members:

Carmelo T. Naguiat

Corazon R. Estrella

Teresita M. Borra

 

Treasurer

Glenda G. Martinez

 

Corporate Secretary

Joycelyn S. Manuel