OTCPK:EUCTF - Post by User
Comment by
kidl2on Oct 04, 2017 11:16am
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Post# 26775183
RE:Philipines
RE:PhilipinesPoorOpinion: I suppose the Philippines will have to get one of the three current versions (House, Senate and DoF) passed before year end.
Sounds like the fuel marker program is part of the DoF version as well as House Bill 5636 but is it part of the Senate Bill 1592?
As for SICPA’s odds, if a fuel marker program is implemented, they probably haven’t changed, 1 in 4; SICPA, Authentix (SGS?), Dow Chemical and United Color.
Interesting ... In one of the articles I found, Seaoil, the largest fuel distributor, supports a marker program but refers to it as “low concentrations of a marked dye to be blended with the fuel”. An error in terminology or a preference for the much cheaper dye marker?
In the end it will probably come down to program cost and possibly more importantly, which of the four provides the most appealing “benefits” to the decision makers ... :-)