Frederick Siy established Bryan Distributors & Services Inc., as a distributor of specialty oils and chemicals.
Preem Marketing was established, as a distributor of industrial lubes.
Preem Marketing received ISO Certification 9001:2000
The Mobil Plant was bought in preparation for manufacturing.
Emtec Phils, Inc., which carries the Platinum brand, was established.
Oracle Petroleum Corporation (OPC), the first independent toll blender of lubricants in the Philippines, was established with the Plant located in Malolos, Bulacan.
Firstchem Technology Incorporated (FTI), which manufactures specialty chemicals and provides descaling and cleaning services, was established with the Plant located in Quezon City.
OPC received ISO Certification 9001:2000
Preem Marketing, which carries the Comet Brand, has been registered as Comet Oil Phils., Inc.
Comet sold its first 1,000,000L
Platinum sold its first 1,000,000L
Consolidation of Emtec, Comet and OPC to OPC
Comet Brand reached 10,000,000L and Platinum Brand reached 5,000,000L sold.
Platinum Brand opened its doors to Retail.