Petronas domestic masketing arm Petronas Dagangan Berhad launched yesterday it’s new fuel called Petronas Primax 3. Primax 3 will replace Primax at existing Petronas petrol stations and will be priced at the normal RON97 price of RM1.92 per litre.

Petronas Primax 3 features a newly developed additive – SINAR G-05. The new additives in Primax 3 functions as a detergent, demulsifier, and also has anti-corrosion properties. SINAR G-05 was tested in labs in Malaysia, US and Europe. The result is a cleaner engine and improved fuel economy of a 5.6 percent on average compared to other lower quality fuels.

Petronas currently has 790 stations in Malaysia and plans to add another 60-70 this year. This would be a total of RM 350 million in investment, or an average of RM 5 million per petrol station. Petronas expects that the Primax 3 would help it gain double digit market share growth. It currently holds 31% of the fuel market share, and 40% of total petroleum product market share.