Cosmo Oil Company
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| Lua error in package.lua at line 80: module 'Module:InfoboxImage/data' not found. Headquarters in Chūō, Tokyo | |
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Romanized name | Kosumo Sekiyu kabushiki gaisha |
Company type | Subsidiary KK |
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| Headquarters | Kyobashi, , Japan |
Key people | Yaichi Kimura (Chairman) Keizo Morikawa (President and CEO) |
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| Services | Filling stations |
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| Owner | Cosmo Energy Holdings |
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| Website | Official website |
| Footnotes / references [1] | |
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Script error: No such module "Nihongo". is a Japanese petrochemical company. It is Japan's third-biggest refiner by sales after Eneos and Idemitsu Kosan.[2]
History
Cosmo in Japan traces its corporate roots to Maruzen Petroleum (丸善石油株式会社), a company established in 1931, although the oil business operated by Maruzen was originally established by Zenzo Matsumura in Kobe in 1907.
Cosmo Oil Company was formed on April 1, 1986, through the merger of Maruzen Petroleum and Daikyo Petroleum, a group of oil businesses based in Niigata Prefecture, which merged in 1939.
A major fire occurred at the Cosmo refinery in Ichihara, as a result of the 2011 Tōhoku earthquake.[3][4][5] It was extinguished after ten days, injuring six people and destroying storage tanks[6] The ultimate cause was traced to the collapse of supports for LPG Tank 364, which had been filled with water and undergoing hydrostatic testing at the time the earthquake struck. The collapse fractured LPG pipes, releasing gas that then ignited, in turn igniting LPG in several adjacent tanks.[7]
In February 2015, the company said it will reorganize itself under a holding company to boost profitability.[2] Also in 2015, in March, Cosmo Oil formed an LPG joint-venture, by merging its LPG business with three other company's LPG units. The new company, named Gyxis Corporation, started effective operations on April 1, 2015.[8] Along Cosmo, the other three shareholding companies are Showa Shell Sekiyu, TonenGeneral Sekiyu, and Sumitomo Corporation, all with 25% of the ownership.[9]
Refineries
Cosmo operates three refineries, all of which are located in Japan:[10]
- Ichihara, Chiba (former Maruzen refinery): 220,000 barrels per day (35,000 m3/d)
- Yokkaichi, Mie (former Daikyo refinery): 175,000 barrels per day (27,800 m3/d)
- Sakai, Osaka (former Maruzen refinery): 100,000 barrels per day (16,000 m3/d)
In August 2012, the company announced that it will close its Sakaide plant in southwest Japan.[11] The refinery, which was closed and turned into an oil terminal in July 2013,[10] was a former Asia Oil refinery with a capacity of 120,000 barrels per day (19,000 m3/d).
Gallery
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See also
- Cosmo Oil Yokkaichi F.C., former football club, originally owned by the Daikyo refinery.
References
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- ^ Page Module:Citation/CS1/styles.css has no content."Company Profile". Cosmo Oil. Retrieved 28 March 2015.
- ^ a b Page Module:Citation/CS1/styles.css has no content.Tsukimori, Osamu (5 February 2015). Sheldrick, Aaron; Nair, Sunil (eds.). "Japan's Cosmo Oil to set up holding firm in Oct". Reuters Africa. Thomson Reuters. Archived from the original on 2 April 2015. Retrieved 28 March 2015.
- ^ Page Module:Citation/CS1/styles.css has no content."Japan earthquake causes oil refinery inferno". The Daily Telegraph. London. 11 March 2011. Archived from the original on March 13, 2011. Retrieved 12 March 2011.
- ^ Page Module:Citation/CS1/styles.css has no content."Natural gas storage tanks burn at Cosmo oil refinery in Ichihara city". Reuters AlertNet. Thomson Reuters. 11 March 2011. Archived from the original on 14 March 2011. Retrieved 12 March 2011.
- ^ Page Module:Citation/CS1/styles.css has no content.Watkins, Eric (11 March 2011). "After 8.9 quake, explosion hits pchem complex in Japan". Oil & Gas Journal. Los Angeles: PennWell Corporation. Retrieved 28 March 2015.
- ^ Page Module:Citation/CS1/styles.css has no content."LPG Tanks Fire Extinguished at Chiba Refinery (5th Update)". Cosmo Oil. 21 March 2011. Retrieved 28 March 2015.
- ^ Page Module:Citation/CS1/styles.css has no content.Cosmo Oil Co., Ltd. (2011-08-02). "Overview of the Fire and Explosion at Chiba Refinery, the Cause of the Accident and the Action Plan to Prevent Recurrence". Retrieved 2017-10-25.
- ^ Page Module:Citation/CS1/styles.css has no content."Japanese Companies Pool LPG Sectors". World Maritime News. 12 March 2015. Archived from the original on March 19, 2015. Retrieved 28 March 2015.
- ^ Page Module:Citation/CS1/styles.css has no content.Crystal Chan (12 March 2015). "Four Japanese companies form an LPG importer". IHS Maritime 360. IHS Inc. Archived from the original on 2 April 2015. Retrieved 28 March 2015.
- ^ a b Page Module:Citation/CS1/styles.css has no content."Japan's Cosmo Oil to permanently shut Sakaide refinery in July '13". ICIS. Reed Business Information. 28 August 2012. Retrieved 28 March 2015.
- ^ Page Module:Citation/CS1/styles.css has no content.Tsukimori, Osamu (28 August 2012). Watson, Michael (ed.). "Japan's Cosmo to close Sakaide refinery in July 2013". Reuters. Thomson Reuters. Retrieved 28 March 2015.
External links
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