Lion Oil
From Wikipedia, the free encyclopedia
This article or section needs sources or references that appear in reliable, third-party publications. Primary sources and sources affiliated with the subject of the article are generally not sufficient for a Wikipedia article. Please include more appropriate citations from reliable sources, or discuss the issue on the talk page. This article has been tagged since December 2006. |
Lion Oil | |
---|---|
Type | |
Founded | 1985 |
Headquarters | El Dorado, Arkansas |
Industry | Petroleum Products |
Products | Petrochemical |
Website | www.lionoil.com |
Lion Oil Company was established in 1922. Thomas Harry (Colonel) Barton was instrumental in the development of the company.
In 1955, Lion Oil was sold to Monsanto Chemical Company along with what is now El Dorado Chemical Company. Lion Oil is the only oil refinery which Monsanto has owned. Lion Oil was later sold by Monsanto to Tosco.
In 1985, Lion was struggling and on the verge of shutting down and was sold by Tosco to a partnership of Ergon Refining of Jackson, Mississippi, and a group of local investors.
Lion Oil continues as a petroleum supplier with its headquarters located in El Dorado, Arkansas.