Showa Shell Sekiyu

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Showa Shell Sekiyu
Type Public limited company
Industry Oil and gas
Founded January 1, 1985 (January 1, 1985)
Headquarters Daiba Frontier Bldg, 2-3-2, Daiba, Minato-ku, Tokyo 135-8074
Area served Worldwide
Key people Jun Arai
(CEO)
Shigeya Kato
(Chairman)
Products Petroleum, natural gas, and other petrochemicals
Employees 1,007
Parent Royal Dutch Shell
Website Showa Shell Sekiyu

Showa Shell Sekiyu Kabushiki Kaisha is a subsidiary of Royal Dutch Shell. It was founded on January 1, 1985 as a merger between Showa Oil Company Ltd and Shell Sekiyu KK. As of December 2011 it operates three oil refineries in Japan.[1]

Founding

Showa Shell was founded as a merger between Showa Oil Company Ltd and Shell Sekiyu KK. Showa Oil Company had been founded during the Second World War on August 1, 1942, as a merger of Hayama Oil, Asahi Oil and Niitsu Oil. Shell Sekiyu KK was founded in Yokohama around 1876 during the Meiji era. It was founded as M. Samuel & Co, the predecessor of Shell. The petroleum business section was spun out and became the Rising Sun Petroleum Company on April 11, 1900. The companies had worked together closely even before the 1985 merger.

Ownership

Showa Shell's major shareholders are Royal Dutch Shell and Saudi Aramco,[2] owning 35% and 15% of the company respectively.[3]

Subsidiaries

Showa Shell HQ, Odaiba
Showa Shell has a number of subsidiaries and affiliated companies, including its solar panel producer Solar Frontier KK.[4]

References

  1. Showa Shell website Corporate Summary - History and Current Refinery Capacity Retrieved on September 21, 2012
  2. Showa Shell website Corporate Summary - Business Overview Retrieved on September 21, 2012
  3. Reuters Japan's Showa Shell cuts Iran oil imports from last yr July 31, 2012 Retrieved on September 21, 2012
  4. Showa Shell website Corporate Summary - Affiliate Companies Retrieved on September 21, 2012
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