Showa Shell Sekiyu
Type | Public limited company |
---|---|
Industry | Oil and gas |
Founded | 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
References
- ↑ Showa Shell website Corporate Summary - History and Current Refinery Capacity Retrieved on September 21, 2012
- ↑ Showa Shell website Corporate Summary - Business Overview Retrieved on September 21, 2012
- ↑ Reuters Japan's Showa Shell cuts Iran oil imports from last yr July 31, 2012 Retrieved on September 21, 2012
- ↑ Showa Shell website Corporate Summary - Affiliate Companies Retrieved on September 21, 2012