Cosmo Oil Company, Limited (コスモ石油株式会社, Kosumo Sekiyu kabushiki gaisha) is a Japanese petrochemical company. It is Japan's third-biggest refiner by sales after JX Holdings and Idemitsu Kosan.[2]
Cosmo Energy Holdings Co., Ltd.
Cosmo Oil's headquaters at Hamamatsucho Building in Shibaura, Tokyo.
Cosmo 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]
Refineriesedit
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).
Galleryedit
Explosion and fire at Cosmo refinery in Ichihara, Chiba, following the 2011 Tōhoku earthquake
^"Company Profile". Cosmo Oil. Retrieved 28 March 2015.
^ abTsukimori, Osamu (5 February 2015). Sheldrick, Aaron; Nair, Sunil (eds.). . Reuters Africa. Thomson Reuters. Archived from the original on 2 April 2015. Retrieved 28 March 2015.
^. The Daily Telegraph. London. 11 March 2011. Archived from the original on March 13, 2011. Retrieved 12 March 2011.
^. Reuters AlertNet. Thomson Reuters. 11 March 2011. Archived from the original on 14 March 2011. Retrieved 12 March 2011.
^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.
^"LPG Tanks Fire Extinguished at Chiba Refinery (5th Update)". Cosmo Oil. 21 March 2011. Retrieved 28 March 2015.
^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.
^"Japanese Companies Pool LPG Sectors". World Maritime News. 12 March 2015. Retrieved 28 March 2015.
^Crystal Chan (12 March 2015). . IHS Maritime 360. IHS Inc. Archived from the original on 2 April 2015. Retrieved 28 March 2015.
^ ab"Japan's Cosmo Oil to permanently shut Sakaide refinery in July '13". ICIS. Reed Business Information. 28 August 2012. Retrieved 28 March 2015.
^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.
Wikimedia Commons has media related to Cosmo Oil Company.
Official website(in English)
December 15, 2023
cosmo, company, limited, コスモ石油株式会社, kosumo, sekiyu, kabushiki, gaisha, japanese, petrochemical, company, japan, third, biggest, refiner, sales, after, holdings, idemitsu, kosan, cosmo, energy, holdings, cosmo, headquaters, hamamatsucho, building, shibaura, tok. Cosmo Oil Company Limited コスモ石油株式会社 Kosumo Sekiyu kabushiki gaisha is a Japanese petrochemical company It is Japan s third biggest refiner by sales after JX Holdings and Idemitsu Kosan 2 Cosmo Energy Holdings Co Ltd Cosmo Oil s headquaters at Hamamatsucho Building in Shibaura Tokyo Native nameコスモエナジーホールディングス株式会社Romanized nameKosumo Enaji Hōrudingusu kabushiki gaishaTypePublic KKTraded asTYO 5021IndustryOil and gasFoundedmerger of Maruzen Petroleum and Daikyo Petroleum April 1 1986 37 years ago 1986 04 01 HeadquartersShibaura Minato Tokyo JapanKey peopleYaichi Kimura Chairman Keizo Morikawa President and CEO ProductsPetroleumNatural gas Motor fuelsAviation fuels PetrochemicalsWind power generationServicesFilling stationsRevenueJPY 3 537 billion FY 2013 US 34 3 billion FY 2013 Net incomeJPY 4 34 billion FY 2013 US 42 1 million FY 2013 OwnerInfinity Alliance Limited 20 76 Number of employees1 837 consolidated as of March 31 2014 WebsiteOfficial websiteFootnotes references 1 Contents 1 History 2 Refineries 3 Gallery 4 See also 5 References 6 External linksHistory editCosmo 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 editCosmo 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 edit nbsp Explosion and fire at Cosmo refinery in Ichihara Chiba following the 2011 Tōhoku earthquake nbsp A Cosmo service station in Taitō nbsp A Cosmo LPG truck nbsp An aerial view north west of the Port of Chiba Cosmo Chiba refinery seen left of the river mouth See also editCosmo Oil Yokkaichi F C former football club originally owned by the Daikyo refinery References edit Company Profile Cosmo Oil Retrieved 28 March 2015 a b 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 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 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 Watkins Eric 11 March 2011 After 8 9 quake explosion hits pchem complex in Japan Oil amp Gas Journal Los Angeles PennWell Corporation Retrieved 28 March 2015 LPG Tanks Fire Extinguished at Chiba Refinery 5th Update Cosmo Oil 21 March 2011 Retrieved 28 March 2015 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 Japanese Companies Pool LPG Sectors World Maritime News 12 March 2015 Retrieved 28 March 2015 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 Japan s Cosmo Oil to permanently shut Sakaide refinery in July 13 ICIS Reed Business Information 28 August 2012 Retrieved 28 March 2015 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 editPortals nbsp Japan nbsp Chemistry nbsp Energy nbsp Companies nbsp Wikimedia Commons has media related to Cosmo Oil Company Official website nbsp in English Retrieved from https en wikipedia org w index php title Cosmo Oil Company amp oldid 1172553979, wikipedia, wiki, book, books, library,
