Showa Shell Sekiyu Ok.K. was established on January 1, 1985, by a merger of equals between Showa Oil Co., Ltd. and Shell Sekiyu Ok.Ok. The former was initially established on August 1, 1942, by consolidation amongst three firms: Hayama Oil, Asahi Oil and Niitsu Oil. In April 1949, Showa Oil Co., Ltd. received authorization from Japanese government as an oil distributor and made a return to the business after a respite on this planet Warfare II. In June 1949, Showa Oil concluded an settlement with Royal Dutch Shell Group for crude oil import and technical know-how change. This relationship was additional strengthened in the form of equity participation to Showa Sekiyu K.Okay. by Royal Dutch Shell Group in June 1951.
Shell Sekiyu Ok.K. started its history in Yokohama in early Meiji era (around 1876) as an entity referred to as Samuel Firm, which was the precursor of Shell Group in later years. On April 11, 1900, it spun out its petroleum enterprise section and named it as Rising Sun Petroleum Firm to handle petroleum import and gross sales. After ceasing operations for a number of years all over the world Warfare II, it resumed operations in 1949 when Japanese authorities determined the privatization of petroleum distribution sector. Thus, the 2 companies had a very shut relationship both financially and operationally even earlier than the merger in 1985. In December 2016, Royal Dutch Shell Group withdrew 31.3% of Showa Shell equities out of 35% that it used to carry.
Current Refinery Capacity
The mixed capacity of the three Group refineries (Yokkaichi Refinery of Showa Yokkaichi Sekiyu, Keihin Refinery of Toa Oil and Yamaguchi Refinery of Seibu Oil), is 445,000 barrels per day. Showa Shell Heat Exchanger Series Sekiyu Okay.K. has launched state-of-the-artwork technologies, together with gas oil hydro-desulfurization models, a residue fluid catalytic cracking unit, constantly-regenerated catalyst reforming items, a gasoline isomeration unit and a Flexicoker. At the same time, the company is also fully dedicated to safety and environmental safety.
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