TOA OIL CO., LTD.

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About us

History

Here we are pleased to introduce the history of TOA Oil Co., Ltd.

  • 1924February 1924

    Nippon Juyu Co., Ltd. is founded as an importer and vendor of heavy oil.

    Corporate headquarters in the Nippon Juyu era
  • 1942April 1942
    Upon assuming some of the operating assets of Nichibei Koyu Co., Ltd., Nippon Juyu Co., Ltd. changes its name to TOA Oil Co., Ltd., its current name.
  • 1950May 1950
    TOA Oil’s shares are listed on the Tokyo Stock Exchange.
  • 1952July 1952

    TOA Oil begins sales of Ostrich, a high-end lubricating oil.

    Products of that time
  • 1953January 1953

    TOA Oil wins designation as a direct vendor of petroleum products.

    Shipping oil by truck
  • 1955August 1955

    TOA Oil builds a refinery in Kawasaki-shi, Kanagawa Prefecture with refining capacity of 6,000 barrels per day, and begins refining operations there.

    Bird’s-eye view of the completed refinery, 1955
  • 1957February 1957
    TOA Oil begins sales of Kamome (“Seagull”), a kerosene product for home use.
  • July 1957
    TOA Oil increases its crude-oil processing capacity to 12,000 barrels per day.
  • 1960December 1960
    TOA Oil increases its crude-oil processing capacity to 15,000 barrels per day.
  • 1961March 1961
    TOA Oil increases its crude-oil processing capacity to 20,000 barrels per day.
  • 1962July 1962

    TOA Oil increases its crude-oil processing capacity to 50,000 barrels per day.

    No. 2 Atmospheric distillation unit
  • 1965August 1965

    In collaboration with Nippon Mining Co., Ltd. and Asia Sekiyu Co., Ltd., TOA Oil participates in the establishment of Kyodo Oil Co., Ltd. TOA Oil then transfers its sales and shipping segment to Kyodo Oil.

    Planning meeting on establishment of Kyodo Oil
  • 1968January 1968

    TOA Oil establishes Ogishima Oil Terminal Co., Ltd.

    Ogishima Oil Terminal in 1968
  • 1969March 1969

    TOA Oil increases its crude-oil processing capacity to 100,000 barrels per day.

    Centralized and rationalized equipment (No. 3 Normal-pressure Distillation Facility)
  • 1973June 1973
    TOA Oil establishes TOA Kyoseki Co., Ltd.
  • November 1973

    TOA Oil establishes Nagoya Oil Refinery.

    Nagoya Oil Refinery (now ENEOS Corporation Chita Plant)
  • December 1973
    TOA Oil transfers Nagoya Oil Refinery to TOA Kyoseki Co., Ltd.
  • 1976April 1976
    TOA Oil begins refining oil under contract to Showa Sekiyu K.K. and Shell Kosan K.K. (now Showa Shell Sekiyu K.K.).
  • August 1976
    TOA Oil establishes TOA Service Co., Ltd. (now TOA TECS Co., Ltd.).
  • 1977February 1977
    TOA Oil participates in the establishment of Niigata Joint Oil Stockpiling Co., Ltd., acquiring a stake in the company.
  • October 1977

    TOA Oil builds the “Flexicoker,” the world’s first heavy-oil thermolysis equipment.

    The Flexicoker under construction
  • 1978August 1978
    TOA Oil establishes East Ogishima Oil Terminal Co., Ltd.
  • 1979December 1979
    TOA Kyoseki is transferred to Nippon Mining Co., Ltd.
    Showa Sekiyu K.K. (now Showa Shell Sekiyu K.K.) acquires a stake in TOA Oil, making it a member of the Showa Sekiyu Group.
  • 1983October 1983
    TOA Oil reduces its crude-oil processing capacity to 65,000 barrels per day.
  • 1987June 1987

    TOA Oil builds a Fluid Catalytic Cracker (FCC).

    FCC under construction
  • 2000February 2000
    TOA Oil headquarters is moved from Chiyoda-ku, Tokyo to Kawasaki-ku, Kawasaki-shi, Kanagawa Prefecture.
  • October 2000

    Showa Shell Sekiyu’s Kawasaki Refinery and TOA Oil’s Kawasaki Refinery begin unified operations under the new collective name Keihin Refinery.

    Keihin Refinery Ogimachi Plant (now Showa Shell Sekiyu Kawasaki Works)
  • 2001September 2001
    TOA Oil establishes Genex Co., Ltd., an independent power producer (IPP).
  • 2002December 2002
    The Company lays piping connecting to TonenGeneral Sekiyu’s Kawasaki Plant (now ENEOS Corporation Kawasaki Refinery), beginning acceptance of heavy oil from that facility.
    The pipeline under construction
    (Kawasaki Renaissance Pipeline)
  • 2003April 2003
    TOA Oil transfers its IPP operations to Genex Co., Ltd.
  • June 2003

    Genex’s Mizue Power Station begins operation and power sales.
    The facility begins wholesale power supply to Tokyo Electric Power Company(now TEPCO Energy Partner, Inc.).

    Mizue Power Station
  • 2005October 2005
    TOA Oil conducts a third-party allocation of shares to Showa Shell Sekiyu K.K., making that company TOA Oil’s parent company.
  • 2008March 2008

    TOA Oil absorbs and merges with East Ogishima Oil Terminal Co., Ltd.

    East Ogishima Zone
  • 2011September 2011

    TOA Oil ceases operation of Keihin Refinery Ogimachi Plant (now Showa Shell Sekiyu’s Kawasaki Works).

    Final shipment from Ogimachi Plant
  • 2013August 2013
    TOA Oil changes its crude-oil refining capacity to 70,000 barrels per day.
  • 2017October 2017

    TOA Oil begins an operating partnership with Idemitsu Kosan Co., Ltd.

    Transfer of product to an Idemitsu Kosan truck
  • 2018June 2018
    TOA Oil absorbs and merges with Genex Co., Ltd.