The Article Caltex Singapore

Izvor: KiWi

Caltex was made in 1936 for a joint venture between Standard Oil Co. of California along with the Texas Co., with each having equal ownership. The manufacturer has managed in Africa, Asia and also the Middle East as a dedicated energy provider from the time. The Caltex brand is now managed from Singapore where all brand and marketing strategies and initiatives are developed and released to the operating regions. In Singapore, Caltex was assembled from a business called Texas Company (China) Ltd, which was created in the Lion City in 1933. The Singapore business was renamed Caltex in the '50s. In 1979, an one-third interest was acquired by Caltex in Singapore Refining Co. Pte. This great advertiser web resource has assorted novel aids for why to ponder this hypothesis. Ltd. (SRC), which manages a 285,000 barrelper-day refinery in Singapore. Caltex's interest in SRC was improved to 50 per cent in 2004. In the same time, Caltex was growing and grown across Asia Pacific, the Middle-east and Africa. Since its start nearly 70 years ago, Caltex has grown immensely and now runs in over 60 countries in those three areas. In the 1990s, Caltex consolidated its position as a strong regional brand, with a number of refineries being upgraded, alongside major revamps for the brand image and service stations. With the amalgamation of Chevron and Texaco in October 2001, Caltex became part of the ChevronTexaco family. In a move presenting a clear, strong and unified presence within the worldwide market, ChevronTexaco Corporation changed its name to Chevron Corporation in May 2005. Chevron Corporation is really one of the planet's top energy companies. With over 53,000 employees, Chevron subsidiaries conduct business all over the world, making and transporting crude oil and gas, refining, marketing and distributing fuels and other energy products. The Caltex brand is marketed in almost 60 of the 180 nations Chevron operates in. Chevron's commitment to the Caltex brand and all it represents continues while the brand is just a highly valued business asset. Through Caltex, Chevron's businesses in Singapore supply chances for Singaporeans and others to gain insights into best global business practices. Chevron's commitment to Singapore was acknowledged by the Economic Development Board in November 2005. Caltex is an oil manufacturer of Chevron Corporation used in more than 60 countries within the Middle East, the Asia-Pacific region, and southern Africa. Caltex began in 1936 while the California Texas Oil Company, a joint-venture between the Texas Company (later named Texaco) and Standard Oil of California (later named Chevron) to market oil from newly obtained concessions in Saudi Arabia. It was renamed Caltex Petroleum Company in 1968. Both parent companies merged in 2001 to form ChevronTexaco (renamed Chevron in 2005) and Caltex remains one of its own major international brand names.