United Refining Company

United Refining Company

Infobox Company
company_name = United Refining Company
company_
company_type = Private
foundation = 1902
location = Warren, Pennsylvania flagicon|USA
locations =
key_people = John Catsimatidis (CEO)
area_served = Ohio, Pennsylvania,
& New York
industry = Oil and Natural Gas
products = Petroleum and derived products
revenue = $2,405,063,000cite press release|title=United Refining Company Reports|publisher=United Refining Company|date=2007-11-29|format=pdf|accessdate=2008-01-26|url= http://www.urc.com/pdfs/media_center/press_release_112707.pdf] (2007) decrease 1.3% from 2006
operating_income = $170,293,000 (2007) increase 28.9% from 2006
net_income = $85,706,000 (2007) increase 33.9% from 2006
num_employees = 4,387
parent =
divisions =
subsid = Kwik Fill
Country Fair, Inc.
slogan =
homepage = [http://www.urc.com www.urc.com]
footnotes =
intl =

The United Refining Company is an oil company in Warren, Pennsylvania. The company operates an oil refinery in Warren that can process 70,000 barrels of oil into gasoline, diesel fuel and other petroleum distillates per day. [cite news| last=Carroll| first= Jim| title="United Refining" hikes capacity| publisher=Erie Times-News| date=2007-05-10] It distributes gasoline under the Kwik Fill, Citgo, and Keystone brands.

History

The United Refining Company was founded in 1902 by Harry Logan, Sr. Harry Logan, Jr. succeeded his father as president and chairman of the United Refining in 1957. In 1981, John Catsimatidis acquired United Refining as a subsidairy of his Red Apple Group.

The refinery was expanded from convert|60000|oilbbl/d|m3/d to convert|65000|oilbbl/d|m3/d in 1982. It was expanded again to have a processing capacity of convert|70000|oilbbl/d|m3/d in 2007.

Citgo

United Refining acquired the brand name of Citgo, when in 2002 it bought a local gas station and convenience store chain called Country Fair, Inc. in Erie, Pennsylvania. [cite news| last=Martin| first=Jim| title=Warren, Pa.-Based "United Refining" Buys Convenience Store Chain Country Fair| publisher=Erie Times-News| date=2002-01-01] Country Fair has a license agreement with Citgo to use "Citgo's brands, trademarks and other forms of identification."After Venezuelan President Hugo Chávez's speech to the United Nations, there were calls to boycott the Citgo brand.cite news| last=Carroll| first=Jim| date=2006-10-11| title=Comments spark call for Citgo boycott| publisher=Erie Times-News] United Refining officials watched to see if the brand became "too hot to handle" and drop the brand name even though United Refinery's crude oil comes from Canada. United Refining also removed some Citgo signs from gas stations they were operating in upstate New York and Pennsylvania due to the potential threat of a boycott on Citgo. [cite web| author=WSTM-TV| publisher=Associated Press| title=Citgo signs coming down in response to Venezuelan leader's remarks |accessdate=2007-07-18| url=http://www.wstm.com/Global/story.asp?S=5658105&nav=2aKD]

Alternate Energy

United Refining is looking for sources of ethanol to blend with gasoline in accordance with the Energy Policy Act to save $20 million in taxes in gasoline excise taxes. [cite news| last=Bartlett| first=John| date=2005-08-09| publisher=Erie Times-News| title=Ethanol panel has customer]

References

External links

* [http://www.urc.com United Refining Co. website]


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • American Sugar Refining Company — was the largest American business unit in the sugar refining industry in the early 1900s. It was incorporated in the state of New Jersey on January 10, 1891. According to the Encyclopedia of New York City , The American Sugar Refining Company was …   Wikipedia

  • Balbach Smelting & Refining Company — (also known as Balbach and Sons Refining and Smelting Company) was a smelting plant in Newark, New Jersey operating in the late 19th and early 20th centuries. It was the first commercial electrolytic refinery in the United States.… …   Wikipedia

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • United States v. E. C. Knight Co. — Infobox SCOTUS case Litigants = United States v. E.C. Knight Co. ArgueDate = October 12 ArgueYear = 1894 DecideDate = January 21 DecideYear = 1895 FullName = United States v. E.C. Knight Co. USVol = 156 USPage = 1 Citation = 15 S.Ct 249 (1895)… …   Wikipedia

  • United States v. E.C. Knight Company — ▪ law case byname  Sugar Trust Case        (1895), legal case in which the U.S. Supreme Court first interpreted the Sherman Antitrust Act of 1890. The case began when the E.C. Knight Company gained control of the American Sugar Refining Company.… …   Universalium

  • United States Military Academy — West Point and USMA redirect here. For other uses, see West Point (disambiguation) and USMA (disambiguation). United States Military Academy at West Point Motto Duty • Honor • Country …   Wikipedia

  • Colombia–United States relations — United States – Colombia relations Colombia …   Wikipedia

  • United States gravity control propulsion research (1955 - 1974) — American interest in gravity control propulsion research intensified during the early 1950s. Literature from that period used the terms anti gravity, anti gravitation, baricentric, counterbary, electrogravitics, G projects, gravitics, gravity… …   Wikipedia

  • United States Virgin Islands — Virgin Islands of the United States …   Wikipedia

  • United p.s. — Infobox Airline airline=United Airlines logo=Ps citylockup.png logo size=100px IATA=UA ICAO=UAL callsign=UNITED parent=UAL Corporation founded=2004 headquarters=Chicago, Illinois key people=Glenn Tilton (CEO) Jake Brace (CFO) hubs=John F. Kennedy …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”