Cosmo Oil Company
|Type||Public corporation TYO: 5007|
|Industry||Oil and gas|
|Key people||Yaichi Kimura, President|
|Revenue||¥2,831 billion (FY 2006)|
|Employees||1,916 (March 31, 2007)|
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. It was extinguished after ten days, killing or injuring six people, and destroying storage tanks
Cosmo operates four refineries, all of which are located in Japan:
- Ichihara, Chiba (former Maruzen refinery): 240,000 barrels per day (38,000 m3/d)
- Yokkaichi, Mie (former Daikyo refinery): 155,000 barrels per day (24,600 m3/d)
- Sakaide, Kagawa (former Asia Oil refinery): 120,000 barrels per day (19,000 m3/d)
- Sakai, Osaka (former Maruzen refinery): 80,000 barrels per day (13,000 m3/d)
- "Japan earthquake causes oil refinery inferno". London: Daily Telegraph. 11 March 2011. Retrieved 12 March 2011.
- "Natural gas storage tanks burn at Cosmo oil refinery in Ichihara city". Reuters AlertNet. 11 March 2011. Retrieved 12 March 2011.
- Watkins, Eric. "After 8.9 quake, explosion hits pchem complex in Japan". Los Angeles: Penn Energy.
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