PROFILE |
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Chemoil is hunkered down in the bunker fuel distribution business. Founded in 1981, the company supplies marine bunker fuels to about 330 shipping companies worldwide. Chemoil operates refineries and terminals and distributes fuel from ports in six US cities (it is the largest supplier in New York and Los Angeles), India, the Netherlands, the Philippines, Singapore, and Venezuela. Fuel is delivered mostly by tankers, barges, and tugboats owned and operated by Chemoil or its affiliates, which include KC Marine (New York), King Shipping (Houston), Unilloyd (Rotterdam), and Westoil Marine (Los Angeles). Chemoil is 50%-owned by Japanese trading company ITOCHU, which is helping to fund its expansion to new ports.
COMPETITION |
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BP p.l.c. (BP)
Statia Terminals Group N.V. (STNV)
Tesoro Petroleum Corporation (TSO)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 500.00
1-Yr. Sales Growth: 42.9%
Employees: 150
Revenue per employee: $3,333,333.33
KEY PEOPLE |
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Robert V. Chandran
CEO
Manolete Gonzalez
CFO
CONTACT INFO |
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4 Embarcadero Center, Ste. 1800
San Francisco, CA 94111
US
Phone: 415-268-2700
Fax: 415-268-2701
Online: Web Site
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