Our History

Petroplus was established in 1993. Some of the following milestones helped us develop into an important player in the European midstream oil market.

1993
Petroplus International B.V. is founded.

1997
We acquire shares in the Antwerp refinery from the South Korean Daewoo Group.

July 1998
Petroplus is listed on the Euronext Amsterdam.

May 2000
We acquire the Cressier/Switzerland refinery and its associated wholesale marketing business from Shell Switzerland.

December 2000
We acquire the Teesside refinery and its wholesale marketing businesses from PIP Ltd.

2003
We acquire Nynas' Antwerp facilities, including a long-term bitumen-processing contract with Nynas.

2003
We close down several of the refinery units at the Antwerp refinery and continue to use the facility only to supply two long-term processing contracts.

March 2005
We reacquire private status and are delisted from the Euronext Amsterdam.

May 2006
We recruit a new management team, including Thomas D. O'Malley as our new chief executive officer and chairman of our executive board.

June 2006
We acquire European Petroleum Holdings N.V., including the BRC refinery in Antwerp, Belgium, and related supply and distribution assets from Sovereign Holding Limited (Bermuda).

July 2006
We enter into an agreement with ExxonMobil CE to purchase a refinery in Ingolstadt, Germany.

August 2006
We sell Petroplus Tankstorage, Frisol, Oxyde Chemical, 4Gas and other non-core assets. We also changed our country of incorporation from Bermuda to Switzerland.

November 2006
Petroplus launches initial public offering on the Swiss stock exchange.

March 2007
We acquire the Ingolstadt refinery in Germany and the associated Bayern Marketing business.

May 2007
We acquire the Coryton refinery in the United Kingdom.

March 2008
Petroplus acquires the Petit Couronne and Reichstett refineries located in France.