What happened Diamond Shamrock?
After William H. Bricker became CEO in 1976, Diamond Shamrock closed its plant in Painesville, where it had operated for 65 years. in 1987 and its refining and marketing business became a separate entity called the Diamond Shamrock Refining and Marketing Company (later shortened to Diamond Shamrock in 1990).
When did Valero buy Diamond Shamrock?
December 31, 2001
On December 31, 2001, Valero completed its acquisition of Ultramar Diamond Shamrock. The merger left Valero with over 4,700 Ultramar, Diamond Shamrock, and Beacon retail sites in the United States, Canada, and the Caribbean.
Who owns Valero?
Valero spun-off its retail business in 2013 under the CST brands to focus on refining. Previously, Valero used to operate fuel stations and convenience stores through this business. In August 2016, Alimentation Couche-Tard, the parent company of Circle K, agreed to buy CST in an all-cash deal worth $4.4 billion.
Does Valero produce oil?
Valero forms Valero Energy Partners LP, a publicly traded master limited partnership, to own, operate, develop and acquire crude oil and refined products pipelines, terminals and other transportation and logistics assets serving Valero refineries.
Who owns Diamond Shamrock?
Valero Energy Corporation
Diamond Shamrock
| Formerly | Diamond Alkali, Shamrock Oil and Gas, and Sigmor |
|---|---|
| Founders | John Sheerin, TR Evans, Thomas E. Turner |
| Fate | Acquired by Valero Energy Corporation |
| Headquarters | San Antonio , Texas |
| Area served | Worldwide |
Where is Valero headquarters?
San Antonio, Texas, United States
Valero Energy/Headquarters
How many employees does Valero have?
Valero Energy’s employment figures 2011-2021 Valero Energy was employer to 9,964 people as of January 31, 2020. This figure was a slight decrease compared to the previous year. Valero Energy Corporation is a Fortune 500 company based in San Antonio, Texas.
Who owns Citgo?
PDVSA
CITGO Holding, Inc.
Citgo/Parent organizations
What is a Valero in a car?
rroh. masculine noun. 1. ( automobile) ball bearing for a car.
Where did the company Diamond Shamrock come from?
The DIAMOND SHAMROCK CORP. began as a Cleveland-based chemical company which, in 2003, was headquartered in Dallas under the name Maxus Energy Corp. The Diamond Alkali Corp., a forerunner of Diamond Shamrock, was incorporated in Delaware in 1929 as the successor to a company of the same name that was incorporated in West Virginia in 1910.
When did Diamond Shamrock merge with Natomas Company?
1983: Diamond Shamrock merges with Natomas Company and gains oil and gas wells in Canada, Indonesia, and the North Sea. 1987: Restructuring leads to the formation of Diamond Shamrock R & M, Inc., an independent oil refining and marketing company. 1989: Company enters the petrochemicals industry.
When did Diamond Alkali merge with Shamrock Oil?
The 1960s saw continued expansion of Diamond Alkali. A facility was opened in Delaware City, Delaware and additional chemical companies were purchased, including Chemical Process Company of Redwood City, California and the Nopco Chemical Company of New Jersey. In 1967 Diamond Alkali merged with Shamrock Oil and Gas of Amarillo.
When did Diamond Shamrock change its name to Maxus?
In 1979, Diamond Shamrock moved its corporate headquarters to Dallas, where the company’s name was changed to Maxus Energy Corp. in 1987 and its refining and marketing business became a separate entity called the Diamond Shamrock Refining and Marketing Company (later shortened to Diamond Shamrock in 1990).
