Petroplus Holdings AG · Zug Switzerland ·(Swiss: PPHN)
Company Description
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This link will open in a new window Petroplus Holdings (formerly Petroplus International) handles plus-sized amounts of petroleum. The company, which was founded in 1993 by Marcel van Poecke and Willem Willemstein, specializes in oil refining, storage, and marketing. Petroplus owns refineries in Belgium, France, Germany, Switzerland, and the UK. These refineries have a total capacity of 816,000 barrels per day. RIVR, an investment vehicle jointly owned by US private equity firms Carlyle Group and Riverstone Holdings, spent about $300 million in 2005 to acquire Petroplus and take it private. It went public again in 2006. To read the full description, subscribe now.
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Key Petroplus Holdings AG Financials
| Company Type | Public - Swiss: PPHN Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $97.2 |
| Employees | 1,500 |
Petroplus Holdings AG Executives
11 executives listed for Petroplus Holdings AG's Zug, location.
| Title | Name & Bio | Contact |
| Chairman; CEO, PBF | Thomas O'Malley | Network |
| Vice Chairman | Patrick Monteiro de Barros | Network |
| CEO | Jean-Paul Vettier | Network |
Competition
Competitive Landscape for Petroplus Holdings AG
Demand, largely driven by US consumption of gas and diesel fuel, has been relatively flat in recent years. The profitability of refineries depends on efficient operations and the best mixture of products. Although there are significant economies of scale in refinery operations, a small refinery can compete effectively with large ones if it's located in a favorable market area, or if it produces specialty products that are in high demand. The industry is highly automated: average annual revenue per worker is over $3 million. To read the full description, subscribe now.Top Petroplus Holdings AG Competitors
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