JB Oil

25/04/2022

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FRANCO DI MATTEO powered by

24/04/2022

Mobile1

JB Oil Powered by
success 🙌

Franco Di Matteo with years of experience in the class
Known as the Italian Stallion finishes in 1st Place not only in position but points as well taking us through to the 3rd Round on the 02 July 2022 at Redstar Raceway Delmas South Africa








Powered By Idemitsu

The Leading Lubricant From Japan

09/04/2022

09/04/2022

Advertisement & sponsorship

Idemitsu Museum of Arts, two art museums, in Tokyo and Moji, where Idemitsu & Co. was started.
Idemitsu Music prize (出光音楽賞, [1])
Idemitsu Ihatove Trial (出光イーハトーブトライアル, [2][3]), a motorcycle trial
Ultra Idemitsujin, Ultraman characters used in TV commercials.
LCR Honda Idemitsu, competing in the MotoGP class of motorcycle racing.

09/04/2022

Other energy sources

A subsidiary, Idemitsu Alaska Inc., held the original permit for the Wishbone Hill coal mine in southcentral Alaska, from 1991 to 1995.[40] The permit is currently held by Usibelli Coal Mine, Inc.[41]
The company owns four coal mines in Australia producing 10 million tons per year.[31]
It participates in a uranium mine development in Cigar Lake Mine in Canada.[31]
Idemitsu is working on geothermal power in Ōita Prefecture, Japan. The plant will use a binary power generation system that produces electricity from both the steam with a regular turbine and from hot water by vaporizing pentane which then drives a turbine.[42]
Together with Mitsubishi Corporation, Idemitsu plans to mass-produce biofuel from non food crops, using a method developed by Honda and the Research Institute of Innovative Technology for the Earth for converting rice straw and weeds to ethanol fuel. The factory will likely be placed in North America, China or Southeast Asia, where the raw materials are available for a low price.[43]

09/04/2022

Intellectual property

Following a 2009 cross-licensing agreement between LG Display Co., Ltd. and Idemitsu Kosan's OLED materials business,[34] Idemitsu Kosan purchased a 32.73% stake[35] in Global OLED Technology LLC in June 2010.[36] For $100 million,[35] LG purchased Kodak's organic light emitting diode business in December 2009[37] and created Global OLED Technology[38] to administer and develop a portfolio of 2,200 patents based on Kodak research.[39]

09/04/2022

Petrochemical products

Idemitsu Petrochemical runs two petrochemical plants in Chiba and Tokuyama. It produces a variety of basic chemicals supplied to chemical industries, in Japan and abroad. In Europe it markets through Idemitsu Chemicals Europe PLC. Basic chemicals produced includes olefins such as ethylene and propylene, and aromatics like benzene, para-xylene and styrene monomer. It is also a supplier of plastics for uses such as CD pressing and circuit boards.[19][29] The two naphtha crackers can produce up to 997,000 tonnes of ethylene per year.[30]

Lubricants, Idemitsu's first product is a major area.[31] It also produces fluorescent materials for OLED displays.[32] A joint venture with German company BASF, BASF Idemitsu Co. Ltd., produces 1,4-Butanediol for the Japanese market at Idemitsu's Chiba plant.[33] Idemitsu also produces some medical drugs.[8]

09/04/2022

Petroleum

Idemitsu operates 5,250 service stations, many under the Apollo brand.[28]

09/04/2022

Refining

Idemitsu owns four refineries:

Hokkaido Refinery, Hokkaido, 140,000 barrels per day (22,000 m3/d) (as of 2005)[20]
Chiba Refinery, Ichihara, Chiba, 209,000 bbl/d (33,200 m3/d)[21]
Aichi Refinery, Aichi, 160,000 bbl/d (25,000 m3/d)[20]
Tokuyama Refinery, Tokuyama, 120,000 bbl/d (19,000 m3/d)[20]
The Hyogo and Okinawa refineries were closed in 2003 after an agreement that Nippon Oil would supply Idemitsu Kosan with 40,000 barrels per day (6,400 m3/d) of petroleum products. Tokuyama Refinery was shut down in 2014 as scheduled, in conjunction to the Hokkaido Refinery gaining an increase in oil supply.[22][23]

There are 30 operating refineries in Japan with total capacity of 4.83 million barrels per day (768,000 m3/d), giving Idemitsu Kosan a 13% share of the refining capacity.[16] The company claims between 14% and 34% market share for different products.[24]

As of 2008 Idemitsu Kosan is planning to build the Nghi Son Refinery in Vietnam in a joint venture with Kuwait Petroleum International, Vietnamese state-owned PetroVietnam and Mitsui Chemicals. With construction planned to start in 2010, it would be ready in 2013 and become the second in Vietnam after the Dung Quat Refinery. Idemitsu Kosan owns a 35.1% stake in the $6 billion, 200,000 barrels per day (32,000 m3/d) refinery. Idemitsu has opened an office in Hanoi and is considering using the refinery as a base for expanding into Vietnam and surrounding countries.[25][26][27]

09/04/2022

Oil Extraction & Shipping

The daughter company Idemitsu Oil & Gas Co., Ltd. produces about 30,000 barrels (4,800 m3) of crude oil per day. The primary sources is Idemitsus stake in Norwegian oil fields in the North Sea (North Sea oil). The first and largest Snorre oil field has been followed by several more. In the Sea of Japan, Idemitsu has oil platforms in Niigata prefecture near Aga and Iwafune, but the production is small.[16] There are exploration projects in Vietnam, Thailand and Cambodia.[17] In Vietnam, the exploration is together with Russian Zarubezhneft and the Vietnam Oil & Gas Group (Petro Vietnam).[18]

Idemitsu Kosan owns 12 oil tankers for international use.[19]