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Reference for BusinessCompany History IndexReference for Business » Company History Index » Petroleum
Caltex Petroleum Corporation - Company Profile, Information, Business Description, History, Background Information on Caltex Petroleum Corporation

P.O. Box 619500
Dallas, Texas 75261-9500
U.S.A.
Company Perspectives:

"We are committed to delivering superb service and top quality products, and we will rely on our tradition of innovation to do more than satisfy customers; we intend to win their loyalty. Our core beliefs of people, service and value are the foundation of a new Caltex--a service-driven, innovative marketer that consistently meets or exceeds the expectations of its retail, industrial and commercial customers. This is the spirit by which we live, work and measure our performance."

History of Caltex Petroleum Corporation

Caltex Petroleum Corporation is the world's largest and most successful joint venture in business history. The company's revenues are larger than such well-known oil firms as Unocal, Phillips, and USX-Marathon, and its assets are greater than its closest rival, the huge Royal Dutch/Shell Group. Formed by Chevron Corporation and Texaco, Inc. in 1936, the company refines, produces and markets a wide array of petroleum and convenience products. Caltex Petroleum holds equity interests in 14 fuel refineries, 17 lubricant blending plants, six grease plants, two lubricant refineries, and 526 ocean depots and terminals. In addition to its thousands of branded retail outlets and gas stations, Caltex also provides fueling services at 38 airports and 103 saltwater ports in 22 countries around the world. The company has a major presence in East Africa, South Africa, East Asia, China, the Middle East, Southeast Asia, and the South Pacific, and is the only international petroleum firm that operates in all major Asian markets. With a well-trained and highly efficient international work force of approximately

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