1950s

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    1950s

    1951

    Koa Oil Co, Ltd and Caltex enter into a partnership with Nippon Oil Corporation, the subsidiary of Tokyo Tanker Co., to form the Nippon Petroleum Refining Co., Ltd.

    1951

    Introducing Caltex’s own branded products spurs sales in Australia, New Zealand and South Africa.

    Our large refining presence drives demand for petroleum products, gaining a market position of about 30 per cent in the countries east of Suez.

    1954

    Our Batangas Refinery, our first manufacturing facility in the Phillippines is completed in October.

    This refinery sits on a 300-acre site along the waters of Batangas Bay, about 72 miles south of Manila, and is also our largest single investment to date.

    1956

    In Frankfurt, Germany, we introduce the first European iso-cracking method for production of high-octane gasoline and jet fuels, while construction begins on our Kurnell Refinery in Australia.

    Our new Kurnell Refinery in Australia processes and distributes the increasing production from Caltex Pacific Indonesia’s Minas and Duri fields.

    1958

    After purchasing 40 surplus tankers from the US wartime fleet, Caltex has the world’s 5th largest fleet.