BP Amoco Chemical Co.

Private Subsidiary, Headquarters Location
150 W Warrenville Rd., Naperville, IL 60563-8473, United States
(877)701-2726, (630)420-5111, (630)961-7700 fax, http://www.bpchemicals.com

Primary SIC: Crude Petroleum And Natural Gas, Primary NAICS: Crude Petroleum and Natural Gas Extraction
Description: Mining: Manufacturing: Industrial chemicals, plastics, fibers, textiles, gas and oil products.BP Amoco was the result of the merger of two companies Amoco and The British Petroleum Company, Inc. and ranks 3rd only behind Exxon and Dutch/Shell. BP Amoco believes that once they acquire Atlantic Richfield Company, their size and ranking will be even higher. The first company, British Petroleum Company p.l.c. was founded in 1901 and was one of Britain's biggest companies and one of the world's largest oil and petrochemicals groups after time. When they were first founded, their primary focus was the Middle East. It took several years to achieve that recognition since the company was unable to discover the first commercial quantities of oil. It wasn't until 1908 that British Petroleum discovered the first commercial oil in the Middle East. The Middle East continued to be the primary focus for the first six decades until the late 1960's, British Petroleum Company's focus changed to the United States and Britain. Today British Petroleum's international company has operations in 70 countries and their key strengths are in oils and gas exploration and production; refining, marketing and supply of Petroleum products; and the manufacturing and marketing of chemicals. The way British Petroleum supports all of its businesses is with high quality research and technology. The second company of this merger was Amoco Corporation. Amoco Corporation was initially founded in 1889 and was incorporated as Standard Oil Company in Indiana. In 1910 a major factor helped in the advancement of the Amoco, the manufacturing of automobiles. In 1910, there were only 8,000 vehicles but by 1911 the number of automobiles increased to 450,000 and Amoco was selling 88% of all the kerosene and gasoline in the Midwest. By 1912, Amoco opened it first service station in Minneapolis, Minnesota to service the large number of automobiles. Also in 1912, Amoco received a patent for a process they had developed called thermal cracking process. The discovery of this process could double the yield