Tamin Petroleum and Petrochemical Investment Corporation (TAPPICO) is an Iranian holding company established in 2002 that owns subsidiaries involved in oil, gas, petrochemicals, tires, and other industries. As the main shareholder, Social Security Investment Corporation owns 85% of TAPPICO. TAPPICO has grown significantly since 2002 and owns 32 subsidiaries and affiliated companies involved in oil, gas, petrochemical, tire, and cellulosic industries. TAPPICO is also one of the most diversified petrochemical companies in the world.
The QSE Index rose 0.8% to close at 9,007.2. Gains were led by the Industrials and Banks & Financial Services indices, gaining 1.4% and 1.1%, respectively.
Sponsor: Competition Commission of India New Delhi. January 2009
Team Members
Ashok Desai
Laveesh Bhandari
Ramrao Mundhe
Maj. General Bhupindra Yadav
Special Thanks to
Experts at the Competition Commission of India
Payal Malik
This paper is about the Indian petroleum refining industry. But this industry is extremely open; trade flows are large compared to production. And there is considerable overlap between oil production and refining internationally, and to some extent in India. So we begin with a brief discussion of the international petroleum industry and its components – refining being one of them.
Petroleum is extracted from underground reserves; then it is cracked or “refined” into end products for various uses. The petroleum industry thus has two parts: an oil exploration and production industry upstream and a refinery industry downstream. Most oil producers also own refineries. But the reverse is not true; a high proportion of oil is sold to refinery companies that do not produce crude oil.
Sedimentary rocks in which hydrocarbons are trapped often hold gas, sometimes in association with crude oil and sometimes alone. It consists mostly of methane, which is lighter than air and toxic. It therefore requires airtight tanks for storage and similarly leak-proof pipes or trucks for transport, which raise its capital costs. Associated gas was flared in early years of the industry; it is still flared at remote or minor wells where the cost of its collection and transport would be high, or often reinjected into the oilfield to maintain pressure which forces oil up to the surface. But where the quantities are large enough, natural gas is mined and traded. It is mainly used as an industrial, domestic and vehicular fuel.
Motor vehicles run almost exclusively on petrol and high-speed diesel oil, both fuels derived from mineral oil – although they can be modified to run on certain biofuels. Vehicles are so widely dispersed that they require an extensive distribution system for these two refinery products. As motor vehicle use has spread across the world, it has brought along with it petrol pumps, logistics, storage and supply of fuels. There is thus a third part of the petroleum industry downstream from refineries which distributes the products. It is owned by refineries in most countries. But this is not inevitable. Some countries have distribution chains that are independent of producers and refiners; and in countries which do not have refineries, distribution is undertaken by either local or foreign oil companies.
Oil has collected in pools and seeps for thousands of years. The Chinese are recorded as having extracted oil from wells 800 feet deep through bamboo pipes in 347; they used it to evaporate brine and make salt. American Indians used to put it to medicinal uses. Persians, Macedonians and Egyptians used tars to waterproof ships. Babylonians used asphalt in the eighth century to construct the city’s walls, towers and roads. But the easily available oil was not put to any mass use because the crude itself was not a good fuel; it gave out much soot and smoke. A distillation process using a retort was invented by Rhazes (Muhammad ibn Zakariya Razi) in Persia in the 9th century; liquid heated in it vapourized, passed through a curved spout and condensed in another container. The process could be used to make kerosene; but it was more often used to make alcohol and essence of flowers for perfume. It was a batch process, its fuel consumption was high, and it was not equally efficient at distilling kerosene from all crudes.
A more efficient and reliable distillation process came out of a series of inventions after 1846. The last invention was the invention of oil fractionation in 1854 by Benjamin Silliman, a professor of science in Yale. It used a vertical column which separated components more efficiently, and which could be used continuously.
Oil was first produced in Titusville,
Greetings,
Attached FYI ( NewBase Special 13 May 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Japan’s Cosmo Oil, Spanish Firm Cepsa In Talks For New Abu Dhabi Oilfield Stake
• Saudi Aramco Reiterates It Will Spend To Retain Leading Oil Position
• Enhanced oil recovery projects key for PDO’s sustainability plan
• PDO:Celebration & highlights efforts to improve efficiency, cut waste
• Morocco: Circle Oil spuds LAM-1 well, onshore Morocco
• Denmark: Maersk Oil announces hydrocarbon discovery
• Indonesian: ExxonMobil ramps up output at new oilfield
• Namibia: AziNam announces govt approval of operator status
• Oil extends gains as U.S. crude stocks may drop for second week
• Opec oil output boost keeps supply surplus despite higher demand
• Oil's Not Coming Back. Here's Why
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Buy Indian Oil Corporation for a target of Rs405IndiaNotes.com
During FY14, Indian Oil Corporation (IOC) witnessed 59% YoY rise in net profit to `70.9 bn on account of budgetary support of `371.8 bn in FY14 and a discount of `346.7 bn. The improvement in refining margins could create value for shareholders, going forward.
The QSE Index rose 0.8% to close at 9,007.2. Gains were led by the Industrials and Banks & Financial Services indices, gaining 1.4% and 1.1%, respectively.
Sponsor: Competition Commission of India New Delhi. January 2009
Team Members
Ashok Desai
Laveesh Bhandari
Ramrao Mundhe
Maj. General Bhupindra Yadav
Special Thanks to
Experts at the Competition Commission of India
Payal Malik
This paper is about the Indian petroleum refining industry. But this industry is extremely open; trade flows are large compared to production. And there is considerable overlap between oil production and refining internationally, and to some extent in India. So we begin with a brief discussion of the international petroleum industry and its components – refining being one of them.
Petroleum is extracted from underground reserves; then it is cracked or “refined” into end products for various uses. The petroleum industry thus has two parts: an oil exploration and production industry upstream and a refinery industry downstream. Most oil producers also own refineries. But the reverse is not true; a high proportion of oil is sold to refinery companies that do not produce crude oil.
Sedimentary rocks in which hydrocarbons are trapped often hold gas, sometimes in association with crude oil and sometimes alone. It consists mostly of methane, which is lighter than air and toxic. It therefore requires airtight tanks for storage and similarly leak-proof pipes or trucks for transport, which raise its capital costs. Associated gas was flared in early years of the industry; it is still flared at remote or minor wells where the cost of its collection and transport would be high, or often reinjected into the oilfield to maintain pressure which forces oil up to the surface. But where the quantities are large enough, natural gas is mined and traded. It is mainly used as an industrial, domestic and vehicular fuel.
Motor vehicles run almost exclusively on petrol and high-speed diesel oil, both fuels derived from mineral oil – although they can be modified to run on certain biofuels. Vehicles are so widely dispersed that they require an extensive distribution system for these two refinery products. As motor vehicle use has spread across the world, it has brought along with it petrol pumps, logistics, storage and supply of fuels. There is thus a third part of the petroleum industry downstream from refineries which distributes the products. It is owned by refineries in most countries. But this is not inevitable. Some countries have distribution chains that are independent of producers and refiners; and in countries which do not have refineries, distribution is undertaken by either local or foreign oil companies.
Oil has collected in pools and seeps for thousands of years. The Chinese are recorded as having extracted oil from wells 800 feet deep through bamboo pipes in 347; they used it to evaporate brine and make salt. American Indians used to put it to medicinal uses. Persians, Macedonians and Egyptians used tars to waterproof ships. Babylonians used asphalt in the eighth century to construct the city’s walls, towers and roads. But the easily available oil was not put to any mass use because the crude itself was not a good fuel; it gave out much soot and smoke. A distillation process using a retort was invented by Rhazes (Muhammad ibn Zakariya Razi) in Persia in the 9th century; liquid heated in it vapourized, passed through a curved spout and condensed in another container. The process could be used to make kerosene; but it was more often used to make alcohol and essence of flowers for perfume. It was a batch process, its fuel consumption was high, and it was not equally efficient at distilling kerosene from all crudes.
A more efficient and reliable distillation process came out of a series of inventions after 1846. The last invention was the invention of oil fractionation in 1854 by Benjamin Silliman, a professor of science in Yale. It used a vertical column which separated components more efficiently, and which could be used continuously.
Oil was first produced in Titusville,
Greetings,
Attached FYI ( NewBase Special 13 May 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Japan’s Cosmo Oil, Spanish Firm Cepsa In Talks For New Abu Dhabi Oilfield Stake
• Saudi Aramco Reiterates It Will Spend To Retain Leading Oil Position
• Enhanced oil recovery projects key for PDO’s sustainability plan
• PDO:Celebration & highlights efforts to improve efficiency, cut waste
• Morocco: Circle Oil spuds LAM-1 well, onshore Morocco
• Denmark: Maersk Oil announces hydrocarbon discovery
• Indonesian: ExxonMobil ramps up output at new oilfield
• Namibia: AziNam announces govt approval of operator status
• Oil extends gains as U.S. crude stocks may drop for second week
• Opec oil output boost keeps supply surplus despite higher demand
• Oil's Not Coming Back. Here's Why
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Buy Indian Oil Corporation for a target of Rs405IndiaNotes.com
During FY14, Indian Oil Corporation (IOC) witnessed 59% YoY rise in net profit to `70.9 bn on account of budgetary support of `371.8 bn in FY14 and a discount of `346.7 bn. The improvement in refining margins could create value for shareholders, going forward.
OBU – Oxford Brookes University BSc Honours in Applied Accounting.Academic Mania
Topic 8: The Business and Financial Performance of an Organization over a three year period.’
Oxford Brookes (OBU) ACCA Applied Accounting RAP Thesis For
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World Class Benchmarking: Petron Corporation is the largest oil refining company in the Philippines, and also a leader in the downstream oil industry.
Learn more at: http://becomeabetterinvestor.net/blog/petron-corporation/
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
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Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
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Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
3. TAPPICO.com 3
Tamin Petroleum and Petrochemical Investment
Corporation (TAPPICO) (Limited), initially named
Abadan Oil Refining Company (Limited), was
establishedin2002.Aftertwonamechangesand
finally emerging with Tamin Oil and Gas holding
company, the company has been registered as
Tamin Petroleum and Petrochemical Investment
Corporation (TAPPICO). The company’s shares
were offered in the Tehran Stock Exchange
(TSE) in 2012 and Social Security Investment
Corporation (SSIC, known as Shasta), having
ownership of 85%, is the main shareholder of
TAPPICO.
Owning 32 subsidiaries and affiliated companies,
in the four main areas of businesses, including
oil and gas, petrochemical, tire and cellulosic
industries, TAPPICO plays a significant role in
the production and job creation in the country.
TAPPICO is ranked as one of the diversified
petrochemical companies in the world by
producing a wide range of different products,
specially 10 out of 12 petrochemical products
in the global index of petrochemical products
(IPEX). Furthermore, the profitability of TAPPICO
increased by annual average of 80% from 2008
to 2012.
Company
Overview
TAPPICOTATATATATATATATATATATATATAPPPPPPPPICO
Tamin Petroleum
& Petrochemical Investment Co.
4. TAPPICO.com4
ThemissionofTappicoistomeetallpoliciesoftheSocial
Security investment company (SSIC) in order to enhance
and sustain long-term profitability and value creation
for shareholders through both domestic and foreign
investments in oil, gas and petrochemical industries
and to govern professionally its subsidiaries. Tappico
indeed believes in this way to achieve the objectives
of all stakeholders, pay attention to the principles of
scientific management, environmental requirements and
regulations, occupational health and safety, and other
laws of governing in Iran
The main vision of TAPPICO is to become a global
company with international competitiveness and ability to
provide the most value for stakeholders.
Investment on profitable shares of petrochemical , oil &
gas companies
Exploring the new opportunities in the related industries
Acquisitions of companies in order to complete the value
chain
Parenting the subsidiaries
Mission and Vision
Main Activities
5. TAPPICO.com 5
Capabilities and
Advantages
PositiveoutlookforsharevalueofTAPPICObyimplementation
of projects, especially Persian Gulf Star oil refinery.
Ranked in top 97 in the world and top 7 in the Middle East
and Africa by considering sales criteria in 2014 in the ranking of
the world’s top petrochemical companies carried out by ICIS.
Achievable prospect in the ongoing profitability by variety of
projects over 12 billion euros.
Aggregation of about 60% of holding’s profit on methanol,
olefin and polyolefin plants in accordance with the global
industry trends.
The strategic intent of the board of directors to significantly
develop and accelerate profitable growth.
The Portfolio is concentrated on gas-based petrochemical
plants.
Taking advantage of diversified portfolio of products (10 out
of 12 recognized by IPEX index)
Availability of high potential capacity to change the liquid-
based plants into gas-based plants, by utilization of South Pars
Phases in the future.
The majority of the subsidiaries (petrochemical & refinery
plants) have closely been located in exporting ports and
within the petrochemical special economic zones.
Access to the low cost feed-stocks in Iran, as the world’s
second largest gas source, is a significant advantage of oil, gas
and petrochemical industries.
13. TAPPICO.com 13
One of the world’s largest condensate refineries
(Feed: 360 thousand barrel per day)
Investment of 3.8 billion euros
Production of light products
Daily production of 36.5 million liter of gasoline-
euro IV
Daily production of 14 million liter of gasoil
The privileged position to export products
Promising a favorable prospect for TAPPICO’s
share value in the future by start up of the project
Characteristics of Persian
Gulf Star Oil Refinery