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What is Amoco Chemical Company mean?
Amoco is a brand of petrol stations operating in the eastern United States, and owned by British company BP since 1998. The "Amoco Corporation" (, originally "Standard Oil Company of Indiana" until 1985) was an American chemical and oil company that was founded in 1889, around a refinery located in Whiting, Indiana, United States. Part of the Standard Oil Trust, it focused on gasoline for the new automobile market. In 1911, during the breakup of the trust, it became an independent corporation. Incorporated in Indiana, it was headquartered in Chicago. Amoco merged operations with BP in 1998.
Although the Amoco Corporation merged in 1998, the Amoco name was resurrected in 2017 as a brand that service station owners could choose to use when they purchase supplies from BP in selected areas of the United States.
In 1925, Standard Oil of Indiana absorbed the "American Oil Company", founded in Baltimore in 1910, and incorporated in 1922, by Louis Blaustein and his son Jacob. The combined corporation operated or licensed gas stations under both the Standard name and the American or Amoco name (the latter from American oil company) and its logo using these names became a red, white and blue oval with a torch in the center. By the mid-twentieth century it was ranked the largest oil company in the United States. In 1985, it changed its corporate name to Amoco. Amoco merged with British Petroleum in December 1998 to form BP Amoco, renamed BP in 2001.
The firm's innovations included two essential parts of the modern industry, the gasoline tanker truck and the drive-through filling station. Its "Amoco Super-Premium" lead-free gasoline was marketed decades before environmental concerns led to the eventual phase out of leaded gasoline throughout the United States. Amoco's headquarters were located in the Amoco Building (also called the Standard Oil Building, and nicknamed "Big Stan", now the Aon Center) in Chicago, Illinois.
In October 2017, BP revealed that it would be reintroducing the Amoco name to select US markets. As of August 2018, there were over 100 new Amoco locations in the states of Georgia, New York, New Jersey, Virginia, North Carolina, South Carolina, Michigan, Indiana, Wisconsin, Missouri, Florida, Ohio, Pennsylvania and Illinois.
referenceFull Form | Category |
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AMC Networks | Business |
Amoco Chemical Company | Regional |
Amoco Chemicals Corporation (BP Amoco Chemical) | Regional |
Posted on 15 Dec 2024, this text provides information on Miscellaneous in Regional related to Regional. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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