Edoardo Raffinerie Garrone
Line
- Alessandro Garrone (CEO)
- Edoardo Garrone (Chairman)
ERG is an Italian oil company with headquarters in Milan and the administrative seat in Genoa. The term ERG is composed of the initial letters of his grandfather ( Edoardo Garrone refinery ), founded by Alessandro Garrone, Edoardo Garrone and together the company in 1938 in Genoa.
History
The company was founded on June 2, 1938 by Edoardo Garrone in San Quirico d' Orcia. It was limited at that time still in the trade of petroleum products. In the postwar period, the first oil products from the sediment obtained in the maintenance of ship tankers arriving to control or maintenance work in the harbor. This is pioneering work that pays off in no time. The company is growing from 1947 to 1952 strong. Is it 1947 yet 350 tonnes of oil products obtained are so 1952 more 200,000 tons. The company employs at this time more than 100 people. An important contract with BP (formerly British Petroleum ), signing a 10 year contract in 1958 and the shareholding of BP take the company forward. Due to the increase in oil consumption in the 1960s and the good position of Italy in the Mediterranean, the capacity of San Quirico refinery rises to 1962 to 4.0 Mton / a ERG now employs more than 600 employees. ERG is planning the transportation of oil in newly built Ölpiplines in the economically strong north - western Italy. During the construction of the pipeline the founder Edoardo Garrone died 1963. He was replaced by his son Riccardo who now took over the chairmanship of ERG. In 1967 the project was completed and Arquata Scrivia will be many years the main location of the oil logistics in Italy. In 1971 the project ISAB ( Sicilian Asphalt and Bitumen Industry) is born in Priolo Gargallo. Here is a refinery with 10 Mton / a, whose production is destined for the international market. Through the first oil crisis through the construction was completed in December 1975. The first energy saving measures are born (unleaded petrol and gas oil with a minimum sulfur content). 1980 ERG decided to close the Genoa - refinery (which happened in 1988 ) and shares in the ISAB refinery complex to acquire. 1984 bought ERG 780 branches of " ELF Italiana " and a year later in 1700 stores and wholesale operations of " Chevron Oil Italiana ". Furthermore, ERG involved in refineries in Trecate and Rome, and a depot and the oil system in Savona. ERG Petroli was founded around the commercial wholesale and retail to manage activities. 1993 ERG cooperated with Edison Mission Energy and a partnership agreement of an investment (new construction of a power plant ) of more than 2000 billion lire (more than 1 billion euros ) included. ERG extended so that its lines of business. The company decided to go public and succeeded. In April 2000, the ISAB power plant went with a capacity of 512 MW to the grid and the official entry into the energy market was complete. 2002 ERG and ENI decided to combine two large refineries in order to thereby complete. The end of 2002 was Alessandro Garrone as Chief Executive Officer of ERG. In 2003, Riccardo Garrone from the presidency to his eldest son Edoardo Garrone.