Corporate Office HQ

Chemicals

Koch Industries Corporate Office

Fred C. Koch formed the Winkler-Koch Engineering Firm with MIT classmate, Lewis E. Winkler. The partners developed a more efficient thermal cracking process for turning crude oil into gasoline. They were sued for patent infringement and were unable to continue to work in the United States. The partners opened 15 cracking units in Russia between 1929 and 1932.

In 1940 Koch joined new partners to form the company Wood River Oil Company. Fred’s son Frank joined the company in 1961 and became president the next year following the death of his father.

The company changed its name to Koch Industries to honor Frank Koch after his death.

In 1969 Koch Industries acquired a majority interest in Great Northern Oil Company.

In 1980 Koch Chemical Technology Group is formed.

In 1992 Koch acquired a $100 million portfolio from Chrysler, putting Koch in the municipal finance business. By the end of the decade, Koch Financial Corp. had #1 billion in assets.

Today Koch Industries operates in diverse industries, including refining and chemicals, process and pollution control equipment, and technologies, fibers and polymers, commodity and financial trading, and forest and consumer products. Its Flint Hills Resources subsidiary owns three refineries that together process more than 800,000 barrels of crude oil daily.

Koch Industries is #2 on the Forbes list of America’s Largest Private Companies. Koch has 67,000 employees and had $100 billion in revenue in 2011.

Koch Industries

Fred C. Koch formed the Winkler-Koch Engineering Firm with MIT classmate, Lewis E. Winkler. The partners developed a more efficient thermal cracking process for turning crude oil into gasoline. They were sued for patent infringement and were unable to continue to work in the United States. The partners opened 15 cracking units in Russia between 1929 and 1932.

In 1940 Koch joined new partners to form the company Wood River Oil Company. Fred’s son Frank joined the company in 1961 and became president the next year following the death of his father.

The company changed its name to Koch Industries to honor Frank Koch after his death.

History

In 1969 Koch Industries acquired a majority interest in Great Northern Oil Company.

In 1980 Koch Chemical Technology Group is formed.

In 1992 Koch acquired a $100 million portfolio from Chrysler, putting Koch in the municipal finance business. By the end of the decade, Koch Financial Corp. had #1 billion in assets.

Today Koch Industries operates in diverse industries, including refining and chemicals, process and pollution control equipment, and technologies, fibers and polymers, commodity and financial trading, and forest and consumer products. Its Flint Hills Resources subsidiary owns three refineries that together process more than 800,000 barrels of crude oil daily.

Koch Industries is #2 on the Forbes list of America’s Largest Private Companies. Koch has 67,000 employees and had $100 billion in revenue in 2011.

DuPont Corporate Office

E.I. du Pont de Nemours and Company (DuPont) was founded in 1802 as a gunpowder mill by Eleuthere Irenee du Pont two years after he arrived in the United States with his family. They had fled France to escape the French Revolution.

Du Pont started his gunpowder manufacturer because he noticed that the gunpowder industry in the United States was lagging behind Europe. By the mid-nineteenth century DuPont had become the largest supplier of gunpowder to the U.S. military. It supplied half of the gunpowder used by the Union Army in the American Civil War.

From 1902 to 1912 DuPont expanded into dynamite and smokeless powder. They became so powerful through the acquisition of several small chemical companies that the U.S. Supreme Court ruled that they must divest. This led to the creation of the Hercules Powder Company and the Atlas Powder Company.

In 1928 DuPont scientist Wallace Carothers invented neoprene, the first synthetic rubber, and nylon in 1935. Teflon followed several years later.

In the 1950s and 1960s DuPont developed Mylar, Dacron, Orlon, Lycra, Tyvek, Nomex, Qiana, Corfam, and Corian.

They were instrumental in the testing and development of modern body armor, which led ultimately to the bullet-resistant vests worn by police and military in the industrialized world.

Today DuPont is a global science company with more than 70,000 employees. Their revenue for 2012 was $34.812 billion.

DuPont

E.I. du Pont de Nemours and Company (DuPont) was founded in 1802 as a gunpowder mill by Eleuthere Irenee du Pont two years after he arrived in the United States with his family. They had fled France to escape the French Revolution.

Du Pont started his gunpowder manufacturer because he noticed that the gunpowder industry in the United States was lagging behind Europe. By the mid-nineteenth century DuPont had become the largest supplier of gunpowder to the U.S. military. It supplied half of the gunpowder used by the Union Army in the American Civil War.

From 1902 to 1912 DuPont expanded into dynamite and smokeless powder. They became so powerful through the acquisition of several small chemical companies that the U.S. Supreme Court ruled that they must divest. This led to the creation of the Hercules Powder Company and the Atlas Powder Company.

History

In 1928 DuPont scientist Wallace Carothers invented neoprene, the first synthetic rubber, and nylon in 1935. Teflon followed several years later.

In the 1950s and 1960s DuPont developed Mylar, Dacron, Orlon, Lycra, Tyvek, Nomex, Qiana, Corfam, and Corian.

They were instrumental in the testing and development of modern body armor, which led ultimately to the bullet-resistant vests worn by police and military in the industrialized world.

Today DuPont is a global science company with more than 70,000 employees. Their revenue for 2012 was $34.812 billion.

Dow Chemical Corporate Office

The Dow Chemical Company (Dow) was founded in 1897 by a chemist named Herbert Henry Dow. In the beginning he sold only bleach and potassium bromide, which he extracted from underground brine with a new method that he invented.

In 1904 and 1905 British manufacturers of bleach and German manufacturers of bromide tried to undercut his prices to force him out of business and stop his expansion to Europe. He outsmarted them both times and learned that he had to diversify his product line rapidly to protect his company.

Within twenty years Dow had become a major producer of agricultural chemicals, elemental chlorine, phenol, and magnesium metal.

During WWI Dow Chemical supplied in the United States many materials previously imported from Germany.

In the 1930s Dow began to produce plastic resins, which would eventually become one of its major businesses.

During the 1940s and 1950s, Dow began to expand internationally. This proved to be very profitable, and Dow reached $1 billion in sales in 1964, $2 billion in 1971, and $10 billion in 1980.

During the Vietnam War, Dow manufactured napalm, which was used to make napalm bombs dropped on North Vietnam. The company also manufactured Agent Orange, a chemical defoliant containing dioxin.

During the 1990s and 2000s Dow went through several restructurings.

Today Dow manufactures plastics, chemicals, and agricultural products. Dow has a presence in 160 countries, has 54,000 employees, trades on the NYSE under the symbol DOW, is part of the S&P 500, and had revenue of $58.76 billion in 2012.

 

The Dow Chemical Company

The Dow Chemical Company (Dow) was founded in 1897 by a chemist named Herbert Henry Dow. In the beginning he sold only bleach and potassium bromide, which he extracted from underground brine with a new method that he invented.

In 1904 and 1905 British manufacturers of bleach and German manufacturers of bromide tried to undercut his prices to force him out of business and stop his expansion to Europe. He outsmarted them both times and learned that he had to diversify his product line rapidly to protect his company.

Within twenty years Dow had become a major producer of agricultural chemicals, elemental chlorine, phenol, and magnesium metal.

History

During WWI Dow Chemical supplied in the United States many materials previously imported from Germany.

In the 1930s Dow began to produce plastic resins, which would eventually become one of its major businesses.

During the 1940s and 1950s, Dow began to expand internationally. This proved to be very profitable, and Dow reached $1 billion in sales in 1964, $2 billion in 1971, and $10 billion in 1980.

During the Vietnam War, Dow manufactured napalm, which was used to make napalm bombs dropped on North Vietnam. The company also manufactured Agent Orange, a chemical defoliant containing dioxin.

During the 1990s and 2000s Dow went through several restructurings.

Today Dow manufactures plastics, chemicals, and agricultural products. Dow has a presence in 160 countries, has 54,000 employees, trades on the NYSE under the symbol DOW, is part of the S&P 500, and had revenue of $58.76 billion in 2012.

 

Valero Energy Corporate Office

Valero Energy Corporation is a manufacturer and marketer of power, transportation fuels, and petrochemicals.

The company was created as a spinoff of Coastal States Gas Corporation in 1980 and at the time was the largest corporate spinoff in history.

Valero immediately took over the natural gas operations of LoVaca Gathering Company. The company acquired its first oil refinery in 1984.

The company grew, acquiring companies with refineries all over the world, as well as hundreds of gas stations.

Today Valero owns 16 petroleum refineries with a daily capacity of 3 million barrels and almost 2,000 gas stations over the U.S. Canada, U.K., Aruba, and Ireland under the names Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco.

Valero is traded on the New York Stock Exchange under the symbol VLO, is part of the S&P 500, has 10,222 employees, and had $125.987 billion in revenue in 2011.

Valero Energy Corporation

Valero Energy Corporation is a manufacturer and marketer of power, transportation fuels, and petrochemicals.

The company was created as a spinoff of Coastal States Gas Corporation in 1980 and at the time was the largest corporate spinoff in history.

Valero immediately took over the natural gas operations of LoVaca Gathering Company. The company acquired its first oil refinery in 1984.

History

The company grew, acquiring companies with refineries all over the world, as well as hundreds of gas stations.

Today Valero owns 16 petroleum refineries with a daily capacity of 3 million barrels and almost 2,000 gas stations over the U.S. Canada, U.K., Aruba, and Ireland under the names Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco.

Valero is traded on the New York Stock Exchange under the symbol VLO, is part of the S&P 500, has 10,222 employees, and had $125.987 billion in revenue in 2011.

Phillips 66 Corporate Office

Phillips 66 is a holding company that produces natural gas liquids and petrochemicals.

The company was founded in 1917 as Phillips Petroleum Company by L.E. Phillips and Frank Phillips of Oklahoma.

The first Phillips 66 gas station opened in Wichita, Kansas in 1927.

For the next 40 years, Phillips 66 expanded to have gas stations throughout the  United States as well as in Canada.

In 1967 the company became only the second oil company, after Texaco, to sell and market gasoline in all 50 states.

In 2002 Phillips 66 merged with Conoco to form the new company ConocoPhillips.

In 2012 Phillips 66 was spun off from ConocoPhillips. The company began trading on the New York Stock exchange on May 1, 2012.

Today Phillips 66 owns 15 refineries in five countries with a net crude capacity of 2.2 million barrels per day. It also owns 50% of DCP Midstrem, LLC,  natural gas company, and a 50% stake in Chevron Phillips Chemical Co.

Phillips 66 is ranked #4 in the Fortune 500, is a member of the S&P 500, has 13,500 employees, and had $182.92 billion in revenue in 2012.

Phillips 66

Phillips 66 is a holding company that produces natural gas liquids and petrochemicals.

The company was founded in 1917 as Phillips Petroleum Company by L.E. Phillips and Frank Phillips of Oklahoma.

The first Phillips 66 gas station opened in Wichita, Kansas in 1927.

History

For the next 40 years, Phillips 66 expanded to have gas stations throughout the  United States as well as in Canada.

In 1967 the company became only the second oil company, after Texaco, to sell and market gasoline in all 50 states.

In 2002 Phillips 66 merged with Conoco to form the new company ConocoPhillips.

In 2012 Phillips 66 was spun off from ConocoPhillips. The company began trading on the New York Stock exchange on May 1, 2012.

Today Phillips 66 owns 15 refineries in five countries with a net crude capacity of 2.2 million barrels per day. It also owns 50% of DCP Midstrem, LLC,  natural gas company, and a 50% stake in Chevron Phillips Chemical Co.

Phillips 66 is ranked #4 in the Fortune 500, is a member of the S&P 500, has 13,500 employees, and had $182.92 billion in revenue in 2012.