Caltex Australia Limited - Profile Company Report Australia

31-12-2012, 12 pages

Caltex Australia Limited is an Australian foreign owned listed public company that refines, wholesales and retails petroleum in Australia. The company employs over 3,600 people throughout its Australian operations and is headquartered in Sydney. The company is listed on the Australian Securities Exchange under the code CTX, and is 50% owned by the US-based Chevron Corporation.

Caltex refines, supplies and markets petroleum, fuels, and related products in Australia. The company operations are divided into the following activities:

Supply, Refining and Logistics

Caltex sources crude oil and refined products on the global market and operates two refining facilities in Australia, Kurnell in New South Wales (to be closed in 2014) and Lytton in Queensland. These refineries produce petrol, bio fuel, diesel, jet fuel, LPG, bitumen and base lubricating oil stocks. Caltex supplies its products via contracted and company-owned transport fleets in addition to its network of terminals, pipelines and depots.

Marketing

Caltex's marketing activities include the operation of service stations and convenience stores, branded Caltex, Caltex Woolworths, Ampol and Star Mart. These service stations retail fuel, automotive products, groceries, fast foods and other goods, and some offer automotive service and car wash facilities. Over 1,100 of the sites are owned or leased by the company, with the remainder operated by distributors or independent resellers.

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