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PetroFina: More than 80 Years of History |
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| May 06, 03 |
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February 25, 1920: An Antwerp-based group of investors founds Compagnie Financière Belge des Pétroles, which soon changes its name to PetroFina - its telegraph address.
It is initially involved in the exploration, production and refining of oil in Romania through the Concordia company. |
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May 1920: PetroFina and Pure Oil of Delaware create Purfina to market petroleum products in Belgium and the Netherlands.
In 1923, Purfina becomes a wholly-owned PetroFina subsidiary. |
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Kerosene, packaged in the Antwerp warehouse, is sold in bottles in grocery stores and accounts for a large share of Purfina's market.
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Seen here moored at the finished product depot in Neder-over-Hembeek, the Président Francqui plied the trade routes with the Far East |
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| In 1923, operations expand to include automotive lubricants, medicinal oils and edible products with the purchase of a plant and small refinery in Ertwelde. |
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