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Idemitsu Kosan Snapshot
As long as Japanese drive Toyotas, there will be a role for Idemitsu Kosan. The company is the #2 oil refiner in Japan (behind Nippon Oil). At its four refineries in Japan (processing 640,000 barrels per day) Idemitsu Kosan produces petroleum products, such as gasoline and other fuels, kerosene, and lubricants. It markets its fuel products through a network of 4,600 service stations. Idemitsu Kosan sells heavy oil and jet fuels to industries and kerosene and liquefied petroleum gas (LPG) to the residential sector. The company also has interests in oil exploration and production, as well as coal and uranium. Idemitsu Kosan unified its ethylene production with Mitsui Chemicals in 2010 to promote efficiency.
