Texas City Oil & Chemical Companies

Oil Companies

Texas City Refining Company

  • 1908: Refinery operations begin
  • 1909: bought by Waters-Pierce Oil Company
  • 1909: bought by SW. Fordyce
  • 1910: Fordyce and H. Clay Pierce formed Pierce Fordyce Oil Association, named the plant Pierce-Fordyce Oil Company
  • 1917: renamed Pierce Oil Corporation
  • 1924: renamed Pierce Petroleum Corporation
  • 1929: Pierce Petroleum Refinery shut down
  • 1930: refinery bought by Sinclair Consolidated Oil Corporation (but not put into production)
  • 1936: refinery bought by Southport Petroleum (in production again)
  • 1941: renamed American-Liberty Oil Company
  • 1942: Defense Plant Corporation (DPC) units built
  • 1944: refinery in production: operated by Southport (American Liberty Oil Company)
  • 1947: part of the land and facilities bought by Sid Richardson
  • 1947: remainder (the Avgas facilities) bought by Petrol Refining Inc.
  • 1949: refinery shut down
  • 1951: renamed Texas City Refining Inc.
  • 1960: bought Sid Richardson refinery and terminal property
  • 1964: one of Texas City Refining Inc. owners, the Grange League Federation, merged with Eastern States Farmers Exchange Inc. to become Agway
  • 1965: Agway merged with another of Texas City Refining Inc.'s owners, the Pennsylvania Farm Bureau, leaving Agway and the Southern States Cooperative (SSC) as owners
  • 1988: Phibro Refining-Texas City Inc. bought refinery and terminal assets from Agway and the SSC
  • 1992: renamed Phibro Energy USA, Inc.
  • 1996: renamed Basis Petroleum, Inc.
  • 1997: bought by Valero Energy Corporation

Terminal Oil & Refining Company

  • 1922: Operations begin
  • 1930: Terminal Oil and Refining Company shut down
  • 1930: refinery bought by Atlantic Pipe Line Company
  • 1930: refinery bought by Stone brothers of Houston, became Stone Oil Company
  • 1948: bought by Pan American Refining Company

Knox Process Corporation

  • 1924: built refinery
  • 1926: renamed Petroleum Conversion Corporation
  • 1930: went into receivership

Republic Oil Refining Company

  • 1931: Operations begin
  • 1944: DPC units built and operating
  • 1957: bought by Plymouth Oil Company.
  • 1962: bought by Marathon Oil Company
  • 1982: Marathon Oil bought by U.S. Steel
  • 1991: U.S. Steel renamed USX Corporation
  • 2001: USX restructuring, creating USX-Marathon Group and USX-US Steel Group

Pan American Refining Corporation

  • 1933: Operations begin
  • 1954 renamed American Oil Company
  • 1985 Standard Oil of Indiana renamed Amoco Corporation
  • 1998 Amoco Corporation merges with BP, becomes BP Amoco PLC (Public Limited Company)
  • 2001 BP Amoco plc renamed BP PLC

Seaboard Oil Company

  • 1934: Refinery operations begin
  • 1938: Refinery shut down

Chemical Companies

1936 Union Chemical & Mineral Company

  • 1939: Plant closed
  • 1941: Carbide and Carbon Chemicals Corporation's (subsidiary of Union Carbide and Carbon Corporation) Texas City plant operating
  • 1957: Union Carbide and Carbon Corporation renamed Union Carbide Corporation
  • 2001: Union Carbide Corporation bought by Dow Chemical Company

Monsanto Chemical Company

  • 1942: Plant begins operations in Texas City
  • 1964: Monsanto Chemical Company renamed Monsanto Company
  • 1986: Monsanto's Texas City plant bought by Sterling Group Inc. Sterling Group Inc. creates Sterling Chemicals Inc. to operate the plant
  • 2001: Sterling Chemicals Inc. files for bankruptcy.
  • 2002: Resurgence Asset Management, LLC $60 million equity investment in Sterling Chemicals Inc for holdings of 87%

Texas City Chemicals Incorporated

  • 1953: Phosphate fertilizer plant built
  • 1956: Texas City Chemicals Inc files for bankruptcy
  • 1957: bought by Smith-Douglas Company
  • 1964: Smith-Douglas merges with Borden, Inc.
  • 1977: facilities sold to American Oil Company
  • 1985: American Oil Company (Standard Oil of Indiana) renamed Amoco Corporation
  • 1998: Amoco Corporation merges with BP, becomes BP Amoco plc (public limited company)
  • 1998: BP Amoco Chemical Company operating plant

General Aniline & Film Corporation

  • 1968: Operations begin
  • 1996: Operations shut down

International Minerals & Chemical Corporation

Operations began in 1965.

References

View the Reference Sources page.