Petrol Louisiannais, SA
Petrol Louisiannais, SA | |
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Type | Public company |
Slogan | Illuminant le Future, Powering the Future |
Founded | 1885 |
Location | Toulouse, Garonne-Neuve, Osage |
Key people | Vincent Grosjean, CEO & Director |
Employees | 15,037 |
Industry | Petroleum Products |
Products | Gasoline Diesel Fuel for CFL Telegraph Services Propellant Products for CNEL/ATOE Natural Gas Plastics |
Revenue | €5 million LE (an CCXIII) (roughly equivalent to fiscal 2005) |
Petrol Louisiannais, SA was founded in 1885, and has seen its fortunes wax and wane through the passage of years. Originally located in Côte de Châtaigne, PL relocated its headquarters to Toulouse in the early 20's. The discovery of the oil fields on both sides of the Arkansas river was a boon for PL as much of the oil that was drawn was refined in the Garonne-Neuve before being sent on, across Osage to the NAL.
Until recent decades PL was one of the largeset sellers of petroleum along the Mizouri-Mississippi corridor. A recent backlash of public opinion in Tenisi and Mobile has caused a loss of sales for PL, but the franchising of local sales outlets to local owners has improved public perception.
Petrol Louisiannais has also found an increase in revenue through the development of fuel for CNEL and ATOE. While the fuels developed for these companies are not petroleum based, their knowledge of combustion has been found to be priceless.
Petrol Louisiannais has also found a stronger market in the NAL-SLC since the disruption of oil from Tejas occurred following the ousting of Jorge Bush in 2004.
History
Petrol Louisiannais began with the merger of Petrol du Nord and Or Noir d'Osage in 1885. Petrol Louisiannais was implicated in the Affaire des Tramways, the which involvement nearly bankrupted the company. It was a full five years before the company showed five quarters of profit. In 1996, the firm DuBois et Fils was purchased by Petrol Louisiannais.