Looking at sales by segment for 2007, sales in our oil business which includes our main fuel sales business, LP gas business, petrochemicals business, and export/trading business increased 5.7% over the previous year to 3.47 yen trillion due to factors such as increased sales of gasoline and strong export results of diesel oil. Our real estate business, which includes leasing office building space, posted sales of 4.2 yen billion (a 0.3% decrease from the previous year). Our CIS solar powered cells business, power generation business at our large-scale natural gas fired power plant, and other businesses listed under the "other businesses" category, most of which are in the preliminary stages of scaling up to full operations.
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Business Overview |
- Sales of gasoline, diesel oil, and automotive lubricants.
- Sales of kerosene for home-use.
- Sales of fuel for industrial use.
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We are developing service stations that meet the needs of customers in different regions and promoting the enhancement of the competitiveness of existing service stations. Additionally, we are pursuing new business development with service stations connected to shopping centers and convenience store models. Thus, in 2007 we were again able to increase our market share of gasoline sales in Japan. |
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Business Overview |
- Production and sales of next generation CIS solar powered cells
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Construction of the Miyazaki Plant (1st plant, annual production of 20 Megawatt worth of modules) of Showa Shell Solar K.K. was completed. Commercial production began in July 2007. We have begun construction of a second plant to meet the worldwide strong demand for solar powered cells. We are moving the project along with the aim of putting the plant into operation in the first half of 2009. |
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Business Overview |
- Production and sales of Clean Propane used in homes and commercial stores.
- Production and sales of Clean Auto for automobiles.
- Production and sales of Clean Butane for industrial and consumer gas applications and as a raw material for chemical products.
- Production and sales of Clean Mix, a mixture of propane and butane.
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In December 2007, we concluded a basic agreement with Sumitomo Corporation to integrate the two companies' LP gas businesses. Based on that agreement, Enessance Holdings Co., Ltd. is to be established in July 2008 as a holding company to administer LP gas marketing subsidiaries. |
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Business Overview |
- Production and sales of mixed xylene.
- Production and sales of benzene.
- Production and sales of propylene.
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In the field of xylene, we established a joint venture in the paraxylene business with Teijin Fibers Ltd and Mitsubishi Corporation. The company started sales in April 2008. To reinforce our production capacity of mixed xylene, we will construct an additional Continuous Catalytic Regenerator (CCR) at group company Seibu Oil Co., Ltd., aiming to start operation by the end of 2009. |
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Business Overview |
- Export of diesel oil and other oil related products.
- Cargo trade focusing on naphtha (this business has been leased to the Shell Group as of August 2007).
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Operation of our trading business focusing on naphtha was integrated with the Shell Group in August 2007 to make more effective use of the Shell Group global network. |
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Business Overview |
- Production and sales of lubricants and greases.
- Production and sales of bitumen for road paving, compounds for civil engineering foundation work, and other road and construction material products.
- Sales of fuel and lubricants for jets and tankers.
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We are promoting the development of high value-added products including diesel engine oil that reduces environmental impact through energy conservation and long service life and environmentallyfriendly bitumen that helps prevent the heat island phenomenon. |
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