IP Gruppo api
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  | |
 Gruppo API headquarters | |
| Company type | S.p.A. |
|---|---|
| Industry | Energy Petroleum |
| Founded | 1933 |
| Founder | Ferdinando Peretti |
| Headquarters | , Italy |
Number of locations | 4,525 |
Key people | Ugo Brachetti Peretti (Chairman) |
| Products | Petroleum Petrochemicals |
| Revenue | €6.8 billion[1] (2018) |
| €63 million[2] (2018) | |
| Owner | API Holding (100%) |
Number of employees | 1500[3] (2018) |
| Parent | API Holding |
| Subsidiaries |
|
| Website | www |
Anonima Petroli Italiana S.p.A., also known by the acronym API or Gruppo API, is an Italian oil and energy company headquartered in Rome.[4] It is active in the fuel and mobility[disambiguation needed] services sector through the IP brand.[5][6]
It is a subsidiary of API Holding, 100% owned by the Brachetti Peretti family. The president of API is Ugo Brachetti Peretti and the CEO is Alberto Chiarini.
In 2018 the company totaled €6.8 billion in turnover and €63.1 million in operating profit.[7]
History[edit]
The company was founded in Ancona in 1933 by Ferdinando Peretti.[8] It operates as a strategic coordinator of all API group's activities, through the direct supplying of semi-finished crude oil and assigned in the production, the acquisition of finished products and their transport, the exchanges with other oil companies to optimize the distributive logistics, the complementary activity of trading of crude oil and by-products to clients, and the sale of all the by-products in Italy and to foreign countries. It also is dedicated to operate and develop oil and gas field properties.[9][10] It owns a refinery in Ancona with a capacity of 3.9 million tonnes/year and an electric power plant of 250 MW.
In 2005, API acquired the IP gas station chain from Eni.[11][12] After a few years running the chains in parallel, it switched all its stations to a revamped IP image and supplies in 2012 around 4,200 filling stations (up from around 1,600 at the time of the acquisition) with a market share of 11%.[13]
In 2017, Total and ERG signed an agreement with Anonima Petroli Italiana, to sell the fuel marketing and refining assets in their TotalErg joint venture. Total has stated that the reason behind this divestment is that the Italian fuel market is highly fragmented and the company's expectations for profitability have not been met.[14]
Operations[edit]
The Gruppo API also includes:[4][15][9]
- IP
- API Raffineria di Ancona
- API Energia
- Festival
- APIoil
- API Services
Gruppo API leverages a network of refineries for a total capacity of 5.5 million tonnes per year, including the entirety of the Ancona refinery, a portion of the Sarpom refinery in Trecate (Novara), and contract work at the Alma refinery in Ravenna.
The company derives its revenue from two main sources. Firstly, they distribute semi-finished crude oil products for the petrochemical industry to use in the rubber and other associated industries. These products are being sold in both domestic and international markets. Secondly, the company generates income from the ownership and operations of the IP gas station chain. After purchasing 2,600 gas stations from the company Eni, IP currently manages in 2009 over 4,200 gas stations, which are supported by the company's own oil products.[16]
Starting in July 2021, Gruppo API has incorporated renewable raw materials into its refining process to produce biofuels.
See also[edit]
References[edit]
- ^ https://www.gruppoapi.com/pdf/2019%2003%2008%20-%20CS%20italiana%20petroli%20CDA%20def.pdf
- ^ https://www.gruppoapi.com/pdf/2019%2003%2008%20-%20CS%20italiana%20petroli%20CDA%20def.pdf
- ^ https://www.gruppoapi.com/pdf/2019%2003%2008%20-%20CS%20italiana%20petroli%20CDA%20def.pdf
- ^ a b "Le Sedi". Gruppo api (in Italian). Retrieved 24 September 2017.
- ^ "Il Gruppo". Gruppo api (in Italian). Retrieved 24 September 2017.
- ^ "API (Anonima Petroli Italiana) in "Dizionario di Economia e Finanza"". Treccani (in Italian). Retrieved 8 May 2023.
- ^ "2019 03 08 - CS italiana petroli CDA def.pdf" (PDF). www.gruppoapi.com (in Italian). Retrieved 18 December 2019.
- ^ "La Storia". Gruppo api (in Italian). Retrieved 24 September 2017.
- ^ a b "Company Overview of API Anonima Petroli Italiana Spa". businessweek.com. BusinessWeek. Archived from the original on 17 January 2010. Retrieved 9 September 2012.
- ^ "API ANONIMA PETROLI ITALIANA S.P.A. – API". Listofcompanies.com. Retrieved 9 September 2012.
- ^ "PROVVEDIMENTO N. 14625". www.agcm.it. Retrieved 23 November 2007.
- ^ "Ferdinando Peretti dall'API alla IP - Grandi personaggi - Impresa Oggi". www.impresaoggi.com. Retrieved 28 October 2021.
- ^ "Distribuzione". Gruppo api (in Italian). Retrieved 24 September 2017.
- ^ MarketScreener. "Total and ERG Sell Remaining Joint Venture Assets to Anonima Petroli Italiana | MarketScreener". www.marketscreener.com. Retrieved 29 July 2019.
- ^ "Company Description: API Anonima Petroli Italiana Spa". reuters.com. Reuters. Retrieved 9 September 2012.
- ^ admin. "Anonima Petroli Italiana | oilworldcompanies.com". Retrieved 29 July 2019.
External links[edit]
