Rubis (company)
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Rubis is a France-based international company specialized in the storage, distribution and sale of
petroleum Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crud ...
,
liquefied petroleum gas Liquefied petroleum gas (LPG or LP gas) is a fuel gas which contains a flammable mixture of hydrocarbon gases, specifically propane, propylene, butylene, isobutane and n-butane. LPG is used as a fuel gas in heating appliances, cooking e ...
(LPG),
food Food is any substance consumed by an organism for nutritional support. Food is usually of plant, animal, or fungal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is inge ...
and
chemical products Products are the species formed from chemical reactions. During a chemical reaction, reactants are transformed into products after passing through a high energy transition state. This process results in the consumption of the reactants. It can be a ...
. Rubis is market leader in France,
Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...
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,
Jamaica Jamaica (; ) is an island country situated in the Caribbean Sea. Spanning in area, it is the third-largest island of the Greater Antilles and the Caribbean (after Cuba and Hispaniola). Jamaica lies about south of Cuba, and west of His ...
,
Madagascar Madagascar (; mg, Madagasikara, ), officially the Republic of Madagascar ( mg, Repoblikan'i Madagasikara, links=no, ; french: République de Madagascar), is an island country in the Indian Ocean, approximately off the coast of East Africa ...
,
Morocco Morocco (),, ) officially the Kingdom of Morocco, is the westernmost country in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, and has land borders with Algeria to ...
,
French Antilles The French West Indies or French Antilles (french: Antilles françaises, ; gcf, label=Antillean Creole, Antiy fwansez) are the parts of France located in the Antilles islands of the Caribbean: * The two overseas departments of: ** Guadeloup ...
-
Guiana The Guianas, sometimes called by the Spanish loan-word ''Guayanas'' (''Las Guayanas''), is a region in north-eastern South America which includes the following three territories: * French Guiana, an overseas department and region of France * ...
,
Senegal Senegal,; Wolof: ''Senegaal''; Pulaar: 𞤅𞤫𞤲𞤫𞤺𞤢𞥄𞤤𞤭 (Senegaali); Arabic: السنغال ''As-Sinighal'') officially the Republic of Senegal,; Wolof: ''Réewum Senegaal''; Pulaar : 𞤈𞤫𞤲𞤣𞤢𞥄𞤲𞤣𞤭 ðž ...
the
Channel Islands The Channel Islands ( nrf, Îles d'la Manche; french: îles Anglo-Normandes or ''îles de la Manche'') are an archipelago in the English Channel, off the French coast of Normandy. They include two Crown Dependencies: the Bailiwick of Jersey, ...
and
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. The company's business are carried on by a number of subsidiaries, including Coparef, Rubis Terminal, Vitogaz, Kelsey Gas Ltd, Lasfargaz, La Collette Terminal, among others.


History

In 1990, Gilles Gobin founded Rubis Investment & Cie. In June 1992, it purchased and then merged with the investment company Penhoët to form Rubis. In April 1993 it acquired the hydrocarbons and chemicals storage company Compagnie Parisienne des Asphaltes (CPA), one of the leaders operators in the French market, which was later renamed Rubis Terminal. In August 1994, it took control of the LPG distributor Vitogaz. With the new owner, Vitogaz expanded internationally. On January 12, 1995, the company was listed on the
Euronext Euronext N.V. (short for European New Exchange Technology) is a pan-European bourse that offers various trading and post-trade services. Traded assets include regulated equities, exchange-traded funds (ETF), warrants and certificates, bonds, de ...
. In October 2001, while continuing its international expansion, Rubis purchased oil-storing subsidiary Pétrofrance's Propétrol. In 2005, it purchased
Shell Shell may refer to: Architecture and design * Shell (structure), a thin structure ** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses ** Thin-shell structure Science Biology * Seashell, a hard ou ...
's distributor of LPG and petroleum products in the
West Indies The West Indies is a subregion of North America, surrounded by the North Atlantic Ocean and the Caribbean Sea that includes 13 independent island countries and 18 dependencies and other territories in three major archipelagos: the Greater A ...
and in French Guiana, SAGF, at a cost of 116 million euros. During the next years, it continued the acquisition of other Shell's operations in Europe, Africa and America. In October 2006, Rubis and BP formed Frangaz, a 50:50
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...
, to distribute liquified petroleum gas fuel in France. In 2010, Rubis acquired the 50 percent of BP in Frangaz. That same year, it purchased the activities of
Chevron Chevron (often relating to V-shaped patterns) may refer to: Science and technology * Chevron (aerospace), sawtooth patterns on some jet engines * Chevron (anatomy), a bone * ''Eulithis testata'', a moth * Chevron (geology), a fold in rock lay ...
in the
Caribbean The Caribbean (, ) ( es, El Caribe; french: la Caraïbe; ht, Karayib; nl, De Caraïben) is a region of the Americas that consists of the Caribbean Sea, its islands (some surrounded by the Caribbean Sea and some bordering both the Caribbean Se ...
. During the next years it also acquired the downstream operations of the company in the region. On 16 November 2010, it took control of BP operations in
Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...
and sealed a long-term agreement with that company. In January 2012, it acquired a 50 percent stake in the
Turkish Turkish may refer to: *a Turkic language spoken by the Turks * of or about Turkey ** Turkish language *** Turkish alphabet ** Turkish people, a Turkic ethnic group and nation *** Turkish citizen, a citizen of Turkey *** Turkish communities and mi ...
company Delta Petrol. In July 2012, it announced the selling of the LPG operations in Senegal and
Czech Republic The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The ...
. In Jamaica, Rubis acquired the assets of
Shell Shell may refer to: Architecture and design * Shell (structure), a thin structure ** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses ** Thin-shell structure Science Biology * Seashell, a hard ou ...
in January 2013 ending its 90-year dominance there.


Divisions


Rubis Terminal

It centers on industrial liquid storage activities for international clients. It includes petroleum, chemicals and food products.


Rubis Energie

It specializes in the distribution of petroleum products, mainly LPG. They are sold as bottled gas or in bulk under the Vitogaz brand.


References


External links

{{authority control Companies based in Paris Companies listed on Euronext Paris Retail companies of France 1990 establishments in France