Empresas Copecis aChileanenergyandforestry companywith a chain ofgas stationsthroughoutChile.

Empresas Copec S.A.
Company typeSociedad Anónima
BCS:COPEC
IndustryEnergy
Founded1934
Headquarters,
Key people
Roberto Angelini Rossi,(Chairman)
Eduardo Navarro Beltrán,(CEO)
ProductsForestry
Fuel
Fishing
Other Investments
RevenueIncreaseUS$22.7 billion(2012)
DecreaseUS$409.6 million(2012)
Number of employees
8,644
ParentAntarChile
SubsidiariesCelulosa Arauco y Constitución,MAPCO Express (USA), Metrogas, among others.
Websiteec.cl

Copec was founded in 1934. The first president of Copec,Pedro Aguirre Cerda,later became president of Chile.[1]Today Roberto Angelini Rossi is the president of Copec.

Copec expanded its activities to the sale of tires and accessories, machinery, and vehicles in 1941. It participated in the formation ofPetroleum Navigation Company(SONAP 1943),National Society Pipeline(SONACOL, 1956).

During the 1970s Copec extended its activities through the purchase ofCelulosa Arauco,Forestal AraucoandCellulose Constitutionlater forming one of its main subsidiariesCelulosa Arauco y Constitución.

Copec founded the Chilean Homeware companyAbcdinin 1950.

In 2016, Copec entered the United States by acquiring MAPCO Express fromDelek US.[2]It was announced in April 2023 that COPEC had sold Mapco Express to the American company Majors Group and the Canadian companyCouche-Tard[3]

References

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Further reading

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  • Bucheli, Marcelo (2010). "Multinational Corporations, Business Groups, and Economic Nationalism: Standard Oil (New Jersey), Royal Dutch-Shell, and Energy Politics in Chile 1913–2005".Enterprise and Society.11(2): 350–399.doi:10.1093/es/khp109.
  • Bucheli, Marcelo (2011). "Empresas multinacionales, grupos económicos y nacionalismo petrolero: Shell, Esso, Copec y el estado chileno, 1913-2005". In Lluch, Andrea; Jones, Geoffrey (eds.).El impacto histórico de la globalización en Argentina y Chile: empresas y empresarios.Buenos Aires: Temas.ISBN978-950-9445-90-1..
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