Motor Oil (MHZ)

Overview

Motor Oil (Hellas) Corinth Refineries S.A., established in 1970, stands as a prominent figure in the oil refining and trading sector, boasting operations within Greece and on an international scale. The company is organized into four main segments: Refining Activity, Fuels' Marketing Activity, Power & Gas, and Other Activities, allowing for a diversified approach in its operations. With its headquarters situated in Marousi, Greece, Motor Oil (Hellas) has cemented its presence in the energy industry through a broad spectrum of operations that include the production, sale, and distribution of an array of oil products. Additionally, its active involvement in real estate, waste management, and financial services illustrates the company's multifaceted business model, aiming to address a wide range of market needs.

Products and Services

• Liquid Fuels, Lubricants, and Asphalt

  Motor Oil (Hellas) specializes in producing and marketing a variety of products intended for transportation, industrial, and household purposes. This includes high-quality liquid fuels, a range of lubricants for various applications, and asphalt, catering to the needs of both local and international markets.

• Retail Network and Gas Stations

  The company's expansive retail network plays a crucial role in the distribution and marketing of oil products such as gasoline, fuel oil, diesel, and lubricants. Motor Oil (Hellas) operates a series of gas stations, providing customers with access to high-standard fuel products and services.

• Used Lubricants Collection and Trading

  In an effort to contribute to environmental sustainability, Motor Oil (Hellas) engages in the collection and trading of used lubricants. This initiative not only addresses the recycling needs but also promotes the responsible disposal and treatment of lubricants.

• Crude Oil Trading and Exploration

  The company extends its expertise to the domains of research, exploration, and trading of crude oil, emphasizing its active role in the upstream sector of the oil industry. This includes strategic moves to secure and trade crude oil, facilitating its refining operations and ensuring a steady supply of raw materials.

• Liquefied Petroleum Gas (LPG) Marketing and Distribution

  Motor Oil (Hellas) also ventures into the LPG market, overseeing the marketing and distribution of liquefied petroleum gas. This diversification aligns with the company's goal to cater to a broader spectrum of energy requirements, fulfilling both residential and commercial needs.

• Aircraft Fuel Supply System

  The operation of an aircraft fuel supply system and the management of storage facilities at Athens International Airport underscore the company’s capabilities in servicing the aviation sector. This includes the provision of reliable fuel supply services to airlines, enhancing operational efficiency and safety.

• Real Estate, Waste Management, and Financial Services

  Further diversifying its portfolio, Motor Oil (Hellas) is involved in the real estate sector through the purchase, sale, and development of properties. Additionally, it offers facilities management, waste management, and a range of financial services, broadening its impact beyond the core oil and energy market.