HEAD OIL CORPORATION

Abstract

In early 1976, Head Refining Company received a formal proposal from China Oil Corporation, a local partner to the joint venture of lube oil manufacturing in Taiwan. The proposal called for an expansion of lube oil plant facilities from the current capacity of 2,000 B/D to 4,000. Head Refining Company is one of the seven operating companies of the Head Oil Corporation, one of the major oil companies in the U.S. China Oil Corporation is a petroleum refining company, nationally owned by the Government of the Republic of China(in Taiwan). The joint venture was called China-Head Company, 51% owned by Head and 49% by China Oil. Lube oil manufacturing was its sole business...