TR

Historical Development Of Tüpraş

  • 1955

    1955

    Turkey’s first oil refinery, Batman Refinery, was commissioned.

  • 1961

    1961

    Izmit Refinery (İpraş), with a 1 million tons/year capacity, was commissioned.

  • 1971

    1971

    Izmit Refinery’s First Expansion Project was completed and its crude oil processing capacity rose to 5.5 million tons/year.

  • 1972

    1972

    The Izmir Refinery, with a 3 million tons/year refining capacity, was commissioned.

  • 1974

    1974

    Deniz İşletmeciliği ve Tankerciliği A.Ş. (DİTAŞ) was established in March 1974.

    1974

    1974

    Turkey’s only base oil production facility was commissioned as part of the Izmir Refinery.

  • 1982

    1982

    The Izmit Refinery’s Second Expansion Project was completed, with the crude oil processing capacity rising to 11.5 million tons/year.

  • 1983

    1983

    İpraş and the three other refineries were united under Tüpraş.

    1983

    1983

    İpraş’s 29% share in Ditaş was acquired by Tüpraş.

  • 1986

    1986

    In Central Anatolia, the 5 million tons/year capacity Kırıkkale Refinery was commissioned.

  • 1987

    1987

    The Izmir Refinery Expansion Project was completed, with the refining capacity rising to 10 million tons/year.

  • 1990

    1990

    Management planning embraced the simulation approach.

    1990

    1990

    Production planning started to follow the optimization model.

    1990

    1990

    Tüpraş was handed over to the Privatization Administration.

  • 1991

    1991

    Some 2.5% of Tüpraş shares were offered to the public and began trading on the ISE.

  • 1993

    1993

    The Hydrocracker Complex was commissioned at the Izmir Refinery.

    1993

    1993

    The Hydrocracker Complex was commissioned at the Kırıkkale Refinery.

  • 1997

    1997

    The Hydrocracker and CCR complexes were commissioned at the Izmit Refinery.

  • 1998

    1998

    Automatic Pricing Mechanism commenced.

  • 1999

    1999

    Free float rose to 3.58%.

    1999

    1999

    Marmara earthquake caused a fire at Tüpraş on August 17th.

  • 2000

    2000

    Following the second international public offering, 34% of Tüpraş shares began trading on the Istanbul and London Stock Exchanges.

  • 2001

    2001

    The Izmir Refinery’s CCR Reformer and Isomerization units were commissioned.

    2001

    2001

    The Petkim Yarımca Complex was acquired by Tüpraş.

  • 2002

    2002

    In October 2002, 79.98% of Ditaş shares were purchased for US$ 16.5 million.

    2002

    2002

    The Izmit Refinery’s Isomerization Unit was commissioned.

  • 2003

    2003

    Supply Option Study was launched.

  • 2004

    2004

    All refineries obtained quality and environment certifications.

  • 2005

    2005

    Free float rose to 49%.

    2005

    2005

    Laboratory accreditation was obtained.

    2005

    2005

    Refinery licenses were renewed.

    2005

    2005

    The Izmir Refinery’s Diesel Desulphurization Unit was commissioned.

    2005

    2005

    The Koç-Shell Joint Venture Group won the tender for the block sale of 51% of the state-owned Tüpraş shares.

    2005

    2005

    The Petroleum Market Law became effective.

    2005

    2005

    100% import liberalization began.

  • 2006

    2006

    New logo and corporate identity study was concluded.

    2006

    2006

    On January 26, shares were transferred to Koç Holding A.Ş.

    2006

    2006

    Some 40% of Opet’s shares were acquired from Aygaz A.Ş.

    2006

    2006

    The Operational Excellence Program was launched.

  • 2007

    2007

    Energy management units were established.

    2007

    2007

    Installation of flue gas measurement devices (CEMS) was completed.

    2007

    2007

    Intranet Portal was launched.

    2007

    2007

    National Marker Application was launched.

    2007

    2007

    RUP investment decision was made.

    2007

    2007

    SAP System was initiated. The Company released its corporate responsibility report (GRI) in compliance with international standards.

    2007

    2007

    The Health Safety and Environment Policy were released and the management declared its commitment.

    2007

    2007

    The Izmit Refinery’s CCR Reformer and Diesel Desulphurization Unit were commissioned.

    2007

    2007

    The Tüpraş Recognition, Appreciation and Award scheme was launched.

    2007

    2007

    Tüpraş’s Corporate Governance Rating was set at 7.91.

    2007

    2007

    A transportation agreement was signed with Turkish Railways, TCDD.

  • 2008

    2008

    OSAR-Risk Assessment Table was launched.

    2008

    2008

    Production at the Petrochemical Plant was terminated and Residuum Upgrading Project was initiated.

    2008

    2008

    Railway Transportation

    2008

    2008

    The Izmir Refinery’s Gasoline Specifications Improvement Investment was commissioned.

    2008

    2008

    The Kırıkkale Refinery’s Diesel Desulphurization and CCR Reformer units were commissioned.

    2008

    2008

    The tanker Sevgi joined the Ditaş fleet.

    2008

    2008

    Advanced Process Control applications were started.

    2008

    2008

    All refineries became ready to sell diesel at Euro V standards.

  • 2009

    2009

    Contractor management system was activated.

    2009

    2009

    Customer orders started being received via the portal.

    2009

    2009

    Customer Relationship Management System was launched.

    2009

    2009

    The Izmit Refinery’s Gasoline Specifications Improvement Investment was commissioned.

    2009

    2009

    The tanker Gönül joined the Ditaş fleet.

    2009

    2009

    Winter diesel production was initiated.

    2009

    2009

    Working environments were improved.

    2009

    2009

    All gasoline products marketed in Turkey were improved in line with Euro V specifications.

  • 2010

    2010

    Ethical values were revised.

    2010

    2010

    Master’s degree programs were launched jointly with universities.

    2010

    2010

    R&D Center was opened.

    2010

    2010

    Refineries launched the Waste Management Program via SAP.

    2010

    2010

    The world’s first Cracking Catalyst in the Desulphurization Unit’s reactor was implemented .

    2010

    2010

    Tüpraş was registered to the REACH statute.

    2010

    2010

    Batman Refinery earned a first prize while the Izmir refinery received third prize in the Industrial Energy Efficiency competitions.

    2010

    2010

    CE Certification was obtained for bitumen products.

  • 2011

    2011

    Izmir and Batman Refineries were granted first prizes in the Industrial Energy Efficiency competitions.

    2011

    2011

    Izmir and Izmit kerosene sweetening units were commissioned.

    2011

    2011

    The Corporate Governance Rating was upgraded to 8.62.

    2011

    2011

    The loan agreement was signed for the Residuum Upgrading Project.

    2011

    2011

    Tüpraş’s educational film on occupational health and safety came in second in a worldwide competition.

  • 2012

    2012

    Izmir Refinery commissioned its Caustic Neutralization Unit.

    2012

    2012

    Izmir Refinery inaugurated the U-920 Gas Turbine and Waste Heat Boiler.

    2012

    2012

    Izmit Refinery commissioned its C3/C4 Splitter and Selective Hydro generation units.

    2012

    2012

    Kırıkkale and Batman Refinery commissioned new bitumen tanks.

    2012

    2012

    The Corporate Governance Rating was upgraded to 9.10.

    2012

    2012

    The tanker T-Leyla began transporting in December 2012.

    2012

    2012

    The tanker T-Suna joined the fleet on November 23, 2012.

    2012

    2012

    Tüpraş issued 5.5-year bonds worth US$ 700 million on the international market.

    2012

    2012

    Batman Refinery placed first at the competition for Industrial Energy Efficiency.

  • 2013

    2013

    ISO 50001:2011 Energy Management System Certification was obtained.

    2013

    2013

    ISO/IEC 27001:2005 Information Security Management Systems Certification was obtained.

    2013

    2013

    New bitumen tanks were commissioned at the Izmit and Batman refineries.

    2013

    2013

    The Aegean Region Chamber of Industry presented the “Environmental Best Practice Award” to Izmir Refinery for the Base Oil Complex Burner Modernization Project.

    2013

    2013

    The heat integration project was commissioned at the CCR and Benfree Units of Kırıkkale Refinery.

    2013

    2013

    Tüpraş’s Corporate Governance Rating was upgraded to 9.34.

    2013

    2013

    Batman Refinery won first prize in the Industrial Energy Efficiency competition.

  • 2014

    2014

    Izmit Refinery’s RUP Facility was completed.

    2014

    2014

    T. Esra, designed to carry heavy petroleum products such as bitumen, one of the world’s two largest tankers of its kind, was inaugurated on January 24, 2014 and joined the fleet. Construction of the T. Aylin tanker, inaugurated on June 24, 2014, reached its final phase.

    2014

    2014

    The Batman Refinery won first prize in the category of Energy Efficient Industrial Facility at the Industrial Energy Efficiency Competition (SENVER 14).

    2014

    2014

    The R&D Center Campus, covering 12,950 square meters and comprising a Design Building, a Laboratory Building and a Pilot Facility Testing Building, commenced operations.

    2014

    2014

    The simulation program, developed after the R&D project titled “Monitoring, Modeling, Simulation and Optimum Maintenance Planning of Exchanger Pollution to Minimize Energy Waste at the Refinery,” was registered as a European Union Trademark (CTM) under the name “HexMon.”

    2014

    2014

    Tüpraş ranked among the top 15 companies on the BIST Sustainability Index, which was launched on November 4, 2014.

    2014

    2014

    As a result of the assessment carried out in accordance with the new methodology issued by the Capital Markets Board in January 2014, Tüpraş’s Corporate Governance Score was upgraded to 9.31 in October 2014 from 9.28 on April 30, 2014.

  • 2015

    2015

    In response to the patent application for “Diesel Production Method and System,” the Turkish Patent Institute issued a patent with examination to Tüpraş, providing protection for a 20-year period.

    2015

    2015

    Inaugurated on June 24, 2014, the T. Aylin tanker was put into service in February 2015 and completed its first voyage in March.

    2015

    2015

    The HexMon brand received design mark registration from the Turkish Patent Institute.

    2015

    2015

    Tüpraş had first 3 ranks in the “SENVER-2” category at the Industrial Energy Efficiency Competition, with Kırıkkale Refinery winning the first prize, İzmit Refinery winning the second and İzmir Refinery winning the third prize. Batman Refinery won the Special Jury Prize in the “SENVER-3” category at the some competition.

    2015

    2015

    Tüpraş ranked among the top 29 companies included in Borsa Istanbul’s Sustainability Index in 2015, when BIST-50 component companies were assessed; BIST-30 component companies were assessed in 2014.

    2015

    2015

    Tüpraş won first prize under the European Business Awards for the Environment (EBAE)’s Turkish National Scheme for its project “Using Membrane Deaerated Cold Boiler Feed Water For Energy Recovery,”

    2015

    2015

    Tüpraş’s corporate governance score rose to 9.44.